Commercial Property Strategies & Solutions
(only ever for tenants)
We live and breathe:
Serviced offices are the fastest growing area within the business space sector. They provide greater flexibility, one simple “all-in” monthly cost and minimal (often zero) capital expenditure.
A serviced office is perfect for companies of any size, from start ups to large multinationals; that are unsure on their companies growth, or don’t have the time needed to acquire a leasehold space.
Typically you sign on a space for 12-24 months and begin the process around 3 months ahead of your move date.
Leasehold office space, also known as Conventional Office Space, is the more traditional form of renting an office. New leases usually come in 5 year terms, but shorter leases are possible through sub-leases and assignments. There is often a fit out associated with a leasehold space, but the cost of this can often be spread across the lease and pre-fitted space is also becoming more common.
You should allow at least 6 months for a leasehold acquisition and it’s imperative that you have an un-conflicted, tenant only agent helping you. If you are a medium to large sized business, and financially secure, then leasehold commercial space often works out more cost effective than other property options.
Managed Offices offer a hybrid between Serviced and Leasehold. They are leasehold premises that are acquired and managed by a third party, taking the liability of the lease, and upfront capital expenditure, away from you.
This gives you the lease flexibility you would have with a Serviced office, and the control you would have with a Leasehold option. It really is the best of both worlds and fixes your outgoing costs, allowing you to focus on your business.
For many, acquiring a freehold office is the long term ambition, allowing a reduction in monthly overheads and adding an asset to the business.
Very few properties hit the open market and it’s imperative you have your finances in order and an agent appointed as early as possible to maximise your chances.
Freehold acquisitions often form part of a larger property strategy and we specialise in creating agility within businesses to make the move to a freehold space as easy as possible.
We offer the following services:
Premises Search & Selection
Finding companies commercial space is one of the most exciting parts of the service we offer. When searching for your ideal property it’s crucial that we understand your ultimate vision.
This knowledge enables us to source all on and off-market property options, providing our clients with absolute confidence that they are aware of every relevant space before making a selection.
The disposal of a commercial property site has a direct impact on the success of your business. Disposing of an occupiers’ lease is very different to disposing of a landlord’s space.
A tenant’s aim is to remove their liability, whereas a landlords’ aim is to achieve the highest rent. Therefore, the two are in direct conflict. By exclusively representing tenants, we work towards your advantage.
There are multiple areas of negotiation depending on the type of commercial property transaction. Using our unbiased position in the market, we acquire the best package of terms for occupiers; ensuring your business is made stronger through real estate.
This is typically associated with portfolios of leasehold properties; however, this service also applies to a single location. We work to find solutions to reduce your financial liability.
Negotiating is a crucial part of restructuring a lease; allowing savings to be made across multiple areas including passing rent, lease length and the disposing of locations. We work with the main aim to reduce overheads and reorganise estates.
Rent reviews typically occur in five year cycles. This is a professional service that requires an in-depth knowledge of rental values. If you are not taking professional advice, you are risking potential threats to your business. The decisions you make on a review will directly impact the rental values for all businesses in your surrounding area.
Dilapidations are the repairs required at the end of your lease. The changes you make to your property will have a financial impact on your business in the future.
If we are advising you on your way into a property, we ensure you understand your liability towards the space before entering an agreement. Our job is to guarantee you factor all costs into your financial planning.
In-House Commercial Property Team
Many of our clients require on-going real estate support across their portfolio of leasehold properties. We act as an in-house commercial property team and take on-going control of all the real estate obligations.
This service contributes to the overall running of your business.
Every property requires a bespoke strategy. A considered workplace strategy benefits the culture, productivity and financial aspects of a business.
Whether you have too little or too much space, our goal is to understand what your business ultimately aims to achieve and to ensure your real estate accommodates that goal.
Through an understanding of your requirements on a deeper level, we are able to present solutions ensuring your property is benefiting your growth.
National & International Expansion
Whether your business is a start-up or a global organisation, we advise companies at every stage of growth. Using our sheer volume of data, we take all your criteria into consideration and devise a bespoke strategy that supports your motive.
This is a detailed process involving an extreme amount of due diligence. Unlike other companies, we have the unique ability to pair your expansion with the real estate reality.
Service Charge: The costs associated with the functioning of your building outside of your office space. Typically, the building is run by a managing agent and the service charge is reviewed annually.
Business Rates: A tax paid when occupying a leasehold property. Business rates have increased in recent years and are typically accessed every five years. A major contributor to your overall costs, therefore being advised by the correct specialist could save your company a significant amount.
Building Surveys: Our advice to all clients is to conduct a survey before committing to a lease. The main purpose being to uncover any potential and existing issues which must be rectified by the landlord in advance of the space being acquired. If a survey is not carried out once you have committed to a space, you are liable for any potential costs involved in rectifying these existing issues.