It is essential to match your premises to your business needs. There are a number of ways to search for appropriate business property to rent. You could consider:
- using our commercial property finder tool
- visting a local estate agents in person
- searching estate agent websites
- touring your local area to see agents' letting boards outside business property for let
- property listings in local newspapers
- your local council - through their Economic Development Unit
- trade associations - if an existing member is retiring or selling up
Another good way to find suitable premises is through appointing a commercial agent or commercial surveyor to help you find and rent a suitable business property. You can find a commercial surveyor near you.
Commercial agents and surveyors have expertise on the business property market in the area and can keep you up to date with any new property that comes onto the market for rent. They will also send you detailed specifications of suitable property, which can be very useful, particularly if you are limited by time.
You must pay commission to a commercial agent for acting as an intermediary between you and the landlord or seller. You will need to fully brief the agent, manage the relationship well and maintain regular contact to ensure that they find you the most suitable premises.
When employing an agent to act on your behalf, you should also draw up a contract, even if the relationship is informal. This will help to set out expectations and clarify your legal obligations to them. See sell through a commercial agent.