16 ads Commercial & Retail Properties to Rent in Bolton, Manchester

What should I check before signing a commercial lease in Bolton?

Before committing to a commercial property lease, thoroughly inspect the premises for any existing damage or required repairs. Engage a solicitor to review the lease agreement, paying close attention to clauses regarding rent reviews, break clauses, repair obligations, and permitted uses. Verify that the property has the necessary planning permissions for your intended business operations. Also, consider commissioning a building survey to identify any potential structural issues.

What are the typical costs involved in renting a commercial property in Bolton, besides the rent?

Beyond the monthly rent, budget for additional expenses such as business rates (payable to the local council), service charges (covering maintenance of common areas), utilities (electricity, gas, water), insurance (building and contents), and legal fees associated with the lease agreement. You may also need to factor in costs for dilapidations at the end of the lease, which cover any necessary repairs to return the property to its original condition.

What are the legal requirements for commercial properties in Bolton regarding accessibility?

Commercial properties in Bolton must comply with the Equality Act 2010, which requires reasonable adjustments to be made to ensure accessibility for disabled individuals. This may include providing ramps, accessible toilets, and appropriate signage. Failure to comply with these regulations can result in legal action. Consult with a building surveyor or accessibility expert to assess your property's compliance.

What factors should I consider when choosing a location for my commercial property in Bolton?

Consider factors such as proximity to your target market, transport links (public transport and road access), parking availability, visibility, and the presence of complementary businesses. Research the local area to understand the demographics, competition, and any planned developments that may impact your business. Also, consider the security of the location and the potential for anti-social behaviour.

What are business rates and how are they calculated for commercial properties in Bolton?

Business rates are a tax on non-domestic properties, such as shops, offices, and warehouses. They are calculated based on the rateable value of the property, which is an estimate of its open market rental value. The rateable value is multiplied by a 'multiplier' set by the government to determine the annual business rates bill. You can find the rateable value of a property on the Valuation Office Agency (VOA) website. You may be eligible for business rates relief depending on the size and type of your business.