5 Advantages of Buying Commercial Office Space for Rent

1. 5 Advantages of Buying Commercial Office Space for Rent In a country like India where start-ups and entrepreneurs are born every day, there’s a significant increase in the need for office space. A well-kept, attractive and efficiently organized office space can do wonders for your business. There are numerous downsides to managing your office from your residence hence the first and foremost step to secure a stable business is to have your own office space. To better understand its importance, let’s look at the numerous advantages of buying commercial office space in Andheri East. 1- Long-term of the lease Mostly residential lease lasts for about a year, with the option to renew yearly or monthly. Though there are a few residential landlords that offer a 2 or 3-year lease, finding one in Mumbai is difficult. On the other hand, commercial space lease is generally longer as it is beneficial and meets the market demand as well. Long-term leases provide relative relief to the tenant and enable him or her to lock their overhead expenses over a longer period. Oh! And how can we forget that banks too favor long- term leases when considering refinancing. It’s a win-win for everyone. 2- Better rent facilities and Common Area Maintenance (CAM) Landlords understand that rent for commercial spaces can’t be kept too high as the person might be fairly new in the business. That’s why tenants are offered with a ‘ramp up’ period initially that allows them to set-up their business and gain ground for a few months. During this duration, the rent along with the fee is considerably discounted. As compared to residential areas, space for a commercial office in Andheri east also provides improved CAM which includes amenities like taking out the trash, cleaning the hallways, restocking the bathroom etc. However, this doesn’t mean that the rent never increases. As the business gets more established, the rent goes up. In some cases, rent can increase yearly due to a ‘ratchet clause’. So just carefully speculate these rules before finalizing the property! 3- Provision to carry-out improvements

2. In residential spaces, one cannot change many things. The landlords would certainly not want a homely space to be modified to a commercial one! Therefore, office space for sale in Andheri eastcomes with the facility to implement a few changes. You can readily paint as per your planned interior, install extra fittings or utilize the wall-space for putting up posters, photographs etc. Of course, all this is to be done at your expenses, but at least there’s freedom to do this all, right? 4- Better social and business image If you operate a business from your home, the lack of professionalism always lingers around. A well-organized and established business space creates a healthy business image in the market. It draws in more clients and lets you fulfill operations with greater ease. 5- Hire better employees When job seekers witness a thriving business, they too want to seek employment there. Wouldn’t you want to work for a properly established business? These are the prime benefits of getting commercial office space in Andheri east, so what are waiting for? Go look for commercial spaces now!