When tied to a lease ensure that you understand:
• The options;
• Rental increases;
• When you have to exercise your option; and
• Do you want to keep trading from this premises.
If you don’t exercise your option, you may lose the right to secure the premises in which you operate from. This could leave you exposed to losing the right to occupy the premises or be forced to negotiate with the Lessor all over again risking a higher rental.