If you already work in London, but are considering moving into another part of the capital, then it's important to be aware of the nuances of moving workplace. This is true if moving to a different commercial property, wherever you decide to relocate to - but it is particularly applicable to London office space because of the inevitable challenges that you'll face when organising such a sensitive operation in a large city.
It can all sound a little overwhelming. Don't worry, though - with the help of a good commercial property advisor and some careful planning, you can minimise the risk of things going wrong on the big moving day.
And, as an extra help, we've put together this guide which explains the first steps you'll need to take when planning your relocation:
Step One: Ask yourself - 'Why do we need to move?'
Generally, you'll want to move London office space for one of four reasons - space, location, rental prices or lease length. You should have these reasons at the forefront of your mind when you go to speak to a commercial property advisor.
When you talk to your commercial property advisor, they will likely look at the following points so that they can find the most appropriate route for your move.
? They'll likely conduct a space analysis to determine your space requirements.
? They'll advise you of the current market rent prices, so you can get a better idea of what London office space you can afford
? They may look at your lease and let you know of any rent reviews, notice periods, dilapidations responsibilities and any other factors that you may not have been aware of
? If you're not desperate to move to a different commercial property, they may look at whether rent, service charge caps, rent-free periods and other factors can be negotiated with your provider
Step Two: Consider where you want to move to
Whether or not location is a driving factor in your decision to move London office space, it should always be considered an important concern. Like in any city, the business-focused sectors of London tend to be bunched together. The most famous business areas in the capital are probably the twin financial centres of Canary Wharf and the City of London. You may also want to consider one of the following locations.
? St James or Mayfair - These two locations are highly sought-after, so demand higher-than-average rents. However, there are few better locations if you work in a hedge fund or another finance-related business
? Silicon Roundabout - This area is also known as Tech City, and is expanding rapidly to become a key European technology hub. It covers parts of Shoreditch and Old Street
Step Three: It's time to see the London office space for yourself!
Once you've drawn up a list of buildings that meet your requirements, it's time to go and view them. Make sure you consider the rent quoted, the size of the property, the availability of transport links, the style and decor, and what amenities and fittings are available.
Obviously there are more things to consider when moving, but this guide should help you to pass the first hurdles!
Moving to a different commercial property is a big decision, wherever your business is located. Moving your London office space requires an even more stringent planning approach - but this guide should help movers to make the first key decisions.
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