London is at the heart of the United Kingdom and is one of the world's great economic and cultural powerhouses. It's a wonderful place to base your business. This article reveals why renting in the city is a great idea. Firstly, you'll be in a fantastic location. No matter where you are in the city, your address will look great on business cards and tell your clients that you're serious about what you do.
As a major city, you are guaranteed to find a rental option in London that's right for you. There are two main types of rental property: serviced or space. Space rentals do what the name suggests - you rent the space and that's it; it's up to you to sort out everything else, great for people on a budget. Serviced offices offer packages including security, maintenance staff, cleaners and recycling facilities and so are great if you don't want to have to worry about the day-to-day running of the office.
Renting is also a great way to keep tabs on your cash. As it's so desirable, London is quite an expensive city and so, if you buy rather than rent, the money can add up. This is because a lot of mortgages have variable rates that track the base rate set by the central bank and so they fluctuate. If you rent, however, you will probably be asked to pay a fixed amount each month, which is ideal if you need to watch your cash flow.
Linked to this is the greater flexibility that comes with renting. If your business changes and you need to move to a different location or get a bigger office, it's easier to do this if you're renting. A lot of rent contracts are short term and you can leave at the end of your lease without having to worry about transferring mortgages or finding replacement tenants. You can also negotiate rental deals with landlords to get a better deal - experts advise not to accept the first figure you're given.
If you're not yet convinced about renting in London, consider this - the very fact you'll be in London is a good reason to consider renting there. You can take advantage of the UK's competitive business rates and the city's great transport links, making it ideal for getting to your office no matter where you're based. It's also ideal for entertaining clients in the city's myriad cafes and restaurants. A great place for any business or entrepreneur, renting in London could be the best thing you ever do for your business.
As a major city, you are guaranteed to find a rental option in London that's right for you. There are two main types of rental property: serviced or space. Space rentals do what the name suggests - you rent the space and that's it; it's up to you to sort out everything else, great for people on a budget. Serviced offices offer packages including security, maintenance staff, cleaners and recycling facilities and so are great if you don't want to have to worry about the day-to-day running of the office.
Renting is also a great way to keep tabs on your cash. As it's so desirable, London is quite an expensive city and so, if you buy rather than rent, the money can add up. This is because a lot of mortgages have variable rates that track the base rate set by the central bank and so they fluctuate. If you rent, however, you will probably be asked to pay a fixed amount each month, which is ideal if you need to watch your cash flow.
Linked to this is the greater flexibility that comes with renting. If your business changes and you need to move to a different location or get a bigger office, it's easier to do this if you're renting. A lot of rent contracts are short term and you can leave at the end of your lease without having to worry about transferring mortgages or finding replacement tenants. You can also negotiate rental deals with landlords to get a better deal - experts advise not to accept the first figure you're given.
If you're not yet convinced about renting in London, consider this - the very fact you'll be in London is a good reason to consider renting there. You can take advantage of the UK's competitive business rates and the city's great transport links, making it ideal for getting to your office no matter where you're based. It's also ideal for entertaining clients in the city's myriad cafes and restaurants. A great place for any business or entrepreneur, renting in London could be the best thing you ever do for your business.
0 comments
Post a Comment