How to find the best location for your office
Choosing a location for your business doesn’t just come down to cost, it’s about finding somewhere that suits your staff and clients, as well as the industry you operate in.
It is essential that you carry out due diligence about a particular area before you start viewing potential properties. You should consider which other tenants and companies who are occupying the area, as well as retailers, and industrial or office parks close by.
If the majority of your staff travel to and from work using public transport choosing a location that is close to a train or bus station is essential. Even if you are located close to public transport, you may also have a need for visitors to park close to your office for convenience.
A prime location is likely to have easy access to great cafes, bars and restaurants which can be a big perk for your staff, and provide places to entertain clients. If you are looking at office property in up and coming locations, look for new developments happening in the area and changes in retail space. Trendy coffee shops and gastro pubs are an encouraging sign that the area is up-and-coming.
Think about your strategic objectives when choosing the location. How do you see your business growing over the next few years and will the location lend itself to your proposed growth plans in terms of amount of office space you need and what future changes are likely in your industry that will impact the work that you do.
Redevelopment in the area
Talk to your local authority to find out what buildings close by are up for redevelopment. You don’t want to have your business disrupted by a load of noise from a nearby building being demolished. Having a property agent help you with your location and office search is invaluable. They will be more familiar than you about market rents, and the demographics of each location and will help you put together a shortlist of potential locations that are most suited to your business.
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