Finding the right office space to rent Newmarket can be a minefield. Here we will talk you through our top tips on how to find the perfect space.
Before you even begin your search for an office space to rent Newmarket, you first need to consider what is best for you and your business. We have found that our customers like our offices because they are located in a good location and because there are no hidden extra costs.
These may be important factors for you and your business too but there is more that you need to consider before signing a rental agreement. Within this article, we will discuss our top tips for finding your perfect office space to rent Newmarket.
Figure Out Your Business Needs
To begin, you need to think about your business needs and how much space you and your business needs. When thinking about space you need to consider the size of your current team, whilst giving yourself some room for growth.
You also need to think about essential features that you need within your office to rent Newmarket. These will be different for each business but could include things such as meeting rooms, high-speed internet, kitchen area etc.
Set A Budget
Next, you need to think about your budget, making sure to remember all the costs involved. If you go down the traditional office route, you will have to include utilities, maintenance and cleaning, alongside your rent.
With managed or serviced offices, many things are included with the rent price, such as utilities, internet and the office will be maintained and cleaned by the company.
This will give you more money for other business needs but you need to think about whether this really works for you, your team and your business. It would be a good idea to chat with your team about preference or ask for anonymous feedback so people feel like they can be honest. Some managed or serviced offices can be very open plan which may not work for some of your employees.
Work Our The Right Location
As we have already mentioned, the right location for your office space to rent Newmarket is crucial. The right location will give you convenient access as you and your team will have easy access to transport links and roads.
Having the right location will also mean that you are close to local amenities such as cafes, shops and banks that can support your business and staff.
At our location in Newmarket, we have a Co-op close by and we are just a short 5 minute drive from the centre of Newmarket and its high street.
Start Your Search
When you begin looking, you can look at both online platforms, such as Zoopla or Rightmove, and you can also speak with local real estate agents.
No matter how you search for an office space to rent Newmarket, you must make sure to visit any potential spaces. This will allow you to get a true sense of the place and allow you to see if it will work for you, your team and your business.
Read Through The Rental Agreement Carefully
Once you have found the office that is right for you, you will want to read through the retinal agreement carefully, really taking into consideration whether or not the terms work for you.
In many traditional office spaces, you will have to sign a fixed lease which will state you will be renting and paying for the office for a certain period of time which, with traditional offices is usually a number of years. No matter what happens with your business, you will be expected to pay for this office space until your lease expires.
Serviced offices, like what we offer at our Newmarket facility, often come with a flexible lease. This gives your business the space to evolve as you will not be trapped paying for an office that no longer works for you. Speak with the storage team about notice periods as even with flexible leases, you will need to give some notice before leaving. If you don’t do this, you may experience charges.
If you don’t understand parts of your lease, speak with the team. All professional storage teams will be able to help you with any questions or queries.
Finding Your Perfect Office Space To Rent Newmarket
When it comes to finding your perfect office space to rent Newmarket, there are many factors that you need to consider. You need to think about how much space you need, taking into consideration your plans for the future and whether you plan to expand your business and team. After you know your business needs, you need to think about your budget and what location will be convenient for you, your team and your clients.
Once you have this all figured out, you need to begin your search for potential offices, throug online platforms and/or via local estate agents. Once you have found places, you must visit them so you can see if they will really work for your businesses. When you have it narrowed down to one, you must make sure to properly read the lease terms, asking for help in understanding if you need it.
We hope that you have found this article helpful. If you would like to know more about oour office space to rent Newmarket, please give us a call on: 01683 476 115 or click here.