Commercial Properties For Rent
If you’re an entrepreneur starting a new business and you’re searching for commercial property to rent in Swansea, Neath, Port Talbot or Llanelli, then we can help you. Simply use the toolbars available on this page to refine your search and see what we have suitable for your needs.
Renting commercial property is often popular among businesses that are just starting out and can’t quite afford to buy property outright. Renting provides an ideal solution.
Our expertise in the local rental market means that we can keep you up to date with any new property developments. Each property on our website comes with an online brochure detailing its specific features and specifications. You can download these brochures in a flash – all it takes is a click of your mouse.
Benefits of Renting
The advantages of renting a commercial property, particularly for new businesses, are vast. You can always contact us to find out how you can benefit from renting, but here are five good reasons to rent:
Renting often saves your business money. Initial costs for leasing premises are more often or not quite low.
Buying a property means a lot of your money is tied up. Renting allows you more capital that could be invested elsewhere in your business.
You will benefit from less responsibility (depending on the terms and conditions of your lease) when you rent. You may be responsible for internal wear and tear of the building, but external maintenance is more likely to be the responsibility of the landlord, which will save you a lot of hassle.
As you will not own the property, you won’t have to suffer any sudden financial problems such as a surprise decline in property value – as the property market is very unpredictable and volatile.
You won’t have to worry about rises in interest rates.
What to Consider Before Renting
Rental contracts will differ depending on what you plan to use the property for and numerous other factors. They can often be complicated but you needn’t worry, visit our links page to find one of our trusted and experienced solicitors who can guide you through the process.
You’ll need to factor in other expenses, besides your standard monthly rent, such as:
Utility bills (gas, water and electric). The utility provider will usually be chosen and set up beforehand by your landlord, although double check the terms of the lease.
Services charges (call outs for certain maintenance and repairs).
A deposit which usually equates to three or six months’ rent.
Stamp duty which has to be paid on all commercial leases.
Unless stated in the lease as the responsibility of your landlord, you may have to take out insurance premiums. You may have to take out an additional insurance policy if the initial building policy doesn’t cover damage to your business assets – things that aren’t part of the communal policy.
If you’d like more information or advice for renting a commercial property, do not hesitate to contact us - we’d be more than happy to help.