Essentially, leasehold improvements include any remodeling or other alterations and enhancements made to a leased property. For accounting purposes, any kind of tenant improvement done during the duration of the lease is recorded as an asset, along with an equivalent liability. It is amortized over the remaining term of the lease or the life of the renovations, whichever is shorter. When the lease is terminated, any improvements that have been carried out typically become the property of the owner without any obligation or cost.
The Purpose and Benefits of Leasehold Improvements
When a tenant rents a commercial space, he or she usually has to take the property as it is, in its current condition and with its present layout. Very often, the design or state of the commercial space isn’t in tune with the business owner’s vision of what is required to deliver their particular goods or services. Consequently, an agreement allowing for leasehold improvements can be established, which is an arrangement that definitely benefits both the lessee and the property owner, as well.
There are several benefits gained by performing quality leasehold improvements. Obviously if the set-up and overall design of the rental space better facilitate the particular services of the occupant’s enterprise, that tenant will likely have more success in drawing and keeping valuable customers. The property owner also benefits from the renovation becauseRead More »
Many Americans eat out, both those who don’t always care to cook at home and those who treat themselves and their families to a great meal out on special occasions. Most people tend to patronize their usual tried and true restaurants, while others are willing to experiment and try something new. Make your own restaurant a frequent favorite by adding great new design and décor features to your already terrific menu.
Aside from offering an awesome selection of dishes and truly good food, one of the most effective ways to attract eager new customers to your restaurant is to have a professional commercial contractor create an especially comfortable and inviting ambience. Ideally, your dining area should complement the cuisine you’re offering and entice people to Read More »
Is it time to renovate your office? You used to enter your office with a feeling of pride. Everything about it seemed to complement the essence of your business so well. But after years of use, the paint is chipping and the carpeting has deteriorated. And that’s just the superficial stuff.
Wake Up & Smell the (Stale?) Coffee…
When you take a good hard look at the surroundings, you can see that the layout of the space could work more efficiently and look much more attractive to both your customers and staff. That’s the first big step towards a successful office renovation: realizing that it’s time to make some improvements. Next comes moving forward with a sound plan and a realistic budget.
Let an Office Renovation Show Your Style
The office is the sounding board and launch pad for the creative ideas of your business. It’s also where you hold meetings and receive clients, so good first impressions count. So do bad ones. Keep in mind that you want to provide a pleasant vibe to anyone who enters for a consultation, plus a pleasant, well thought out environment for your employees. With the expert help of an experienced companyRead More »
The usual way that a home build or home renovation project gets done is to start by working with a designer to create the home designs and then the full architectural plans. Then you put the project out to bid and contractors compete to do the work.
A design-build contractor does the whole thing. From day one they work with you until you move into your new home.
What are the Advantages of the Design Build Process?
A design-build contractor takes care of EVERYTHING. From your initial home design consultation toRead More »
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I would hire Nelson CR again in a heartbeat. No construction new project and/or renovation is without issues. However, if you want a company and a team that will resolve those issues to your satisfaction then NCR is that company. The thoughtfulness, professionalism, quality of work, communication and a resolution oriented team are the best... Read More »
J.I., homeowner – whole home remodel
We would hire Nelson construction again without hesitation. The entire team, from the unseen to the seen, were dedicated, responsive, respectful, and patient while we lived through a beautiful renovation.
V.I., homeowner – whole home remodel
Nelson Construction out of Clearwater/Tampa fully remodeled our 7,900 sq ft home in Clearwater, Florida. To say they did a great job is an understatement. The qualities of this company extend beyond just a nice finish. Road blocks: Near the beginning of the remodel we ran into our first hidden challenge. To modify and create... Read More »
BZ, homeowner – historic home restoration/remodel
The staff at Nelson Construction do a fantastic job of caring for their customers. They care about their work, their products, and the customer’s satisfaction in the final result. I also greatly admire their attention to legal rudiments, which some contractors try to skirt or dodge. Nelson Construction operates within all ethical codes and boundaries,... Read More »
A.O. - American Power and Gas
We were satisfied with the level of service we were given by Nelson Construction and Renovations. The project manager was very communicative. Any time I needed an answer, the Nelson Team was there. Everyone was very professional and courteous, and the end result is beautiful.
“We highly recommend Nelson Construction and Renovation, Inc. We are totally satisfied customers. Nelson Construction will always be our first recommendation to friends who want to build. “Our project was the 2014 renovation and expansion of a 600 square foot 1950’s bungalow in Safety Harbor’s historic district. Our goal was to create a space suitable... Read More »
Ann Morgan & Margo Pfleger, homeowners – home addition and whole home remodel
On behalf of the whole CCHR Clearwater team, we would like to thank you and your company for the stellar work on our new building – which did open on time! Even though we were very pressed for time and things were very hectic, your supervisor remained stable and your work areas somehow remained organized.... Read More »
Jamie Blackstone - Renovations Supervisor – Citizens Commission on Human Rights
Nelson Construction and Renovations exceeded our expectations on our fairly good-sized job (new addition and complete living room and kitchen remodel). I have never worked with a company before that was this intent on making our project a total success AND was so fast and efficient. In addition to that, they routinely went above and... Read More »
Scott and Holly - Clearwater, FL
This letter is to commend Nelson Construction for the excellent job done on our kitchen renovation. When we returned from vacation we were surprised to see the difference and how great it all looked. We expected to see a mess, but everything was cleaned up perfectly; and your company did even more than we expected... Read More »
Thank you for the job well done! I have renovated several houses and know the hassles that often come with these endeavors – dirt, delays, redo’s, cost, contract issues, etc. I was planning to renovate my kitchen for many months, but kept putting it off, simply trying to avoid the expected hassles. Once I finally... Read More »
Mr. Nelson was my contractor for a major house renovation in March 2006 and also my office renovation in June 2006. He is a rare commodity in the construction industry. He is honest, efficient, on time, on schedule and overall a pleasure to deal with. In my area, where real estate values are climbing and... Read More »
Michael Haldane - Managing Partner/Executive Producer – The Radke Film Group
Our school was in great need of a new roof. Sorting through the various types of roofing and installations was very overwhelming, and for such a large project, we needed to be certain we were making the most cost-effect decision we could. So we hired Nelson Construction to be an Owner’s Representative to help navigate... Read More »
Nelson Construction is a valued company, steadfast to a strict, honest and drug-free work environment. The most notable point of Nelson Construction’s service was the quality work and professional integrity. My project met all of my expectations and more. Project Images (*Click image to enlarge)
S.K. - Clearwater, FL
The most notable part of Nelson Construction and Renovations’ service was their attention to detail. Great all around service and finished product!
Thank you for giving us a new home that we love. Every time we look around we are reminded that we made the right decision to go with Nelson. We shall recommend you to anyone who asks and would be happy to serve as references for potential clients.
Margo & Ann
Your Concrete Design Website is very impressive. Beautifully put together and inviting to the design community.
In short, we love our home. It is gorgeous. The counter tops are amazing, the cabinetry is perfect. Overall we are so happy! Project Images (*Click image to enlarge)
We couldn’t be happier and we plan to use your company on any upcoming project that we have. The employees and subcontractors were very professional; it was something we noticed right away. The job site was cleaned every day, and my cleaning lady even noticed and told our friend about it. The level of communication... Read More »
You and your guys are the BEST!!! It is such a pleasure to be able to open my home and leave for the day and know there will not be a problem. Your staff is like family! Project Images (*Click image to enlarge)
Nelson Construction has been the best construction company that I have ever hired. I am sure that they are not the cheapest but they offer an excellent product and are very professional. They stayed in daily communication to let me know the status of the project. Their crew was friendly, courteous and conscientious. They showed... Read More »
Working with Nelson was like no other experience I’ve ever had–and I’ve done a ton of work on my very old house. They’re so professional and stayed in close communication with us. I will NEVER use any other contractor again! I can’t say enough good things!
Joy Gendusa - CEO - PostcardMania
Nelson Construction delivers every time: quality product, on time and in budget, no surprises, no rip-offs, stellar service and product, communication and genuine interest in finishing the product 100% to my satisfaction (and theirs)!
Stacey Tiveron - CEO - Trade Only Design Library (TODL)
I wanted to tell you how pleased I am with the work done by Nelson Construction & Renovations. The external deck and 2 stairways your company recently built at my North Clearwater Beach apartments exceeded my expectations. I was very impressed with every aspect of the operation in the work and the interaction with me... Read More »