New Office Lease

There are many different types of office space solution with a mixture of Leases and Licences. The following are a general overview:

Conventional Office Space - Contracts for this type of space will predominately be on a lease agreement, generally speaking with a 5 year minimum term. Some landlords may offer rent free periods for a longer term commitment and some may offer break clauses

A conventional lease is ideal for those companies with a structured, measurable growth pattern. Advantages include security of tenure and cost effectiveness over a longer period of time.

Serviced Office Space - Contracts are normally in the form of licenses. This gives tenants the advantages of flexibility in both contract and office space. Contract terms are normally between 1 month and 1 year.

Any company unsure of their future growth or companies needing immediate, ready to go office space will benefit from a serviced office solution. Serviced offices also offer small amounts of office space (100 SqFt +) which are hard to find with a conventional leases or managed office.

Managed Office Space - Managed Offices sit between a conventional lease and a serviced office licence. Depending on the landlord and the tenure term will determine whether a lease or licence is used as a contract. Tenure is normally between 1 and 5 years.

Companies who already have furniture, telephone systems, fixtures + fittings etc would benefit from the flexibility of a managed office. The market for managed office space tends to start from a 1000 SqFt, anything smaller than this, then a serviced office would normally be a more appropriate solution.

We can advise you on the right type of office space and contract to look at depending on your situation. We thoroughly recommend discussing your requirements with one of our consultants, however, please use the links below to browse our extensive portfolio of serviced, managed and conventional office solutions.

Case Study

BMS Finance Ltd is an arranger of tailored finance for IT companies. We specialise in leveraging the value of tangible and intangible IT systems through the sale and subsequent leasing back of those assets, thus providing clients with capital not normally available to them from traditional finance companies....

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