Rent of non-residential premises and its calculation

Usually for an office location, store or warehouse is easier and cheaper to rent non-residential premises, not to buy real estate. The rent is paid for the use of the premises. The rent depends on the value of the object, which is largely determined by its area and location. Therefore, it is very important to value any property. The ideal case is an independent appraisal and introduction of value into the contract. When conducting an assessment, it must be taken into account, where exactly the property is located and its provision with various communications.

Rental fees may:

• be entered at different intervals (stipulated in the contract);
• can be paid according to the payment schedule (it is usually attached to the contract);
• remain unchanged (if the schedule is not drawn up);
• with long-term contracts, rent, usually, periodically reviewed and approved by both parties (the impact of inflation).

The agreement between the subjects is concluded for a period of less than 3 years old (according to the legislation of Ukraine), if the specified period is exceeded, registration with a notary is required. Upon fulfillment of all the conditions of the concluded contract, it can be extended in the future.

Sometimes a clause is made in the agreement about the possibility of the subsequent repurchase of real estate. In this case, it is necessary to enter the conditions of redemption. On account of payment for the acquired property, usually, the amount is already included, previously paid by the tenant when paying the rent.

Calculation of the cost of renting non-residential premises

The calculation of the cost of renting non-residential premises is carried out on the basis of the legislation of Ukraine on the lease of communal and state property. The rent does not legally include the cost of maintaining the leased object, also does not include payment for services, provided under the terms of the agreement to the lessee.

The calculation is carried out in the following sequence:

• the amount of the fee is determined for the year (the calculation is carried out taking into account the cost of the rented object according to expert assessment and the percentage rate, which depends on the use);
• based on an annual lease, the amount of payment for the base month is set, the size is fixed in the contract;
• the payment for the remaining months is calculated taking into account the base monthly rental rate;
• further, an adjustment is made for each next month, taking into account inflation.

If the room is part of a building, then the cost estimate can be carried out both directly for the premises itself, and taking into account the cost of the building, in which it is located. When calculating taking into account the assessment of the building, the area occupied by the room is taken into account (sq), and the area of ​​the building itself. If the lease is for a short period, then based on the amount of the monthly fee, an hourly or daily fee is calculated.

Rent indexation is usually carried out once a year at a time, contractually agreed. It depends on annual inflation index in the country. Minimum cost rental of non-residential premises depends on many components. In each case, the amount and procedure for calculating rates are determined individually. The annual rent can be even 1 UAH for organizations, which are supported by the state budget or local budget.

Assistance in conducting a real estate transaction

It is difficult to make a deal on your own, it will take knowledge of the market offers and a lot of time for registration, as well as knowledge of the legal intricacies of the process.

During the transaction, only a professional realtor can provide qualified assistance to both parties.. You can contact us for help. Agency more 15 years of experience in the real estate market, providing services of the highest quality to entrepreneurs and legal entities. Agency specialists not only select objects, taking into account the wishes of customers - partners in the transaction, but also accompany transactions at all stages, conducting additional consultations with clients.