What does a commercial real estate agent do when letting?
I find the right tenant for your retail, hospitality, office or practice space and arrange everything around it: the rent, the presentation and listing on funda in business, the viewings, screening the tenant, the negotiation, the lease and the delivery. You decide, I do the work.
What does a commercial agent cost with you?
€495 excl. VAT at the start, for the photos, the brochure with impressions and the listing on funda in business. Once the lease is signed, you pay 10% of the first year's rent excl. VAT, with a minimum of €3,000 excl. VAT. If we can't find a tenant, it stays at the €495.
How do you set the rent?
I look at what comparable spaces nearby earn, at the condition of your space and at what you are allowed to do there under the zoning plan (omgevingsplan). Then we set the rent together. Not an attractive figure to win the assignment, but a price that attracts the right business owner to your space.
What is the difference between retail or hospitality space and office space?
Under Dutch law the difference is big. A shop, restaurant or craft business with a space where customers walk in is called 290 business space. The tenant then has a lot of protection: a lease usually runs for five years plus another five, and the rent can be reviewed after a while. Offices and most practice spaces fall under 230a. There the tenant has only limited protection against eviction and you agree the term yourselves. I find out in advance which rules apply to your space.
Does VAT have to be charged on the rent?
Normally not: letting commercial property is exempt from VAT. You can choose together with the tenant to let with VAT, but only if the tenant's own business is almost entirely subject to VAT. A physiotherapist or dentist, for example, usually isn't. If you let with VAT, you as the owner can reclaim the VAT on a renovation, for example. If the tenant later uses the space less for VAT-taxed work, the choice lapses and you may have to pay back the VAT you deducted. We discuss in advance what works out best for you.
What is in the lease?
I work with the ROZ models (the Dutch real estate council), which are the most widely used for commercial property: one for retail and hospitality space and one for office space. In them we set out, among other things, the term, the annual indexation, the service charges, the delivery level and the use of the space. Good to know: an office building of 100 m² or more must have at least energy label C, otherwise it may not be used as an office. That rule does not apply to monuments and a few other situations. Whether it applies to your property, I check beforehand.
How much security do you ask of a tenant?
Usually a bank guarantee or deposit of three months' rent, including VAT and service charges. I also look at the Chamber of Commerce (KvK) extract, the business plan and the figures or a forecast, and I have a real conversation with the business owner. Only after that do you get my advice.
How long does it take before my space is let?
That depends on the location, the price and the type of space, and with commercial property it is harder to predict than with homes. After the introduction we plan the photo shoot and put your space online as soon as possible. I'll tell you honestly how the market looks for your space in our first conversation.
Can I let commercial space as a private individual?
Yes, you don't need a company for that. There are a few choices you need to make carefully in advance, such as letting with or without VAT. I explain those in plain language, so you know what you're getting into.
There's still a tenant in it. Can you already start?
Yes, and that's actually smart: the sooner we start, the shorter the vacancy. In consultation with the current tenant we plan the viewings, and if you want, we do it discreetly, without a sign on the facade.
Can you also sell my commercial property?
Yes. Whether your property is empty or let, I set the asking price with you, show what is possible and guide you through to the notary. We agree the fee after the introduction, in advance and in writing.
I'm looking for a space myself. Can you help?
The commercial spaces I am currently letting or selling are in our listings. If nothing there fits, feel free to call or message me.