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Why rent a temporary retail space in Shanghai?

Shanghai, China is a great city with a huge retail property market. There are great crowds in core areas of Shanghai, and they are eager to engage with new products and services. Many commercial properties to rent in Shanghai can be used for a day or over a series of weeks to build your sales prospects. Choose from small workshops, old repurposed warehouses, contemporary stores in shopping malls, to studios to best show off your products. 

With a little bit of research, you can find space that will suit whatever style of sale you want to do. Artsy, straight business, or a little of both can be spotlighted with the right choice of retail space for rent in Shanghai. 

What is a retail space?

A retail space is any area that you can lease to sell your products or services. Flexibility is what makes it work well. Having the ability to work for a day, week or month without a long term lease can make retail sales more adaptable to the marketplace. There are long term cost commitments but all the benefits of a retail area. 

How much does a retail space cost to rent in Shanghai? 

Retail property for rent in Shanghai has a large range of costs. It can cost anywhere from 8000CNY to 16000CNY. The cost usually averages somewhere around 16000. While that range seems incredibly wide, it is due to the different ways that landlords charge. It could be by the square foot but can also be influenced by the time that space is going to be used. Add in amenities and any extra space demands, and the price varies once again. 

Things to consider when choosing a retail space in Shanghai

• The cost has to be the first thing to consider when choosing commercial space to rent in Shanghai. Without a well-prepared budget, then there is no way to know what space you can afford. Pricing will change based on a retail space’s location, size, and length of rental, so knowing how much you have versus how much is being charged allows you to work with the variables. 
• The location of the retail space in Shanghai is important when it comes to sales figures. If you need walk-in traffic versus a one-day sales hit, then location is crucial. Multiple days of foot traffic is not going to happen if the venue is off the beaten path, but if it is invitation only or perhaps a one-day sale, then having it in a bigger area with less foot traffic could be beneficial, especially with proper parking. 
• Lease and legal conditions seem lower on the list of considerations, but they should be at the top. Knowing what you are signing, and the content of the paperwork can save lots of headaches later on. Consider how complex the documents are and whether it is worth a lawyer reviewing them. Knowing termination conditions, insurance requirements, rent and what is included can save you cost surprises later on. You don’t want additional expenses on your bill simply because you didn’t see them listed in the fine print when signing for space to rent in Shanghai.