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Hi, my company is looking to rent a B1 light industrial bare unit and carrying out quite an extensive renovation work. Is it possible to include in the contract with the landlord for a takeover fee in the future when our tenancy ends and another tenant take over the rental?
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2 Answers

Silvia Chua
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Hello
The takeover will only be bare by the new tenant if the new tenant is keen on your reno style
There is no reason for the landlord for the landlord to restrict himeself to the a certain design cause all he want is a new tenant in future when you are leaving.

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Silvia Chua
ERA Realty Network Pte Ltd Read More
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Geryl Lim
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Most commercial or industrial rentals will require the tenants to reinstate the units back to its original conditions prior to handing over back to the landlord. If your company has intentions to carry out such renovations, then it could be better to consider purchasing the property instead. Read More
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