At Niche Advisory, we have a rich history of helping commercial tenants across Sydney save on their costs.
Here are just a few of the non-traditional ways we can help you save.
Yearly Increases
Most commercial leases in Sydney will be subject to yearly rental increases. This is where many businesses get stung and end up paying far too much, year on year.
At Niche Advisory, we can help re-negotiate your commercial lease in Sydney to avoid these increases.
We’ll work hard to get you the best results, in areas that other tenant advisors often miss.
Fit-Out Costs
A Sydney office fit-out can be an expensive enterprise, but it doesn’t have to be.
At Niche Advisory, this is another expense that we’ll factor into your operating costs and ensure you’re well prepared for any eventuality.
We’re also partnered with a premium office design and office fit-out company in Niche Projects. That means we can also deliver an affordable, stunning fit-out for your office.
Keeping all of this in the one place means you’ll save plenty and put your business in the best position to succeed.
Makegood Obligation
Every commercial office lease will have some sort of makegood obligation.
Essentially, it means that when you leave your office space, you must return it to its original condition, ‘making good’ on the lease agreement.
Unfortunately, this is one area where landlords tend to sting tenants for more money than they should.
Therefore, it’s essential you have the professionals on your side!
We’ll help negotiate your makegood clause to put you in the best position, whether that’s when you’re first signing a new lease, or at the end of your current lease.
That’ll mean you’ll save more on your makegood and be sure to get your bond back.
Bank Guarantee Cost
A bank guarantee basically refers to when a landlord will ask your bank to guarantee your Sydney commercial lease.
This is to protect themselves in the case of you defaulting on your rental payments throughout the course of your contract.
The bank guarantee costs can involve various fees, which will add up and can really impact your operations.
Therefore, it’s so important you work with a tenant advisor to ensure you’re getting the best guarantee possible, and not getting stung on fees.
To discuss your Sydney commercial lease, get in touch with Niche Advisory here.
