The Weekly Wrap
and Relocation – Time for a change?
In my article dated 6th September, I discussed occupier demand for conventional offices
offering existing fit-outs, short-term lease flexibility and limited
dilapidations, amongst other luxuries some tenants have come to expect due to
the serviced office sector.
landlords now becoming more amenable to these types of arrangements, it is true
that there is significant opportunity for prospective tenants when seeking
office accommodation. This is good news for companies in a position to move (ie
new companies or those with upcoming lease events), however it should also
represent an opportunity for those with existing liabilities.
experiencing disproportionate demand for ‘fag-end’ leases as compared with
fully refurbished ‘new’ offices and, as such, a tenant’s unwanted space could
be attractive to other companies seeking office accommodation.
If you occupy
an office in the City which is too big/small, or you simply feel it is time for
a change but are concerned about double overheads, give us a call. You may be
pleasantly surprised by what we are able to save you…
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