When you rent commercial property to be used as office space, your prospective landlord will refer to terms such as rented square meters and usable square meters when referring to the rental price. Unlike having a single rent figure, these square calculations are used to determine how much you will pay for your office space.
In the same discussion, total area costs will also appear. Commercial tenants not only have to pay for the space they use alone, but also share the costs of maintaining common areas with other tenants. At first, the calculations can be a bit intimidating, but with the correct background information and a good representative on your side, you can quickly find out the details.
What is the usable area?
When you want to calculate suitable square feet, this will be a figure related to the amount of space you actively use. For example, the area used square. Feet is the square label of your only office in an office building if you rent office space of this type.
What is removable square frames?
Leased square feet are the amount of space your office will include, as well as toilets, wardrobes, and other rooms.
What is a common factor?
The total area ratio is the amount of space shared by all office tenants. This will include bathrooms, closets, lobbies, copy rooms and other general sections of the office building. There are two main types: floor and built-up area. The total floor area is the total area of the premises for tenants located on your floor, and the total area of the building is the part that everyone within the building has. These two digits are summed up to a total area total ratio.
How to add all this?
Calculating square feet can be difficult for new office tenants, but tenant representatives are well versed in these types of calculations and are happy to help you figure out numbers easily. The main calculation is a rented square meter = useful square label x (1 +% addition). The additional percentage can be calculated as follows: rented square meters / usable square meters are 1. The additional percentage is sometimes replaced by a percentage of the total area, and you can determine what percentage your potential landlord uses by simply requesting with them,
These factors show that rent for commercial real estate is much more than just a flat figure. There are various calculations that come into the definition of a commercial lease of office space, and these numbers will determine how much you pay for the office space you use, as well as the common premises that you share with other tenants. Understanding these numbers is much easier to do when you have a tenant representative with you for any negotiations. A representative of your tenant will explain these factors in a layman’s setting and help you resolve any issues that may arise along the way.
