Whether it is your first-time renting an office space, or a new rental option, it is advisable to get your budget prepared. Thereafter you should consider other important factors that will determine your rental options. The below points serve as a guideline and includes useful budget template links and office size calculators which will ease your decision making process.
Monthly rental payment
The smaller overlooked items can become a major setback when you realise that your total monthly budget is out of pocket, therefore it is worthwhile to determine your financial position before you start looking at office spaces, moving budget template.
Finalise your office size requirements
Whether you are a SME or a large company, you need to know how much space your workforce is going to occupy. Using the following calculator, you can plan your workspace at ease, this calculation method also takes social distancing into account, click to use the office space calculator.
Office space requirements
Make a list of all the facilities you are going to need in the new space, including number and size of meeting rooms, kitchen facilities, parking, as well as the style of the building.
Amenities
Depending on the amenities you have around you, the market value rates of your office rental will vary. This will help with your negotiations and allow you to assess different property options. You could also ask your commercial property agent to provide you with a breakdown of what office transactions have recently been achieved in your area.
Leasing requirements
Considering what arrangement is most desirable for you, in terms of a short term or long-term leasing option, you will chat further to the landlord and figure out whether the office rental will be feasible for your future plans.
Additional leasing costs
Clarify all the costs associated with the lease prior to signing up for your new office rental. Questions around repairs and maintenance are important factors in determining the overall moving costs.
At infinity properties, our building managers are always there to assist with any information required. Assisting our tenants to make a more informed decision for their business growth is how we go above and beyond. Please visit our website to learn more about our available office leasing options
