London, being one of the largest and more popular cities in Europe, is a culturally diverse and vivacious city. There are a large number of companies and industries that are situated in London. The top one hundred companies in the world have offices there. Thus it is very commercially active. And there is considerable commercial growth in the city. With the high number of offices already set here it is very difficult to find office space in the city. That’s where tons of research and real estate agents come in. whether you are in the market for a small one room space of a relatively large one an agent will be able to give a few options to choose from. But there are a few things to keep in mind while choosing an office space.
The area or location of your office is the most important factor to consider. Businesses that are successful are so mainly because they are closest to their clientele. This is the reason why the space you choose must be easily accessible. Getting a space that is close to a public transport station is always a plus. This is also beneficial to you and your employees who will find it easier to commute to work. Also your office should be located centrally so it has a few restaurants and hotels around it. This will prove helpful when you have clients that travel from outside the city. They will be able to find accommodation nearby and thus have easy access to your workplace. If you are choosing to set up outside central London it will be advisable to check for the availability of accommodation for your work staff.
The next thing to consider is choosing the right building in which you buy or rent space. This decision will affect your cost substantially. You need to figure out just how much space you are going to require. And if you plan to expand your business to what extent that expansion will be. Since moving is a terrible burden it will be better if you buy a space that will suffice when you’re business expands so you don’t have to move again. Another factor to keep in mind is the internal configuration of the space and the floor footprint you will have. Hiring a specialist will help you save money in this aspect.
The business rates or local taxes that are levied on commercial space tenants or owners are usually based on the size of the properties and its location. If you are a tenant this could set you back a big amount. To keep to your budget is essential so it is a wise move to shop around and compare and contrast before you pick your property. Lastly you need to also see what services are provided by the building. Also it is a good practice to find out how efficient the building management is before you commit to anyone. This will help in the smooth running of the business because if the management is satisfactory then you don’t have to worry about anything that is not really work related.
Choosing an office space in London is serious business so be sure you have done all your research and homework so you can get the best deal possible.