May
15th

Top 5 Credit Crunch Tips For Leasing Commercial Properties

Files under Property News, Property tips | Posted by Admin USReal

Real Estate, PropertyThe main intention of leasing commercial properties is usually to make extra cash through business. It therefore makes sense to find ways of minimizing expenses during the current credit crunch. The first thing you can do is negotiate for lower rental rates with your landlord because rent can sometimes make up for a huge chunk of the monthly expenses.

Something else you can do is your landlord to give exclusive rights to the leasehold. This will shield you from being thrown out in case another tenant pays more. Thirdly, get capped service charges so that you are in control of your bills and expenditure. Also, be on the look out for incentives being offered by landlords as they are cheaper than the standard rates charged for rent. It is also good to go for shorter lease periods instead of long ones, because the rates keep increasing every now and then.

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