Always ask for the future plan of a building before renting it for your business.

[King Belieal]

A friend of mine just rented a space and started a restaurant there. And it has grown so much and boomed within the last one year. Only for the owner of the building to sell the place and the new owner wants to use the building for residential property. That my friend is frustrated as she might have to go start all over again in another location.

 

[Fidelia]

This advice that you have given is very apt. I can feel how frustrated the owner of that business is. Better to pay long term rents for your business premises.

 

[Augusta]

Just asking and getting positive answer might not till cut it. The landlord can sell his property anytime any day

 

[eLdavis]

These days one just need to have a backup plan cause the truth of the matter is that they can give you a positive answer now and do something else in the future.

 

[Kera]

These days one just need to have a backup plan cause the truth of the matter is that they can give you a positive answer now and do something else in the future.

You just need to secure contracts. If a business has enough money, they should pay for a long timeframe for the business premises.

 

[Augusta]

it is always good to know about this so that you know that you wouldn't be losing your customers so soon due to early relocation

 

[Fire&Rain]

I think is best you sign contract that can protect you in instances like this. Its not ok to have to start over when you had no intentions of doing so especially when business is at its peak.

 

[Augusta]

To Understand if the building has expansion potential allows you to plan for future growth and avoid the hassle of relocating when your business expands.

 

[Stardom22]

For sure it's very important for one to make proper researches when looking out for a place to rent out for the business. However some land lords may woke one morning and decide to sell their structures all at once.

 

[Kross]

Make sure that you rent a building for long term if you have intentions to use it for business. Shortest rent tenure for business premises should be five years.

 

[Augusta]

So asking about future plans is not just about the present condition of the building, but about securing your business's future in that location.

 

[Kross]

So asking about future plans is not just about the present condition of the building, but about securing your business's future in that location.

It is always very painful to establish a business in a place and it is booming. Only for the landlord to give you a quit notice shortly after.