We work with office providers and landlords in every location worldwide. Our office space database provides examples of serviced offices in every popular office location worldwide. If you require office space for lease / leasehold office space we can also acquire this for you as we are regulated by the RICS. Please contact us to discuss your bespoke requirement.
Summary of Leasehold Offices / Office Space For Lease
Leasehold offices are also sometimes referred to as ‘traditionally leased offices’ or ‘conventional offices’ or ‘office space for rent’.
Office space for lease or rent is usually more suited to medium to large businesses who can predict their company size in the mid-to-long term future, and so can feel confident in signing a lease for a fixed amount of space and for a fixed amount of time. Leases are generally for a fixed period of anywhere between 5 and 20 years in length, but often include options to break (options to leave the property at certain dates). The lease will also include, amongst other things, details of various obligations of both the tenant and the landlord, and also states any increases in rent over the term of the lease, how the increases will be calculated and at what points.
Office space for rent is usually preferred by businesses who may own their own furniture, telephone systems and IT infrastructure.
A business that takes leasehold offices pays the landlord rent, service charge (building management fee for cleaning of common areas, waste disposal, lift maintenance etc.) and a proportion of the building insurance based on occupancy level. The business is also responsible for their own utility bills, cleaning of the space they occupy, staffing of its reception (if required), fit out costs at the beginning and dilapidation costs at the end of the term.
If you know that your business size requirements are going to be fixed over a period of time, you want the security of signing a lease for a set amount of time and you do not require the facilities provided by serviced offices – then we can help you find your leasehold offices. As we are regulated by the RICS we can advise on related professional matters such as lease negotiation, incentives, lease obligations and property management matters as well as other areas.
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