For most businesses, it makes better sense to lease an office
space rather than to acquire one. Part of the reason has to do with
flexibility - a growing business will soon find itself outgrowing
an existing office space; the other has to do with the prohibitive
cost of acquisition of an office space. This article discusses the
various nuances of negotiating a lease for a commercial office
space.
Lease areas: Typically, the leased area in an
office complex is given as a super built-up area. Super built-up
area includes the actual useable area within the leased space, the
thickness of the walls, and the proportionate space of the common
areas of the building. This is so because the lessee would have
access not only to its immediate office space, but also to the
common areas of the building (jointly with the other occupants).
The actual area that is exclusive to the lessee and that can be
used by the lessee is called the carpet area. It is advisable to
seek details
