![]() ![]() Tip Number 3: Use someone that specializes in restaurants to help you if you are leasing an empty restaurant space, especially if it is new construction. Your representative should understand commercial rental agreements and be an expert in how to understand landlord math when leasing a restaurant. Tip Number 2: The person on the restaurant space for lease sign in the window does not represent you. ![]() You need someone like a restaurant broker to review the business terms of the lease including how you exit and how you assign it. Attorneys typically only look at the legal terms. Tip Number 1: Assume the lease will be favorable only to the landlord and make sure you have both an attorney and another trusted resource review any document you sign on a restaurant space for lease. Here are some quick tips on leasing a restaurant available at this link that help you avoid disaster. The landlord (or his leasing agent) has done these hundreds of times. We never recommend negotiating a lease on your own with a landlord for any restaurant space for lease. ![]() These will ensure that if the lessor/lessee relationship ends in a breakup, you have planned for the biggest issues in advance. Here are five of the most common mistakes (or blunders) you can make in leasing a restaurant. Both parties go in with the best of intentions and there’s a lot of love on both sides. That's not easy to see when you begin looking at restaurant space for lease but a landlord-tenant relationship shares a lot in common with a marriage. Renting an unoccupied restaurant space for lease may seem like an easy thing to do but we warn all restaurant buyers that in any negotiation, the landlord is not your friend. ![]()
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