Renting commercial properties make much higher income when compared to regular residential properties and it also helps individuals to invest in other great business opportunities.Individuals or organization who are willing to rent their elite commercial properties for best deals can plump into Commercial properties for rent category at Bissko.
Financially, renting property can make good business sense. Upfront costs for leasing/renting premises are often relatively low, though you may pay a premium . Sometimes you may also have to provide a refundable deposit. But generally renting is of less capital when compared to buying business property, freeing up cash that could be used elsewhere in the business.
If you are renting then you are not exposed to interest rate rises, although your rent may rise periodically as a result of annual rent reviews. Always check and know how rent is reviewed before you sign the lease.
There is also less scope for unexpected financial shocks such as a decrease in property value - unless you wish to sell the remaining term on your lease to someone else. Also, you will have no concerns about Capital Gains Tax unless you decide to sell your lease for a premium sum.
And also Entrepreneurs for the most part invest heavily in their organizations and need to secure their livelihood. Owners of commercial properties are typically not individuals, but LLCs, and operate the property as a business. Accordingly, the owner and occupant have more of a commercial-to-commercial customer relationship, which helps keep interactions professional and gracious.
Knowing the significance of commercial properties Bissko came up with a conceptualized platform to fill the vacuum between buyers and sellers where business individuals or organizations can post a free ad at Bissko - Commercial properties for rent category