Some Considerations For Renting An Office

Are you going to rent an office? Obviously, the choice of its location is a determining factor, but there are other criteria to take into account.

Renting a commercial space to host your activities is undoubtedly the solution giving the most flexibility if you want to move to more spacious premises when your activities are growing.

If this is the case, the company can leave the premises rather flexibly depending on the length of notice indicated on the rental agreement.

Then, office space in Saket allows the company to build its true identity, and the prestige of the address helps to strengthen its notoriety with all its partners.

To begin with, it should be noted that there is a big difference between the residential and commercial real estate markets. It is therefore not a reference to make when you want to rent an office.

The price of residential property is much lower. It is the cost of the equipment and the services offered that significantly contribute to this gap.

The prices of furniture for professional premises are 10 times higher than those for housing, and the offers offered to professionals are just as expensive since they require quality services and support.

If this is your first time research, you may have a hard time, as there are a lot of things that go into the rental price. Indeed, it does not include only the rent and the charges, even if these are the only elements indicated on the real estate advertisements.

If you stick to just those, you might end up with nasty surprises when you discover other expenses that are just as big.

What elements to take into account when looking for office space?

If the rent often constitutes a third of the expenses in this process, the following elements must also be taken into account:

Security deposit

This represents 3 to 6 months of rent excluding taxes which you must pay to the lessor to cover any damages. If the premises remain in good condition, the amount will be returned to you at the end of the contract. In some cases, it is also possible that they ask you to pay the rent in advance.

Operating costs

These include charges for electricity, office maintenance and cleaning services, access to running water and the Internet.

Parking fees

Fees which depend on the location of the offices. If they are in the city centre, you will have a hard time finding easy to access free parking. You will therefore have to rent some. This is not always the case for those in small towns.

Moving and moving in

You have to use the services of movers or rent a truck to transport all the equipment if you want to do it yourself. It is not uncommon for there to be some upgrades to be made in your offices, so consider all of these costs.

If you are in search of an office space, we suggest you to take help of agents and find a suitable office space in Connaught place.