Choosing the right property is essential
Starting or running a small business in London? One of your most crucial decisions will be choosing the right commercial property. Whether you’re after office space for rent in London or retail space in the bustling capital, finding the perfect spot could make or break your venture.
London’s commercial property market is diverse and dynamic, offering everything from affordable commercial property to high-end business premises. There are many flexible options such as co-working spaces, meanwhile spaces, pop-up units or sharing office space, which help you save money and establish your presence.
First, consider your needs
When searching for office space rental in London, you need to first consider your needs. Do you require a central location for client meetings? Or would a more affordable spot in an up-and-coming area suit your budget better? What budget do you need for the fit out and furniture?
Remember, commercial property deals in London can be found if you’re willing to look beyond the obvious choices. For retail businesses, finding the right retail space in London is crucial. Consider foot fall, local demographics, and proximity to public transport.
Prepare to negotiate your lease terms
Once you’ve found a suitable property, you’ll need to navigate the world of commercial lease options in London. It’s essential to understand the terms of your lease, including length, break clauses, and any additional costs. Don’t hesitate to negotiate – many landlords are open to discussion, especially for promising new businesses.
Accessibility and sustainability
Think about the accessibility of your premises. Is it suitable for people with mobility aids and wheelchairs? Disabled people are among your customers – please don’t overlook them! The more accessible your property is the more likely customers will return, and tell friends and family about you. Having a space which works for a diversity of people is a huge positive.
Also, there’s the energy efficiency aspect to consider. Your landlord may be open to paying for or sharing the costs of making adjustments to improve the sustainability of your property. Find out more about this here.
We can help!
Remember, finding your ideal commercial property in London takes time and research. Don’t rush the process – the right space is out there, waiting to become the foundation of your business success.
We help business owners find the right property and negotiate the right deal, like these entrepreneurs in London. Get in touch for more information: info@londonbp.co.uk.
