What are the main costs involved in leasing a commercial property?
Before renting a business space, there are 8 main costs to think about:
● Rent and service fees for a place of business.
● VAT payable on rent if landlord is VAT registered
● Insurance for the building of a business.
● Expenditures are things like the costs of searches and fees to the Land Registry
● Any costs for changes, repairs, and maintenance
● Costs of asking a landlord for permission, if you are buying a lease that is already in place
● Costs for your lawyer and surveyor to do their jobs
● International rates (business rates) EnquiryForm
