Tag Archives: Lease contracts

Considering leasing space.

Here are some thought and considerations on what questions you maywish to ask before it’s too late.

Consider that they have in their lease writen in their terms and conditions that they are able to sub let before they are in breach of contract.

Read the small print

I wish I had read all the terms

For new businesses consider building in to your agreement a break clause after say 6 months.

This protects both parties as not all businesses fly straight away. Life has a terrible way of bringing about unexpected changes. One can always re negotiate.

Consider terms of payment for rent and requires agreement from both parties concerned. Make sure you obtain a receipt for rent paid if it is cash as it will be required by your accountant for your year end accounts. A petty cash receipt should be sufficient.

Is your rent for space inclusive or light, heat and rates?

Remember information is free, advice is paid for

If some of these questions startto ring a bell in your ear and you are thinking of starting a business and wish an appointment to see how I can help you and save you money, please contact me on 07801 287 213. or email me on infor@virtualtaxuk.com. Fees to structure your business apply.