Hiring a Commercial Property For Your Business

If you are intending to start a new business you are supposed to take care of a lot of things. The very first thing is to hire a property that suits your business. You must be thinking of hiring a property for your office employees, a product warehouse, a unit for an industry or a small store.

Most important thing that you need to focus on is whether the permission for the type of business that you want to run there exists or not. If the permission exists then well and good otherwise you have to check the amount of money you have to spend in order to get the permission.

Future events:

Relocating a business is very costly. Once you start your business somewhere you want to stay there for a long time. While purchasing a property you need to check for the future event that means whether the space available will be sufficient for the near future if not then is there any chance for creating an extra space. This will help you to ascertain the time you can stay over there. Ultimately it will prove beneficial for your business.

Legal formalities:

After finding the property suitable for you to hire, you have to complete the legal formalities that are required to hire a property. Now you need to have the knowledge of what is there in the contract before you are signing it. Any queries related to the agreement should be clarified; not doing so you might have to face problems in future. So it is advisable to go through the agreement and if anything does not suit your taste then ask for its amendment.

Important thing that needs to be considered is the maintenance of the building and the security money that you have to pay, ensure that the security deposit is not too high. Regarding the maintenance you need to clarify with the owner about who is responsible for the upkeep of the building so that there is no argument regarding this in future.


Security is one of the major issues that need to be taken care of. If the property that you aspire to hire is in an estate, you need to check for the security patrols. There should be cameras fitted for security that can protect your property from thieves.

Check the property

Property that you want to hire should be checked thoroughly before hiring.  For this purpose you need to visit some of the properties personally. You should check the property clearly without missing any portion and then only decide for yourself whether the property is worth hiring and will it serve your purpose. The amount of rent to be paid should also be within your paying capacity.

Summarizing the entire scenario we can say that hiring a commercial property for business is a good idea. It saves us from the burden of purchasing a property. Moreover it saves our time and we can focus on other aspects related to the establishment of our business.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in flats in mohali and the best Real Estate Agents Mohali check out our website.

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