It is pretty self-explanatory for the name. Short-term business accommodation is when you decide to rent a building or area for your business, but the lease is essentially short. This is more of a commercial agreement than a household one, and there are a few things that you have to keep in mind before you rent one.
If you are thinking about renting a short term business accommodation, many factors need to be taken into consideration at the outset. The types of accommodations vary significantly and some have stricter requirements than others.For this, you can contact the short-term lettings management who will provide you a great way to rent space for businesses from month-to-month. Start hunting out ways to build your site or launch a product, and understand why it may be worth the time and effort to construct this type of accommodation.
If you rent the place for your business, you do not have to worry about bedding arrangements or guest accommodation policies. However, some of the other elements highly matter. Like the space, locality, and, most importantly, price. Also, you can prefer Temporary Buildings to run your business in your location.
If you are here to get an insight on the important points that you should keep in mind before arranging an accommodation, then here are the five things that you need to look for.
Singapore has some efficient short-term accommodations. So look no more if you are looking for short term serviced apartments in Singapore.
Essentials For A Temporary Business Accommodation
Although you should check all the necessary details before shifting in, these are some of the essentials that are mandatory to keep in mind.
1. Price
Since it is a temporary arrangement, you wouldn’t want to spend a lot on it. I am not asking you to become a miser and negotiate everything. However, you should check a few accommodations and look around to understand the best price you can offer.
Do not fall for the first one you see because they are offering you more amenities. This could just be their way to trick you, so look around and then make an informed decision.
Due to being temporary, you will definitely have an end date in your mind. Discuss this with the rental providers and negotiate or accept the prices accordingly.
2. Space
If you plan to open an office or a temporary warehouse, you should make a blueprint of the space structure you will require. First, it shouldn’t be too congested; then, it can pose a negative setting.
On the other hand, you shouldn’t go for large specs because the rental service might charge you more for that. You do not want to pay extra money for short-term business accommodation.
Nevertheless, you must remember that place and space go hand in hand. So yes, you shouldn’t be paying a huge amount for spaces you might not require, but do not compromise on the space structure because of a low price.
Look around, and most importantly, check the reviews before booking accommodation.
3. Parking
If this was a household accommodation, parking wouldn’t have been a big issue, but parking is a major contributing element when it comes to business accommodation. For whatever purpose you are using this temporary space, there will be employees or even customers in the area.
Therefore, effortless parking is something they will be looking for. So the rental building should also have an efficient parking space. There is no point in having a top-tier working space for your business if people are facing constant inconvenience when it comes to parking.
Now, some landlords will charge you extra for the parking space, so you should have a plan ready for it. But, again, since it is a temporary setting, do not take more than you require.
4. Services
Whenever you book accommodation, there are some services which are granted by the landlord. These can be cleaning, plumbing, or renovations, etc. You are less likely to renovate something in short-term accommodation, but these are things you should discuss before you make any changes.
Sometimes, rental accommodation will provide you with some key services to keep their space clean and convenient. Also, ask them about any extra charges that they might insert within these services.
5. Cancellation
A cancellation contract is essential when you are going for short-term accommodation. Based on your lease, these accommodations can be provided for a month or even a year, but plans can change.
You might need to hold the establishment a little longer, or you might need to dissolve it before the lease period is over. Therefore, you should discuss the cancellation policy with your landlord or the rental company you are making your booking from.
Generally, a cancellation contract is drafted by both parties, and you should put forward any objection you have about the cancellation fee. Because sometimes they can charge a lot.
Final Note
In the age of the internet, getting into short-term accommodation is not very difficult. However, you should get all your facts straight and save yourself from any extra charges.
Although it is temporary, you shouldn’t settle for anything. Check the building and the neighborhood thoroughly, and then decide whether it would suit your business.
Happy Hunting!
