Locadvisory

Do you find your office rent too high? Maybe you are right !

Check whether:

-The amount of rent you pay for your office is in line with the average rents in your neighborhood asked for the premises of similar size and finishes?
-Are your premises really worth the rent?
-Do they require refreshment or improvement?
-Are they rented/delivered equipped or furnished?
-Are they capable of absorbing potential growth in company’s activity?
-Is your location well served by public transport?
-Do you have parking for your employees and for your customers?
-How was the number of m2 you are paying for calculated? Are you paying for the m2 you actually use or are other areas included in the rented area?
- Are your charges included in the rent or do you pay them separately? Make sure you pay the charges related to your rented premises.
- Is your lease a long term lease?

All of these criteria have an impact on the rent.

Don't sign a lease with your eyes closed, learn how to negotiate the commercial lease or entrust the task to a professional.

Like most business owners that rent their offices you will need to find the right location in a desirable size that corresponds to your budget. Negotiating your lease is crucial to ensure you’re getting a correct, competitive price that will allow your business to function and ultimately flourish.

For many companies the office rent represents the second largest spending after salaries. However, when it comes to renewing or negotiation of their lease most of the companies think the only thing to there is to discuss is the rent per sqm.

It’s wrong.

The lease holds many points which can be optimised & negotiated:
-Rent per sqm
-Charges
-Indexation
-Rent free period
-Landlord's contribution towards tenant's fit-out
-Restitution

You negotiate your lease every 5-10 years. It makes sense to hire someone to represent your interest in these rare negotiations... or learn how to do it yourself.

The economies realized by you will surprise you.