Here at MoneyTowers, we have come up with a list to help you decide what your business needs from it’s premises, and what you need to look for on your search.

1. Space
How much square footage do you need ro each of the following? (for office space, We recommend about 100 square feet per employee)
Office: _____________________
Storage: ____________________
Factory: ____________________
Retail: _____________________

2. Working Environment
Which of the following are the most important considerations?
Light
Noise
Cleanliness
Fire hazards
Neighbours/Neighbourhood
Smells

3. Access
What sort of access does the building need?
Good pedestrian Access
Good parking facilities
Good amenities
Access for lorries/vans?
Specialised delivery area

4. Services/Facilities
Which of the following would you like to be pre-installed?
Partitions/fittings
Telephone/internet lines
Burglar Alarm
Central Heating
Air Conditioning
Lighting/electricity points
IT Network points
Cooking/refrigeration

5. What is your budget?
What sort of price are you looking at for…
Rent (per sq. foot)
Rates (per sq. foot)
Maintenance
Running Costs
Decoration costs
Phone, electricity, IT installation/upgrade
Security

Other things to consider are the length of the lease and the rent review period – you may want the contract to specify the maximum the rent can be increased by, and also what the get-out clauses are.

Click here to see a list of current business properties for sale/lease.

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