I am in the process of looking for a retail space to open up a studio space in Kingsburg. My dilema? Trying to find a space that is within the price range of a start up business that won’t require me to sign my life away for five years.
Today I talked to someone with 1100 square feet. Comes ready to move in except for paint and floor covering. Granted it is in new construction, but they want 1.65/sq. ft for rent and .35/sq ft. for maintenance. They also would require me to sign my life away for 5 years. And if the business struggles? Too bad, I’m on the hook for 5 years…their suggestion was that I could then sub lease the space. So….1100 sq ft. = $2200/month for five years…..ooo, wait I forgot the 3% included annual increase.
Another location is just shy of 900 square feet. Again, new construction. They are asking 2.00/sq. ft + .50/sq ft maintenance. They want me to sign my life away for three years. So 900 sq. ft = $2250/month for Three years.
I had been looking into a place downtown that quoted me .45-.65/sq ft. It would be close to down town. People could walk by and see the portrait samples in the window. I got word yesterday that they are not doing anything with that building anytime soon and that I should look somewhere else.
I am going tomorrow to go look at a little place. I’m excited but nervous at the same time. I’m afraid it might be too small. But, at the same time, it might be just right for a start up location. The outside is cute as a bug……….that would be great for a photography studio. I’m afraid that the ceiling might be too low and that it might be divided into too small of rooms for my use.
The search continues…….I just need a small space and someone willing to help out a new business owner get started. *sigh*