Moving into a new business premises can at times be stressful, but it doesn’t need to be. If you work with a professional and efficient leasing company like Zupp Property Group for your commercial property, the process can be smooth and the transition into your new space pain-free (and even enjoyable).
There are many different aspects to consider when looking at a commercial space for your business and signing the lease typically comes at the end of a long list of requirements, searching for the right area and choosing the best building for your business.
Luckily Zupp Property Group does a lot of the groundwork for you when it comes to scoping buildings that are in great positions, accessible by major road networks and have great facilities like parking and appropriate space. We also make sure buildings are expertly maintained and have a 24/7 maintenance and emergency crew on board for any of those middle-of-the-night issues that might crop up from time to time that can’t wait until morning.
Below are a few of the things that most of our customers want to know about our commercial leasing. If there’s anything you would like to talk about that you don’t see below or have specific questions, feel free to contact us on 1300 00 ZUPP.
How long is the lease time frame?
When considering a commercial lease it’s always wise to find out the lease term as the cost of moving businesses can be considerable. No one wants to think that after moving their entire business into a building their lease could run out after 1-2 years. This is why Zupp typically offers 3-5 year leases with the option to negotiate longer lease terms if required.
Lease renewal after term finishes
It might seem way down the track but thinking about what happens once your lease finishes is worth considering before you sign your initial lease. Here at Zupp we can put into the original lease the option for a further term, or prior to your lease finishing we are more than happy to meet with you and negotiate a new lease agreement.
Who is responsible for maintenance?
When it comes to making sure your building is maintained and presentable, this is something that Zupp Property Group takes pride in and we make a point of maintaining our buildings to the highest standards.
Insurance requirements
Insurance is one of those areas where there are lots of options, regulations and requirements depending on your business, if you see customers, the equipment you have, etc.
Deposits or security bonds
Most commercial leases require some type of deposit and bond. Here at Zupp we take a deposit that goes towards your first month’s rent. We ask that our tenants then supply a security bond to be held for the length of the lease, which is then returned once the lease contract expires.
Dispute resolution
If there’s ever an issue it’s good to know how these disputes are going to be resolved, who you can speak with and the turnaround time for any issues that may arrive throughout the time of your commercial lease.
We have a local team available if there’s ever something you wish to discuss.
Subleasing
Many people are interested in the idea of sub-leasing their commercial area, or at least want to find out if it’s possible before they decide on a commercial property lease. It makes sense as your business may streamline and not require as much space down the track so being able to sub-lease your space makes perfect sense.
Subleasing is something that we can discuss with you should it be a requirement of your business. Given the right arrangement we have even helped our customers to find sub tenants.
These are the most common aspects of a commercial lease we get asked about on a regular basis and we hope it gives you a little insight into how working with Zupp Property Group will get you into the right property sooner.
