"In business as in life, you don’t get what you deserve you get what you negotiate"
- Chester L Karrass
A major challenge faced by tenants is navigating a lease negotiation or renewal with limited knowledge of the process and the market. Owners are well aware that those seeking renewals place convenience over cost. And relative inexperience can mean tenant negotiations fall short when it comes to savings and flexibility.
Tenant CS bring the know how to help you negotiate:
Incentives – Incentives in the form of a rent-free period, rent abatement or fit-out contribution can equate to thousands of dollars’ worth of savings over the lease term.
Asking rent – With the right advice, you can be confident that you’re entering a fair agreement, which reflects current market value and trends.
Thefineprint – A typical leasing agreement is over 50 pages long and may contain legal jargon, hidden costs and contractual traps.
Flexibleleaseterms – To stay competitive, businesses need to remain agile. Flexible leases may afford businesses the opportunity to upsize or downsize, review rent or break lease if market conditions change.
Make goods – A ‘make good’ is a clause in most commercial leases, which requires the tenant to return the property to its original condition before handing back the keys. However, it can be an expensive exercise if not negotiated correctly.
Get in touch
Lease negotiations are tedious, and even small mistakes can drive up costs. So, when it comes to your next lease negotiation or renewal, let Tenant CS level the playing field and save you time and money. Get in touch with a member of our team today!