Commercial Letting Process
Step 1. Our expert valuers at Smith & Ken carry out thousands of valuations every month, giving us intimate and unparalleled knowledge of property values in your area and all developments. This is why we consistently achieve the asking price across all our clients' properties, contact us today for a commercial appraisal and we`ll glady assist in a quick rental for your office or retail space.
Step 2. When you instruct Smith & Ken as your agent when letting your commercial property rest assured your best interests are priority and we will work with you every step of the process to make it stress free with the end result you want - a new tenant! Take a look what our past clients had to say about us on our testimonials page as a reference to our work ethics.
Step 3. There are a lot more commercial properties available now than there were in the last few years as rents have decreased somewhat. Therefore owners and landlords have to be flexible on price and payment terms when looking to secure a tenant for their property. It is part of our service here at Smith & Ken to help and advise you if need be.
Step 4. When you instruct Smith & Ken to lease your commercial property you will automatically benefit from our unrivalled, comprehensive marketing package. Our team of specialist 'Photographers' will, in just one visit, collect all marketing elements for your property including: interactive floorplans, 360° tours, colour photographs and have them live on our state of the art website within days, alongside local information, location maps, aerial views and printable colour brochures. Helping you find the clients you need to rent your office or retail space.
Step 5. To maximise viewing opportunities be sure to contact your designated Smith & Ken consultant so that they can arrange as many viewings for you as possible with our clients at times that suit you. This means that on any particular morning, afternoon or evening we can fit in as many viewings as possible for your commercial property to give you a real chance of a quick rental with one of our clients.
Step 6. As soon as an offer is received we will notify you both verbally and in writing. Part of our service is to advise you on offers for your commercial property, this can include what other properties of the same specifications are renting for on an annual basis in close proximity so that you know you are getting a price which is right and fair.
Step 7. Once you have decided and accepted to let your commercial property to a client of Smith & Kens we will then prepare a lease agreement and write to all parties to confirm the agreed price and help with a rental agreement that is certified with RERA to protect all parties in an open and transparent way. Ask your consultant here for more information on this if you would like to see a draft copy of the agreements we use.
Step 8. We also provide a tenant screening process here at Smith & Ken this is part of our procedure to make sure the people who will be occupying your commercial property are the right people and will look after your unit/s in a respectful way and treat it like there own. After all this is your property and an investment you made, we feel this is a fantastic process and give all parties peace of mind.
Step 9. As with all steps in the letting process it is part of our service here at Smith & Ken that we prepare a draft commercial rental agreement. Our agreements are all RERA attested and certified. Once the agreement is finalised a deposit shall be taken from our client and passed onto yourself.
Step 10. Once you have found a client for your commercial property with the help of Smith & Ken it is now time to enjoy your return on investment. Perhaps you would like to re invest the money you are making from letting your property and build up a portfolio? We can always advise you on any special offers that we have that will suit your budget and maybe look at an apartment or villa