22 ads Commercial & Retail Properties to Rent in Watford, Hertfordshire

What should I consider when choosing a commercial property to rent in Watford?

Consider factors such as location and accessibility for your customers and employees, the size and layout of the property to ensure it meets your business needs, the condition of the property and any necessary repairs or renovations, and the terms of the lease agreement, including rent, duration, and break clauses. Check local council planning regulations to ensure your business type is permitted at the location.

What are the typical costs associated with renting a commercial property in Watford besides the rent?

In addition to rent, budget for business rates (contact Watford Borough Council for details), service charges (if applicable), utilities (electricity, gas, water), insurance (building and contents), legal fees for reviewing the lease, and potential costs for fitting out the property to suit your business needs. Also, be prepared for a deposit, which is often equivalent to several months' rent.

What legal checks should I perform before signing a commercial lease in Watford?

Engage a solicitor to conduct thorough due diligence. This includes checking the landlord's title to the property, ensuring the property has the necessary planning permissions for your intended use, reviewing the lease agreement carefully, and understanding your obligations regarding repairs, maintenance, and insurance. Also, check for any restrictive covenants that might affect your business.

What should I look for during a property viewing of a commercial space in Watford?

Assess the overall condition of the building, including the roof, walls, and windows. Check the functionality of essential services like heating, ventilation, and air conditioning (HVAC). Examine the electrical and plumbing systems. Consider the suitability of the layout for your business operations and the availability of parking or public transport access. Also, check for any signs of damp or pest infestation.

What are the key terms to negotiate in a commercial lease agreement in Watford?

Negotiate the rent, rent review periods, and any rent-free periods. Discuss the length of the lease term and the inclusion of break clauses that allow you to terminate the lease early under certain conditions. Clarify responsibilities for repairs and maintenance, and ensure the lease adequately addresses issues such as insurance, service charges, and permitted use of the property. Seek professional legal advice on all terms before signing.