Title: Best Commercial Tenant Fit up in Ottawa
1Commercial Renovation
2If you rent a commercial property for your small
business, chances are that it will need some work
to make it suitable. Most landlords offer some
type of commercial tenant improvement Ottawa
financing making it a good idea to know what the
options are, and what might be best for your
specific situation.
3If you are thinking of investing in the
commercial property, it will offer more financial
reward as compared to the residential. Commercial
property includes retail buildings, office
buildings, warehouses, industrial buildings,
apartment building that include retail, office
and apartments. Thus, the commercial real estate
has a long history of being an attractive
investment source.
4Many landlords offer a discount on rent or free
rent for a pre-determined number of months. The
tenant then uses these savings to fund the
renovation. A common option is free rent for one
month every year for the duration of the lease.
The tenant is also responsible for overseeing the
improvements or renovations. Similar to TIA, you
are less likely to experience issues with quality
of workmanship or materials as well as cost
overruns as long as you choose the right
contractor. Some landlords may raise the rent at
a later date to recoup the discount so it is
worth talking with the landlord about future rent
projections before taking the deal.
5http//www.dicksongeneralcontractors.com/
Dickson General Construction 451 cavesson st,
Kanata, Stittsville Ontario K2S1Y4 (613)
252-0620 rckieu_at_yahoo.com