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Industrial unit to let

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  • 11-01-2015 5:01pm
    #1
    Thespoofer
    Registered Users Posts: 1,053 ✭✭✭


    There's an old industrial unit to let not too far from me. It hasn't been let in a few years and is part of a mixed use of businesses.
    I think it has potential for what I have in mind. The rent is asking approx €600/month and I spoke to the agent and he reckons it need about 4-5 k of work done as it is lying idle so long.
    My question is, if I were to take it on and turn it in to a nice little business what protection would I have in regards to the landlord rising the rent as they see it doing well.
    Also what is the standard agreement with regards to contract, is it normally year on year or what. And finally what hidden pitfalls would I need to watch out for ( maintenance costs paid by tenant ? Etc )

    Thanks

    PS. If their asking for €600/month would a lowball offer be the norm ?
    Thanks again


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