Finding the right tenants for your commercial property can make a huge difference to the success and profitability of your investment. Here are some tips to ensure a smooth leasing process:
- Find the right fit. For multi-tenanted properties, it can be helpful to find tenants whose businesses complement each other. Why? Because it can create a harmonious environment, reduce conflict, increase tenant satisfaction, enhance property appeal, optimise space use and improve the property’s reputation.
- Go for quality over quantity. Focus on high-quality tenants by carefully analysing lease terms, financial and business plans. This helps maintain property standards and reduces potential issues.
- Work with an expert. Companies like us who specialise in commercial property have connections with agents across various industries and specialties. Getting the right experts on board means you’ll have access to a larger network of potential tenants, high-quality marketing and maximum exposure. You’ll also benefit from their negotiation skills, legal knowledge and other services like tenant screening.
At Viranda, we make owning commercial property simple. When it comes to leasing, we handle admin, compliance + act as the middleman between clients, tenants and agents. The upshot? A smoother process and more profitable investment. Thinking about commercial property? Get in touch.
