Is Land for lease a better option to start a new business? For someone who is new and inexperienced, it might seem odd to build a business on the land which is not owned by the business owner. A property can be leased for a number of years, some as long as 50 – 100 years if need be. Leasing is a very common practice adopted by many business owners around the world and there are many reasons also why land lease is advantageous for the business owners.
Land with good frontage and exposure to high traffic areas are very advantageous for leasing. We can see big retailers like KFC, Mc Donald’s, and Starbucks etc are benefiting by having their business in their desired localities and mostly 10/10 the land on which they are doing the business is leased. On the other hand business owners don`t have to come up with the upfront capital to purchase this high traffic, well-situated lots of land. So this is another advantage that tenants/clients don`t have to use their cash or monetary resources for land purchasing and this cash can be kept as an investment for the other uses.
Landowners also have certain benefits to leasing their land, while still owning the land they can enjoy a steady cash flow as their income. And usually the lease documents have escalation clauses which mean with the expiry of a certain period of time they are able to increase the lease rates. So it’s a win-win situation for both parties.
Commercial building space for lease in Toronto has been made easy by DANCOR. We make the job easy of selecting the land which meets the goal of the property which you are leasing.