6 nuances that need to be taken into account when renting out a store

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sadiksojib35
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6 nuances that need to be taken into account when renting out a store

Post by sadiksojib35 »

The most popular square footage of commercial properties is from 70 to 100 sq. m. According to Setl City , the largest number of transactions - up to 50% - are concluded for the purchase of nepal whatsapp phone number premises of 50-100 sq. m. These are the areas that pharmacies, small bakeries, convenience stores and coffee shops are looking for.

Another 20% of demand is for premises up to 50 sq. m, and only 10% for premises of 200–250 sq. m. Supermarkets such as Pyaterochka, Magnit, and Dixie typically require large areas — at least 300 sq. m. But they only “sit down” where there is good traffic.

At the same time, we often see premises of 800 sq. m and more among empty properties. This is a reason to think about whether it is possible to divide the premises into parts, accommodating not one, but several tenants and giving each one 100 meters?

If it is technically possible, the premises will be rented out much faster. The same rule of small areas, by the way, also applies to offices. No tenants for a large office? It is much more likely that a tenant will be found for a small one - a start-up business is always looking for something smaller.

It is also clear what kind of repairs to do in the premises. Of course, only the management of a beauty salon or a store knows what kind of repairs the facility requires, because everything depends on how the business will be organized. At the same time, rough repairs, good communications, and a pleasant facade will quickly attract a potential tenant.


We come up with a commercial proposal to the desired business
If the property has already been put in order, it needs promotion. It is not enough to put up an ad on CIAN and Avito and put a banner on the building that says "For Rent". The owner must determine which business can rent his premises, make a presentation and send it to potential tenants.

Beginning owners of commercial real estate today often buy space in new residential complexes. But since there are many empty spaces when the property is handed over, they remain idle for a long time. It is important to understand what kind of business is lacking in this location.
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