If you have a business property in Bristol to let out, perhaps on a trading estate, then you will want to make sure that the Bristol letting agent you choose is the right one for you. Let us give you a few tips and tricks!
Do they deal with Bristol business letting?
Most letting agents in Bristol only deal with residential property. If you handed them a business property and asked them to let it out on your behalf, there is chance that they would not really know what to do with it. Obviously, when you are choosing a letting agent for a business, you want to know that they are letting it properly. This means that you should only working with a letting agent in Bristol that has experience with business property. Here are some of the main reasons:
- If they have experience with a business property, it means that they are more likely to understand the market. Businesses are very cost-sensitive. You need to ensure that you are renting the property out at a competitive rate. You do not want the rent to be too low as you will be leaving money on the table. You also do not want it to be too high or you will be kissing goodbye to long periods of rental. An experienced rental company in Bristol will know the right price to charge.
- The company that you select will likely have business clients lined up already who may be interested in renting the property that you have. This will help to ensure maximum occupancy.
We would never advocate that you choose a letting agent that is new to the industry. They have yet to prove themselves. You want a letting agent that has a good amount of experience under their belt. If you want to make money in the letting game, you need to be renting out property. It is as simple as that. When a company has been in the business for a while, it demonstrates that they are able to consistently let out property and have managed to keep the money flowing in. This is exactly what you want to happen!
Talk to the letting agent in Bristol
Before you tie yourself into any contract with a letting agent in Bristol, it is so important that you talk to them. During these talks, you can ask any question that you want. Here are a few ideas that you can throw their way:
- Talk to them about the vetting process. We can’t stress how important this is. It is important that you choose a letting agent that is able to rent out your property to the right people. You do not want tenants leaving in the middle of their tenancy agreement. You do not want tenants who are not going to pay their rent on time.
- Talk to the letting agent about how they will deal with repairs to the property.