Blog

Get Affordable High Street Commercial Spaces in Noida Extension

One of the biggest expenses that every growing business firm faces is the commercial space. Negotiation is the key to get an affordable high street commercial spaces in Noida Extension. Before you begin negotiating you should have done your homework. Two pointers that could be helpful include the following.

1. Has the high street commercial spaces in Noida extension been vacant for a long time?

2. Are there other firms vying for the same space?

Length of the lease term

Commercial spaces are easily available in Noida extension if the length of the lease term is longer. However, keep in mind the company's need that may probably change in the short-term. Therefore, negotiate with your landlord for a short-term lease with renewal options every two years.

Stay away from trendy commercial spaces In Noida Extension

As a startup owner, you may be tempted to look out for a modern looking commercial space in Noida extension with a dream of impressing investors. However, remember that a sleek brainstorming or conference room may not change your fortune. But a room with sufficient lighting and basic gadgets and a sub-sub-lease for a quarter of the market price would increase the probability of impressing your investors better.

Check Market Rents commercial spaces In Noida Extension

Scour the high street commercial spaces in Noida west and greater noida west to get an idea of market rents. Compare this with the asking rent or lease of the landlord. Else you can approach a reputed commercial realty broker to get an up to date market lease rates. Use this information while negotiating the rent or lease with the commercial property owner.

Look for Offices That Have Been Left Empty

Look out for commercial spaces in noida extension that have been vacant for at least six months to one year. The owner of space that had no takers would for a long time be more than happy to rent it out to you for a reasonable rate.

Look out for spaces that have subleases. The reason is space would be easier as well as cheaper to get. Also, most of these spaces would have some built-in improvements. The lease terms would also be better than the ones you may get directly with the landlords. There are many commercial spaces in greater noida west and noida extension at affordable costs. You should take time out to scour for a suitable space or get the assistance of a reliable commercial broker. However, ensure that you choose a space constructed by a reputed builder.