What should a buyer check about a pottery studio’s space?
Walk the premises for the kiln room and its venting, the electrical supply, sinks and clay traps, and shelving for work in progress. Ask an electrician to confirm the supply and the landlord to confirm in writing that kiln use is allowed and that the lease can move to you.
The space matters to a pottery studio, and it is the part that is hardest to change. Kilns need power and ventilation, clay needs water that drains properly, and work in progress needs room. Visit more than once, ideally during a busy class, and look at the space the way a member and a tradesperson would.
Kiln room and venting
Look at where the kilns sit, how much clearance surrounds them and how heat and fumes leave the room. Ask how often the venting is serviced and who does it. Notice whether staff can work comfortably nearby. Do not rely on the seller’s word that everything is fine. Ask the seller for any service records and have a qualified tradesperson look at the setup.
Power, water and clay waste
Kilns draw a lot of electricity, so ask an electrician to confirm that the supply, panel and wiring suit the equipment now in place and anything you might add. Check the sinks and the clay traps, since clay can clog ordinary plumbing. Ask how the traps are cleaned and what that costs in time and upkeep, then add it to your running-cost picture.
Storage and layout
Pottery produces a lot of drying and waiting work. See whether the shelving holds member pieces, unfired work and finished items without crowding the room. Count wheels and tables against the class schedule, and ask whether the layout would still work if enrolment grew. A cramped studio can cap what you can earn.
The lease
Read what the lease says about the use of kilns, alterations, the term and assignment to a new owner. Ask the landlord to confirm in writing that the current use is permitted and that they will consent to a transfer. The BDC overview of commercial lease terms is a good starting point, and your lawyer should review the document itself. For the business side, see what to check before buying a dance studio.
Related reading
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Selling
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernment13 terms you need to understand before signing your commercial real estate lease
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentBuying a business? How to protect yourself from potential liabilities
- 04Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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