Dayals Real Estate Limited Blog

4 kinds of leases you probably don’t know about

7/26/2018

Commercial property is the type or division of property that is used only for commercial purposes. These are the properties that are leased out to commercial entities and are not used as apartments or living spaces. These ranges from large gas stations, spacious buildings for offices, shopping centers, hotels and so much more. In this article, we shall look into what Commercial Real Estate is.

What exactly is Commercial Real Estate?

There are 3 main types of real estate: Residential, Industrial and Commercial. For the purpose of this article, we shall talk about Commercial Real Estate only. Residential Real Estate means properties that are used for the purpose of living, while Industrial Real Estate means properties that are engaged in the practice of production and manufacturing. When it comes to Commercial Real Estate, it means properties that are occupied by business and commercial entities that seek to earn profits from the buying and selling of goods and services. It can also refers to the practice of collecting rent from properties as a proprietor. The rent can be monthly, quarterly or yearly.

Leases

If you are the proprietor of a property, then you lease out your property to tenants in return of money. For you it is a lease, while for them it is a rent. This is why the tenants say that they need to pay rent every month. Now, leases can continue for 1 year or 10 years, as decided by the property owner and as agreed by the tenants. If you have a large property in a central location, the lease period shall be longer while the sum of money to be paid each month shall be larger. Longer leases produce more security especially when it comes to credit tenants. Shorter leases offer a lot of flexibility to adjusting when it comes to paying of rent, and this is popular among the people naturally.

Now, there are 4 main types of commercial property leases. Each of these can be said to be a level, each of which means a different responsibility for the tenant and the proprietor.

The Single Net Lease- This variation makes the tenant legally responsible for the payment of property taxes.
The Double Net Lease or the NN- This makes the tenant legally responsible for the payment of insurance and property taxes.
The Triple Net Lease or the NNN- This is the type in which the tenant is legally responsible for the payment of insurance, property taxes and maintenance.
Gross Lease- Under this kind of lease, the tenant is only expected to pay the rent. The property owner himself pays for the rest. This is therefore the most basic kind of lease and is the most common, especially when it comes to small properties.

Thus, in this article you have seen what Commercial Real Estate is, what is a lease and of how many kinds of lease there are.

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Fruit and Veggie Business

1/14/2018

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Are you loving fruit and veggies? If so it is no harder to run a retail fruit and veggie business than any other convenience shop.
A small team of husband and wife can easily run the business as one goes to do all the buying after presenting the store and the other serves the customers. People often don't realize that a retail fruit and veggie shop often has a higher gross profit margin as compared to lot of other retail business and of course it comes with a lower risk factors as it is less targeted by robbers as it usually carries no cigarettes.
Yes it does have perishable items, but a careful stock assessment as compared to customer base, shop performance and target market will solve the problem of expired stock.
Are you motivated full of energy and an enthusiastic person?. You can easily step into a fruit and veggie business.Call me 0212766223 or email [email protected].

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Valuable Tips on Buying the commercial property

1/12/2018

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Auckland is the huge place and you can buy the business for sale that is easily available in the market. You can gain maximum profit by buying a business as it is. You can also make sure that you do not make the purchase in vain and therefore, you will have to make the choice properly. When you make the investment in the Commercial property in Auckland, you will have to make that it doesn’t go in vain. That is the reason why you should always keep these things in mind before investing in a property.

Diversity customer: You will have to make sure that you diversify the customer base. If you are pining for one to two customers, there are chances that your prospect will not be very attractive to many people and therefore, you will have to make sure that you get the best and top quality deals in the area.
Get the valuation done: When you opt to buy a Commercial property for sale in Auckland you need to be aware that the valuation of the business should be done in the first place. Valuation depends on the location of the property and the profit that it might bring to you. It also depends on the products and goods that are available along with it.
Hire a professional auditor: you need to keep professional experts to get the proper evaluation done. There are chances that the evaluation you do for yourself will always be the best but there might be some flaws and that is where the importance of the ace auditor comes in.
Get Help from your team: Always remember that your team knows you the best and therefore, you will have to take their advice before you opt to buy a commercial property in Auckland.

To conclude, it can be said that there are several properties that are available in the market but Madhu Dayal brings you the top properties that can guarantee the maximum profit. You can make your choice from the wine shop to minim supermarket and from marshmallow shop to fruits and veggie shop. You name it and you have it at Dayal Real Estate Ltd. Get the business that your expertise in and which can help you get the maximum profit.

Summary: Here we discussed the benefits of buying the business for sale in Auckland. There are certain things that you need to be aware of when it comes to getting the proper evaluation of the property that you want to buy.

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