Commercials for Rent in Rai (13 Ads)
About Rai
Rai is a Kuwaiti commercial area affiliated to Al-Farwaniya Governorate. Rai means in Arabic language the process of supplying the soil with water for agricultural uses previously, but today it is a modern commercial and industrial area, and it contains 6 blocks and the largest shopping mall in Kuwait, which is the Avenues mall, is located in it, as well as the Friday market, and other markets and shops.
Information About the Commercials Listed for Rent in Rai
Search now for commercial properties for rent in Rai, such as: offices, shops, warehouses, commercial floors, industrial lands...etc. Or you can expand your search to include commercial properties offered for rent in all areas of Kuwait. Business owners, entrepreneurs, companies and institutions can search on Boshamlan real estate website and app for commercial agencies or shops for rent, and communicate directly with the owner or broker (the real estate agency) by calling or messaging via WhatsApp, and Boshamlan does not take any commission for this. The prices for renting a commercial meter in Rai vary according to the area of the property, its location, the permitted commercial activity, the level of finishing, and the services available in the building, such as maintenance services, the availability of bathrooms, their cleanliness, car parking availability, and security.
Unfortunately, in Kuwait we suffer from a lack of real estate supply in general and commercial real estate in particular, and for this reason there are more commercial properties offered for rent than those offered for purchase, and this allows more options for the business owner to choose the property that suits him without incurring the cost of buying it, and gives him greater flexibility without a long-term commitment, He can rent another, larger property, or move to another area in the future. Many people prefer renting commercial real estate instead of buying it, because it provides cash for the company, and then investing this cash in the productive commercial operations of the project instead of freezing it in commercial real estate. Renting the property also helps the business owner to focus his attention on the work rather than being preoccupied with property management matters.
There are some tips that must be taken into consideration when renting a commercial property:
- Commercial activity is permitted in accordance with the requirements of the municipality, Kuwait Fire Force, the Ministry of Electricity and other concerned authorities in Kuwait.
- Review the work start date and if there is a grace period.
- Review the conditions for terminating the contract and the notice period in case one of the parties so desires.
- Make sure that there are no expenses due on the shop, such as phone bills, and whether they are included in the rental value.
- Determine maintenance responsibilities such as maintaining the elevator and building facilities.
- Ensure the availability of services such as cleaning the building, bathrooms and security man (guard).
- Note that many lease contracts stipulate that if any improvements are made to the property by the tenant, it will become the property of the owner at the end of the lease.
- Recording and documenting a clear and understandable lease contract for all parties.
- Review the property documents for the property owner.
- If you are dealing with a real estate agency or a broker, make sure that the person you are dealing with is licensed by the relevant authorities. keep in mind that he will get paid, noting that the standard rent in lease contracts is equivalent to half of the rent for a full month.
- Make sure that part of the electricity, water and maintenance costs and who bears the costs according to the lease contract are clear.