I'm looking to move from my current place, and I have a few questions about commercial renting. Is there a going rate which is already set according to the Location, or is the going rate just what they can get? I read something about Zone A rents and didn't know if it's fixed or what.
Secondly, I've been looking for a while and I see a hell of a lot of emplty space in the city centre. But it's all very expensive. You'd think they'd reduce the rents. Or the space is too big for me but they won't rent out half of it and I see the signs up for a long time - well over a year for a location I'd really like! Do the owners get some sort of tax break if they leave an office emptly even if they could let it?
Lastly, what's a normal lease length?
Secondly, I've been looking for a while and I see a hell of a lot of emplty space in the city centre. But it's all very expensive. You'd think they'd reduce the rents. Or the space is too big for me but they won't rent out half of it and I see the signs up for a long time - well over a year for a location I'd really like! Do the owners get some sort of tax break if they leave an office emptly even if they could let it?
Lastly, what's a normal lease length?