My business is looking for a new space. What is the downside to subleasing?

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Posted: 04.15.2008 09:58 PM

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adb1

A sublease is a great alternative. You can find shorter term deals, the lease rates tend to be cheaper and often there is furniture/equipment included. The trade-off is that the space is typically offered on an "as-is" basis. There is also some added risk with regard to the lease. As a subtenant you rely on the sublandlord to perform in accordance with their master lease obligations with the landlord. The most common default is their failure to pay rent.

04.15.2008 10:44 PM

HenriCousine

You can get a great deal if you sublease space as long as you take the place as is.Be sure you know the market.
It can be right for a company looking for a short time lease ex 2-3 years.
Don't expect any collaboration from the landlord though.He has no advantage, he already has a tenant that pays the rent and doesn't use the services like elevators, toilets, common areas.
WWW.SUBLEASE-OFFICE-SPACE.COM
Ask for the list of office space for sublease in Montreal
Henri Cousineau
Chartered Real Estate Broker
514.839.0608

07.30.2008 07:35 AM

jonelder

Making sure the Sublessor's business is financially viable is always prudent as the Landlord in many leases can go after the Subtenant if the Sublessor defaults on the lease. We have a few subleases availalbe with stong Sublessor's depending on where you are geographically focused.

11.11.2008 09:00 PM