How to find office space in London
Finding the appropriate office space in London is one of the most daunting tasks for individuals and organizations planning to start new businesses or expand their operations. The job is best done when left to a trusted commercial property agency. Although you will come across a large number of property advisers in your quest to find the ideal office space in London, only few will meet your expectations.
How to find office space in London
Engage an agency that works for occupiers
In a commercial property market where the interest of the landlords clashes with that of the tenants, most property advisors work on behalf of the property owners. This means that you will not get the best deal while renting an office space in London. The solution to this problem would be to appoint a commercial property agency that works exclusively for the tenants. The property advisor will safeguard only your interest, offering the best solution for buying or renting an office space in London.
Identify the right area
While there is a huge demand for office space throughout London, the demand is especially higher in Central London and certain areas of East London. Most businesses would like to locate their offices in one of these vibrant areas of the city. When similar businesses are concentrated in a particular area, an entrepreneur might consider setting up an office in the same area to become a part of the business community of the region. Shortage of office space might force you to search for other options or you may venture in an area not served by your business. The area where you want to work is largely your personal choice.
Find the appropriate office space
Now that you have identified the best area for setting up your office, now the most difficult task has arrived, that is to find a suitable office space in London. To enlighten you about the various prospects of availing an office space in the preferred area, your property advisor should have an extensive database to help you with the search. The database needs to be updated almost everyday, throughout the year. The individual requirements of tenants and buyers vary. Hence, the property adviser should have access to the latest records of all types of vacant conventional as well as serviced office spaces in London.
Review rent or lease
With no specific rent ceiling, a landlord may demand an unusually high rent. Reviewing the prevailing rents in a locality helps a tenant to rent a property at a fair rate.
Laverna Dustin - About Author:
Welcome to expert Commercial Property Agency, specializing in Office Search, Negotiation and Project Management across traditional and serviced Offices in Mayfair. We provide the best Office space London at every part of the process for a serviced office.
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