@luan_boshoff Two months' final-year gross rental is the normal market benchmark for a clean 3-year commercial lease if your company can show 2 years of audited/reviewed financials. Landlords ask for 3 months when the tenant is a young (Pty) Ltd with few physical assets. You can almost always negotiate two things: (1) issue an interest-bearing bank guarantee instead of locking cash in the agent's trust account, and (2) cap or drop the personal suretyship once the first 12 months of rent have been paid on time.
Post
Sign in to reply.