Every shop owner has to pay shop rent if they want to have their shop in a mall or shopping centre of any description. The only other option is to run your store out of your home or a second property, and this is very invasive as you will have people walking into your house every other minute. It also compromises your security as you have to have the doors open at all times. Paying shop rent in a shopping complex is definitely a better and safer option for any shop owner.
Firstly, you need to make sure that the space you are considering for you shop is big enough for your requirements. There is no sense in paying shop rent if you are not using all the space you are renting, it is also pointless to rent too little space as this will make your shop an unpleasant place to be in and will decrease your clientele. So you need to consider what kind of products you are going to be selling and how many employees you will have in your shop at any given time so that you can determine how much space you will need to rent.
ENTERPRISE RENTAL
Shop around for a reasonable shop rent rate. Not every mall charges the same amount for the same amount of space. The more popular and upmarket a mall is, the more they are likely to charge for a small shop. You need to decide what areas and malls you are willing to consider and whether they have the space available for you to rent in the first place. There is no point in setting your heart on a certain mall only to find out that they do not have any space for you to rent. It is a better idea to contact an agent and ask them to find out what is available and make your selection form that.
Another thing to consider while on the topic of location, is the condition of the building itself. If it is in poor repair you may need to negotiate to lower the rent and do the repairs yourself or get the owner of the building to do the repairs. Which option you take is up to you and the owner of the shop.
However, no matter what you do, going through an agent is much easier and can save you a lot of heartache and money. They will be able to negotiate a good rate for you and make sure that the contract both parties sign is legitimate and water tight. This is for the protection of both you and the owner of the shop.
Be sure that you will be able to afford the rent, the last thing you want is to be evicted because your sales are not managing to keep up with the rent you have to pay. Take the time to research the location and shop rent rates very carefully to be sure that it is a solid business investment and will not eat into your capital and leave you with some profit at the end of each month.
Consider This Before Paying Shop Rent
For more information on shop rent visit our site on http://www.corlettcity.co.za
ENTERPRISE RENTAL
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