IS YOUR LEASE EXPIRING?
(IMPORTANT INFO FOR TENANTS)
Do you know you have several options when current lease of your Industrial & Commercial space is coming to an end?
When current Lease tenure of Office, Factory, Shop, Warehouse is near to Lease expiry date, A tenant has to make preparation to Return (or Yield up) the premises to Landlord as Obligation in Lease agreement.
What are your Options?
1. Find a prospective tenant to Takeover your premises at current condition.
2. Reinstate to Bare or “as is where is” condition (as stated by landlord)
3. Engage professional help to find amicable solution to exit and save cost.
(NOTE DOUBLE RENT CAN BE CHARGED FOR ANY PERIOD THAT A TENANT OCCUPIED BEYOND LEASE EXPIRY DATE, UNDER THE LAW/ CONTRACTUAL OBLIGATION) .
Our team has track record in engaging Corporate Landlords and recommend Commercially viable solution to save Cost, Time and avoid pitfalls.
For more info about:
a. Finding a New Tenant to takeover current premises
b. Estimated Cost of Reinstatement of your premise
c. Setting a timeline, your Rights & Obligation to Landlord
Contact/ Whatsapp us:
Adrian.koh@corporatevisions.com.sg or +65 96881177
Ronn.chee @corporatevisions.com.sg + 65 96858829
Drop us an email us to receive a detailed information:
“Preparation Planning Before your Lease expire”
