Tips on Finding the Best Space to Lease for Your Company

Finding the right space to lease for your business start-up can be overwhelming. It’s your first time doing this, so you are still learning the process. We put together some tips to help you find the best office that you can lease for your business. Keep this information handy to guide you in making your decision.

Consider the location

The office space must be near your place and where your employees live. This is to make it convenient for everyone and to avoid them being late. It will also eliminate long commutes, so you and your staff have more time to rest or to do other things after work hours. It must also be easily accessible to your customers, as you want them to find and reach you.

Determine the office size

The size of the office will depend on the size of your company and its projected growth. You want one that will be comfortable for you, your employees, and the clients that visit. It should also be something that will accommodate your projected growth. Most leases last from 6 to 12 months, so consider your potential growth at least for the time that you will be under the lease contract.

Get professional help

There are companies like Gerald Eve Property Consultants specialise in assisting clients in finding an office or property to lease. While you may be paying for their assistance, hiring them will give you more convenience as they have the experience, knowledge, and tools to quickly find the ideal place for you to lease. This will also free up your time so you can focus on other important matters regarding your business. 

Investigate the landlord

Your relationship with the landlord is vital as you will be dealing with them when there are concerns about the space that you are leasing. You want someone considerate of the needs of the tenants. One way to know more about the landlord is by doing your research. Ask other tenants about their experience leasing the property and what they have to say about the owner.

Don’t be shy about negotiating

There is nothing wrong with negotiating, so don’t be shy about doing this. Properties are often listed at more than the real value that owners are willing to accept. Try to negotiate about 5% to 20% off the listed rate. If you are leasing for a long time, you may also negotiate for a month that they can give for free.

Consider parking space

The parking space is also another thing to consider. There should be enough space for you and your staff to park your vehicles securely. This is also true for your clients. If they are driving, they need an area where they can secure their cars.

Once you decide on the office space to lease, make sure to read the terms and conditions carefully to ensure that you understand every detail. Clarify anything that you are not clear about before you even sign the contract, so you know what you are getting into.