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How to determine the rental price of pavement?
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Many well-off friends will choose to buy shops for subletting, so as to make long-term investment income. If they want to rent out shops, they need to set a suitable rent for the pavement. So, how to determine the rental price of sidewalks? Let's study with Bian Xiao.

How to determine the rental price of pavement?

Although the rental price of pavement is set by the owner himself, the rental price of pavement is not set at will, and many factors should be considered before pricing, as shown in the following figure:

1, refer to the house price.

(1) If the part above the second floor belongs to the residence and the shops belong to the supporting facilities of the residential community, the rental price of the pavement should generally be controlled at about 1.5 to 2.5 times of the average price of the residence above the second floor. The reasonable rental price of general street shops is about 2 to 3 times that of houses in the same lot.

(2) The price of residential quarters is only a basic factor in pricing the rental price of pavements, depending on the conditions of the shops themselves. The larger the street area of a general store, the higher the rental price of the pavement. Even if there are two shops with the same conditions and the same area, the rental price of the big shop facing the street will be higher than that of the small shop.

2. The location of the store

The pricing of pavement rental price should not only refer to the residential price and the street area of the shop itself, but also look at the location of the shop. This lot contains a wide range of information, such as: whether the store is in a prime location of the city, whether it belongs to a commercial area or a large residential area, how the surrounding environment of the store is, how the traffic is, how the people flow, etc. These location factors will affect the rental price of pavement.

3. Future value-added space

Some shops may be planned by the government as projects that need to be developed, and some shops may be developed into new buildings. The future environment and people flow around the shop will affect the future development of the shop and the rental price of the pavement.

4. Planning of tenants

When the landlord and tenant negotiate the rental price of the pavement together, they must determine the purpose of the other party, whether the other party is a big brand company, whether they want to use the storefront as a restaurant or run other forms of business, and so on. And these factors should be included in the final pricing of the store.

When renting a shop, the price is often different because of the different geographical location and surrounding environment of the shop. The above is an introduction on how to determine the rental price of pavement. You can refer to friends who have bought shops and are ready to rent them, and then calculate the appropriate rental price.

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