Find the perfect commercial property to rent for your company

 Starting a new business is a very time consuming task. One thing that you need to do is find a commercial property that you want to rent out. It is very important that you take the time to select the right commercial property in malta for your business.

Types of commercial real estate

There are many different types of commercial property that you can consider. The type of building you choose depends on what you plan to use it for and what type of business you have. You might want to rent a warehouse to store products, an office for your employees, an industrial facility, or even a small shop down the street.

Whatever type of property you choose, make sure you are happy with it, that it is exactly what you want. Check that they have the correct permissions for the type of business you plan to run the property and, if not, how much it will cost to get a permit.

Future proof

Moving business premises is very costly. You won't want to move for a few years. Therefore, check whether the commercial unit is not only large enough, but also for the foreseeable future. There should be additional space, or it should be possible to create additional space, for example by adding a mezzanine if necessary.

By examining expansion options before deciding on a property to move into, you should minimize the chances of having to move again very soon.

contract

When you have found the ideal commercial property to rent, you need to sign a contract. You need to make sure you know exactly what the contract means before you get down to the pen. At this stage, ask all questions before signing anything. Any mistakes or anything you don't like in the contract can be renegotiated if mentioned now.

Important things to look out for are the amount of the deposit and when to claim it back. Also check whether you or the landlord are responsible for the maintenance of the building. Usually this is the tenant, although sometimes the landlord is responsible for correcting any defects in the property.

safety

If the business location you want is on an estate, check whether there are security patrols. It is also worth checking that there are working security cameras in place to keep your business safe from thieves.

Review of the commercial property to be rented

Before deciding on a commercial property in malta to rent out, you should visit some of them in person. Take the time to look around as you may find some things that you have overlooked. Make a shortlist of the various properties that interest you and visit them again.

Once you've found your preferred commercial property to rent, you can sit down and close a deal. Just check that your company can afford the monthly payments and that it doesn't put too much strain on your company.