Best if you have a commercial Realtor. It's never too late to get one to help with your lease negotiations. - length of lease (1 or 2 years). I think a new space should try to get as short as possible. Our first 2 leases were each 1 year. Now that we're more established, we are on a 2 year. - is insurance included and what does it include? You'll likely need to get your own insurance to cover your belongings in the space. You can also have your members who leave property in the space get their own renter's insurance - what about taxes and utilities. You'll need to be real clear about what extras you have to pay on top of rent. I've been lucky to get a "Gross" lease each time which means I write one check each month and it includes, rent, utilities etc except internet which we pay for separately. A NNN lease can be a nightmare especially if they don't have an accurate estimate of what heat/gas/electric/water/trash might cost each month. A NNN lease can add almost 50% extra to the price of your monthly rent. Landlords also pass their property taxes and building improvements on to you in a NNN so they make me real nervous most times. - improvements to be included. Yes, you'll need to make sure that each party's responsibilities are fairly and accurately represented. What out for phrases like "tenant will pay for any repairs or maintenance on plumbing, heating, electric." <----also a crappy part of NNN leases. - months of free rent. Of course. - security of location. Try to get your landlord to buy the access system that you choose for the building. You likely won't take it with you when you leave. My new landlord threw down $2,000 for our electronic locks b/c he knows he'll keep them if we leave and it makes his property management easier with multiple tenants. - etc., etc.
Long story short--get a commercial Realtor. You won't pay them anything, the landlord will :) On Jan 17, 2:43 pm, bruce edward whitaker <bwhitty...@gmail.com> wrote: > We are about to put in an offer on a vacant space to house a new > coworking group. Any and all items to include in the offer would be > very much appreciated. Some that I can think of: > > - length of lease (1 or 2 years). > - is insurance included and what does it include? > - what about taxes and utilities. > - improvements to be included. > - months of free rent. > - security of location. > - etc., etc. > > Even better if anyone has a lease I would love to see it. > > Hoping everyone is well today. > > Bruce -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to coworking@googlegroups.com. To unsubscribe from this group, send email to coworking+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
