Letting your property should be undertaken by appointing a letting agent to represent you. There will be a fee should you appoint an agent to assist in letting but this could be money well spent if you are not experienced in letting property under a lease.
Your commercial property should reflect similar rental prices to comparable properties being let in your area. Search on MOVEHUT for similar properties in your area and see the results of the comparisons. You should consult your appointed commercial estate agent in order to obtain an accurate property appraisal for your commercial property.
They will advise on rental value on a per square foot or meter basis. These rental values may affect your property valuation.
It is highly recommended that you choose a commercial letting agent who is a member of an accredited trade body such as Ombudsman for Estate Agents (OEA) scheme, National Association of Estate Agents (NAEA) and Royal Institution of Chartered Surveyors (RICS). Accredited agents carry professional indemnity insurance, which may provide you with compensation, should you receive negligent advice.
Health and Safety Considerations for Tenants
Marketing Your Commercial Property to Tenants