Sgscc Bsbsmb401A

Candidate’s name | | Phone no. | 02 9520 1528 |

Assessor’s name | Leisa | Phone no. | |

Assessment site | |

Assessment date/s | | Time/s | |

The leasing of premises

Small factory/warehouse of no more than 250m² would be required with roller door access for loading and unloading of deliveries. The premises would also require a small office space.

The business would be looking for premises within the Sutherland Shire.

Cost of Leasing

Cost of rent for premises has been quoted at $90.00 per square meter per year.

Rent is payable monthly in advance with 3 months bond.

Total Cost per year $22,500.00

Cost of Purchase

Cost of purchase of premises has been quoted at $499,950.00.

Commercial Mortgage at 6.87% (with financing through either NAB or ANZ) with monthly repayments over 30 years of $3,283.00

Total cost per year $39,396.00.

Details of Premises

Kirrawee

Industrial/Warehouse

Floor Area: 256m²

For Sale : $499,950

Please find attached a copy of a lease (I was only able to locate a blank lease from a real estate agent as they wouldn’t give me one for commercial purposes and wouldn’t do one that was completed)

The purchase of insurance

I have secured 3 different quotes from various insurance companies for the cost of insuring the business vehicle.

The quotes came from AAMI, NRMA and GIO.

The features for all the insurance policies were very similar with little or no major differences.

The quote chosen that the business should go with is AAMI. The annual premium of $981.49 is not the cheapest, but has the best premium to excess ratio and would be the better option for the business.

Quotes are attached.

Rights and Responsibilities

a) Agrees to notify the agent within 14 days of any changes to the contact details of the tenant

Pay the rent on time and in the manner in which has been agreed.

Keep the premises clean and undamaged and leave it in the same condition that it was in when the tenant moved in, less wear and tear.

Keep...