Due to the more flexible usage of such industrial spaces, the rental rates also tend to reflect a premium over regular industrial spaces due to the permissible use of at least 30% for industrial usage and up to 70% for ancillary usage such as ancillary office.
It would be fair to the tenants as the allowable usage for ancillary use is up to 70%, with a minimum of 30% for industrial usage.
Also, the rental rates for such spaces are usually non-negotiable and there is usually a minimum lease term of at least 3 years lease period for tenants.
After all, if your company has already decided or budgeted to spend renovation or fitting-out dollars on the industrial space, it would usually make business sense to go for a long term leases since reinstatement is usually necessary at the end of industrial leases.