Commercials for Rent in Mubarak Al Kabeer Governorate (13 Ads)
About Mubarak Al-Kabeer Governorate
Mubarak Al-Kabeer Governorate is a newly established Kuwaiti governorate in 1999, and it contains the least number of areas compared to other governorates. It was named in relation to Sheikh Mubarak Al-Sabah (he was called the Lion of the Island and Mubarak the Great), who is the seventh ruler of the State of Kuwait.
Mubarak Al-Kabeer Governorate is considered small compared to the rest of Kuwait’s governorates, and it contains 12 areas, most of them are close to the sea: Abu Al-Hasania, Abu Fatira, West of Abu Fatira Al-Herafia - Aswaq Al-Qurain, Adan, Funaitees, Qurain, Qosour, Masayel, Messila, Sabah Al-Salem, Sabhan Industrial, Mubarak Al-Kabeer
Information About the Commercials Listed for Rent in Mubarak Al-Kabeer Governorate
Search now for commercial properties for rent in Mubarak Al-Kabeer Governorate such as: offices, shops, stores, commercial floors, industrial lands. Business owners, initiators, companies and institutions can search on the website and application of Boshamlan, the real estate finder, for commercial offices or shops for rent, and communicate directly with the owner or broker (the real estate agency) through calling or messaging via WhatsApp, and Boshamlan does not take any commission for this. Rental prices vary per meter in Mubarak Al-Kabeer Governorate according to the area of the property, its location, permitted commercial activity, level of finishing, and services available in the building such as maintenance services, 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 is not an exception. That is why there are more commercial real estate 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. Make sure he will get paid. It should be noted that the standard wage 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.