Leasing Business Premises: FAQs for StartUps

If you’re about to start your own business, then one of the most important steps is choosing the right premises to operate from. Get it right and you will have a solid base from which you can start to grow, but get it wrong and it can turn into a big, expensive distraction. The best way to avoid potential future problems is to make sure you understand everything about the premises before you sign the lease. Here are the main questions you should be asking your property agent: Who is responsible for what? Maintenance: Ask what maintenance you are expected to pay for, and what your landlord pays for. Also find out what standards of maintenance you are expected to meet if it’s your responsibility. Meeting standards: Whatever type of business you plan to run, the building you choose will need ... »