Finding premises

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It is not always easy to find suitable premises. One tip is to search the Internet for vacant premises or look in the local paper where you will be operating.

It may also be a good idea to contact the local trade and industry office. The municipal property company may have suitable premises for you. When you have found premises you would like to rent, read the rental contract carefully. You need to know what the rent includes and the period of notice. The premises must also meet requirements imposed by the authorities. These vary according to the type of business. Planning permission may be required for a change in use of the premises.

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Insure the premises

Contact the landlord if you want to make changes to the premises. Find out whether the landlord is willing to bear the costs of renovation. Also contact an insurance company and find out if they have any requirements regarding the premises before insuring them.

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Typical features of a rental contract

  • There is normally a defined contractual period, such as three years.
  • The period of notice is long (normally nine months).
  • If the contract is not terminated, it is often renewed for a further three-year period.
  • The rent is often price-indexed over the contractual period.
  • The rent may be based on other criteria, such as the company's sales.

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