Bath Commercial Property.
Thinking about opening a shop or office in Bath?
Bath commercial property agents have letting boards in the window and act for the landlord to get the best deal possible for their client. So you need to be prepared:
Include all costs in a business plan:
Initial costs: Fit out, planning, building regulations, landlord consent(s), relocation costs, solicitors & surveyors fees, testing and statutory compliance costs.
Running costs: Rent, business rates, service charge, Insurance, utilities (including initial connection(s), parking, refuse, storage, repairing and maintenance obligations and any out of hours trading costs.
Exit costs: Exit costs will vary between properties and can easily be tens of thousands of pounds on certain bath properties due to them being listed buildings in a world heritage site.
Know the market rent. Make a mistake here and lose £000’s every year.
Negotiate the deal as a whole package covering all of the above . Understand all the issues, and ensure that your business plan can handle them before you negotiate terms with the landlords letting agent.
Good advice from a Bath based RICS surveyor will likely pay for itself several times over.