Wondering how to rent your property to franchise? Being a commercial property owner, I can say that a franchise can rent your space. However, your property must adhere to the precise specifications and criteria established by the franchisor in order to be rented to businesses. It's critical to negotiate parameters that support the franchise's operational requirements as well as your interests.
How Did I Rent My Space to Franchise?
I rented my space to a small company through
NoBroker. I just had to add a few basic details about my property, like:
Property type (office building, warehouse, etc.)
Type of Building: Standalone, Business Park, Mall
Super Built-Up Area
Information about the floor, such as the third floor out of seven, the basement out of two, etc.
Condition of furnishings (totally equipped, plug and play, etc.)
The commercial building's age
Location details (name of the street, location of a landmark, and map position)
After entering the fundamental details about my commercial property, I also put forward my rental expectations towards potential franchisees. I had to enter other details like;
Rent Deposit
Expected Rent
Lease Length and Lock-in Time
When the property is available and for what use (restaurant, retail, office, etc.)
Included images and videos of my property
The amenities of my property, such as parking, security, and power backup.
Most reputable franchises search online for ideal locations to lease. As I included all the necessary details and high-quality images and videos, my property drew the attention, and I was able to rent it out to a franchise.
Read More:
How to give shop on rent for ATM installation?
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With the rapid growth of Digital India, most people have shifted to online shopping. In order to meet the demands, the franchises also look out for several properties, warehouses, or spaces to store their goods. You will get a lot of articles discussing
how to give shop on rent to franchise and I had read a lot of them. However, if you want a simple and easy answer, I can help you out.
Post your commercial property for free here and get tenants easily
Check out NoBroker Commercial Owner Plans and get end to end assistance in finding the right tenantHow to rent property to franchise India?
Even a decade back people used to post an advertisement in newspapers mentioning that their property is available for sale or rent. Pamphlets were sometimes used as well but they cost quite a sum of money and do not guarantee tenants as well. But now, in digital India, you can use several platforms to post property details. When we had to rent our warehouse, we searched for real estate platforms and came across NoBroker. They do not charge any fee for posting property details so this will be a good choice. Other platforms where you can post details are Facebook, Instagram, 99Acres, MagicBricks and more.
Providing what details can bring relevant leads and tenants for your property?Posting basic information like
Property available for rentis not going to bring customers. I would suggest you post as many details as you can like:
Location and roads connecting the property
What amenities can the tenants get in that property
Why it will be a great choice for a franchise to rent your property
Maintenance cost that needs to be paid
Picture of the entire space and surroundings
Contact details
Try to write the rent price a bit higher and state- negotiable. People do fall for such tricks
I hope this has helped you to understand
how to give shop on rent to franchise.
Read More:How to give my shop on rent to Amazon or Myntra?
How to give Pagdi system shop on rent?
How to maximise the rental value of a property?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
How to Give Shop on Rent to Franchise?
Kathakali
153 Views
2 Answers
1 Year
2022-12-29T21:34:29+00:00 2024-04-05T12:51:03+00:00Comment
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