The Society of Chartered Surveyors Ireland and Dublin Chamber of Commerce have teamed-up to produce a comprehensive guide to buying or renting a property for SMEs.
The new guide, entitled A Guide to Property for SMEs, was launched today at the Dublin Chamber of Commerce offices in Clare Street. The 48-page guide includes a comprehensive overview of what firms need to know in relation to their business premises including negotiating leases, rent reviews, commercial rates and service charges.
Pauline Daly, President of the Society of Chartered Surveyors Ireland (SCSI) said: “The new SCSI/Dublin Chamber of Commerce guide is intended to serve as a ‘one stop shop’ for SMEs seeking to understand their rights and responsibilities in relation to commercial property. SMEs are crucial for the economy accounting for almost 70% of employment. Property costs – such as rent and commercial rates – are some of the most significant expenses incurred by SMEs and we hope that this new guide will equip SMEs with the knowledge and tools to assist them in maintaining and improving their competitiveness.”
The guide offers advice on all aspects of property, from deciding whether to buy or lease, to finding the right premises and carrying out building surveys. Other chapters consider the importance of valuations and property insurance, planning permission and sub-letting.
According to Gina Quin, CEO Dublin Chamber: “Buying or renting a property can be an intimidating process for an SME. We are delighted to partner with the Society of Chartered Surveyors Ireland to produce this guide, which we hope will remove much of the complexity and uncertainty for companies when purchasing, leasing, maintaining or extending a property. SMEs are the engine room of the Irish economy and key contributors to growth and employment. The advice in this guide will help ease one common headache for small and medium sized firms and allow business owners to spend more time focusing on what really matters – growing their business, making a profit and creating jobs.”
The Guide featured in today’s Irish Times and is available by clicking here.