A tenant’s guide to renting office space
Make sure you’re a clever tenant when it comes to your new office move
Identifying the most suitable office space and negotiating the right commercial lease terms can be a time consuming and frustrating process. This is why using a good commercial property agent to find and secure office space on appropriate terms is an essential part of your office relocation planning.
An initial meeting with your property agent will discuss your office space requirements in detail, including size, location, facilities and type of space you require. Make sure you chose a local property agent. They are more likely to know everything there is to know about commercial property in your locality and one who specialises in working for tenants will be more experienced in negotiating a lower rent and favourable lease terms on behalf of tenants.
Your property agent will select a shortlist of properties, saving you valuable time that can be better spent attending to your own business activities.
Once an appropriate office space has been identified, the office lease negotiations with the Landlord begin. Find out precisely what is included in your office lease from the start and outline with the landlord exactly what your company would be paying for if the deal were to go through to avoid disappointment later on. This includes any office space, additional mixed-use areas and parking for your office. Significant savings can be made in negotiating favourable lease terms for the Tenant, so don’t be hasty in agreeing things too quickly.
By having a flexible office relocation checklist in mind, your business will be best positioned to snap up the office of your dreams!
