Running a retail business can come with a lot of extra costs. Our office Enfield will help to lessen some of these costs. Read on to find out how.

Renting a retail space can come with a large price tag and, unsurprisingly, London is the place with the highest retail rental prices. If you are wanting your business to have a bricks and mortar space for your customers to come to and see what you have on offer it is hard to think of any way to do this without renting a space. 

There are other options though, one of which could be using an office space as a retail space or as a showroom. Rented office spaces are cheaper than renting a retail space and there are many options as to how you can use them, as a retail space but you could also start with a pop up shop to test the waters or as a product showroom. 

Within this article, we will let you know why an office will be a great alternative for your retail space and let you know why office Enfield will be the perfect space. 

Retail Space Vs Office Space 

Renting a bricks and mortar shop space can be expensive but there are definitely some pros to having a space like this. But, equally, there are many pros and valid reasons as to why an office space will be an excellent alternative. 

Within this section, we will look at some of the pros and cons of each type of space and let you know why an office will be a great alternative. 

Retail Space – The Pros

Visibility

With a retail space, on the right street or within the right area, you will have excellent visibility of potential customers. You will be able to have signage at the front of your shop space and use A-boards to bring even more people in. 

Foot Traffic

Within a prime location, a shop can get a lot of foot traffic from people simply walking by, heading to other shops or doing errands. These people will see the signage and decide to pop in and take a look around. 

Retail Space – The Cons

Expensive Rents

Retail spaces, especially in London, come with extremely expensive rents. For a shop, all to yourself, you are looking at anything from £240 per day to £2,000+ per day. Any new, small business is going to struggle to make it when having to pay such large rents. 

Parking 

Depending on where the retail space is, parking could be an issue. Within a shopping centre, there will likely be plenty of parking but also a lot of other shops vying for your customers attention. On a high street, parking may be at a minimum and, any that is available, is likely something that people will need to pay for by the hour. This could lead to people only going to the shops they need and not stopping to look around newer shops like yours. 

Office Space – The Pros

Cheaper Rents

The average price of an office space is a lot lower than a retail space. In London, some can reach £2,000 but this is per month, not per day, and they are large spaces. 

Parking 

Most offices come with a good deal of parking, directly outside the building, which will be excellent for you, your employees and for your customers. With our offices, we have a substantial amount of parking. 

Office Space – The Cons

Less Visibility 

Being within an office space and not on a high street or within a shopping centre will mean that you don’t have the same signage outside. This will mean that you have less visibility for those just walking by so you will need to ramp up your marking on social media. 

Why You Should Use Our Office Enfield 

Now you know the pros and cons of both the spaces, we will let you know why, if you choose to go with an office space, you should choose our offices. 

You’ll Be A Part Of A Community With Our Office Enfield

When you rent one of our offices , you will automatically become a part of our Cinch Self Storage community. This was the case for Florence Ledwith, founder of Envy Shoes, when she began renting with us:

“We’re quite a small team and before this I was at home so it’s nice seeing everyone. Seeing everyone being busy. It’s just a nice place to work.”

Many of our current business customers have been so happy to feel a part of a community and to meet new people from the local area. They have found fellow local business owners to network with and ask for advice which has been an amazing benefit to their business. 

Flexible Rental Agreements

With our offices (and with all our storage solutions) we only offer flexible rental agreements. So many of our competitors want people to sign up to long term contracts which are not only expensive but also limit their ability to take a risk which in turn limits growth. 

Our contracts are short term and flexible so if you find that your office Enfield is not working for you, you are free to leave. All you need to do is give us a short period of notice and then you will be free to leave your unit.

It’s Already Being Done!

Okay, we will admit, it’s not being done as a retail business but Kristie from The Studio by Kristie runs her nail salon from one of our office spaces. She has found one of our offices to be the perfect space for her clients as it offers privacy:

“A lot of my clients come to me for privacy because they don’t like the salon experience where everyone can hear your business. A lot of them have told me that they like it because it’s a one-on-one experience.”

As you can see from our case study on Kristie she has made our office space her own, creating the perfect style and atmosphere for her nail salon. 

And you can do this too. 

We are very happy for you to rent one of our offices and make it exactly how you want it/need it to be for your business. 

5* Customer Service 

When you rent either an office or storage, you will get 5* customer service. All of our Enfield team will be able to help you every step of the way, dealing with any issues or queries, quickly and efficiently. They will also always offer you a warm and friendly welcome. 

This is what Cia Mendonca has to say about our Chippenham team:

“Sometime ago I rented a unit in Enfield for a month+ and I’ve had a great experience. During this time I had to go back to the Storage almost everyday to sort my stuff out. And in every single time the staff received me as a proper 5 star customer. That’s why I recommend Cinch Storage to everyone who needs extra space. Jaymee, thank you very much.”

If you rent an office with us, you will receive the same excellent customer service. 

Run Your Retail Business From Our Office Enfield 

There are many pros and cons when it comes to renting a retail space. You will have more visibility, if your shop is in the right location, but you will also have to pay large rents. Using an office space will mean less organic visibility but it can easily be rectified with a strong marketing plan. 

Our offices are the perfect place to run your retail business. You will get the space you need to grow and you will become a part of a community. All of our offices come with a flexible rental agreement so your office space will always work with you and your needs. You also will receive excellent customer service from our Enfield team.

Our offices are here to work with you and your business. If you would like to know more, please give us a call on: 02039 402 147 or head to our website.