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Northumberland Realty (1987) Ltd.

OFFICE SPACE for lease or sale

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Much as many people have taken to working from home and having their office in a spare bedroom, there are still many situations where it is appropriate to have a commercial office. If you have clients who visit you or you are hiring local people to work for you or you just need the exposure to gain more clients, then having a visible office in a commercial zone would be more ideal than working from home.

Commercial office space is availanble for sale or lease. Purchasing usually means buying a whole office building. Sometimes these buildings may be office only but in some cases they will have apartments on the upper floor(s). If you are looking for a smaller amount of space and a smaller financial commitment, then you will be looking at rented/leased space. You can lease single offices or office suites. You can also lease smaller building in their entirety, should you need a larger space but not want or be able to purchase.

Should you be interested in purchasing an office building, be aware that these are commercial mortgages and are more complex and difficult to secure.

If you are planning to lease, most commercial leases  are based on a net lease.  This means that you will  pay an agreed upon price per square foot as well as a common areas fee,  which is a prorated portion of the landlord’s  expenses based on the portion of the building you occupy.