Commercial rent is charged on (x) dollars per sqm... p.a rate....plus outgoings.
Is it based on the property value at 10%?? NO..... not really but that can sometimes be a guide.
How to charge??.......Find out what other sized property in the area is rented out for per sqm and use the same formula.
U will always get higher per sqm rent if you value add....ie.....redevelop the property to suit the new lessee....good idea if you can get say a 5x5 lease in place.
200sqm shop at $100sqm = $20,000 p.a....then add 10% for GST
As far as rates etc....the name used is "outgoings"
All to be paid for by the lessee... not the landlord
Thats the beauty of commercial property
Council rates Electricity Gas Water rates
All paid by the renter
Maintenance.....this is "generally" paid by the landlord but best to get a commercial property solicitor who can guide you as all property is different and unique, not one model for all so to speak.
