If you’re looking for a new office space, there are a few things you should consider before signing a lease. Here are some tips to keep in mind when you’re hunting around for the perfect location.
1. Determine the size space you need
The first step should always be to find out what type of property will best suit your needs. This includes determining whether or not there is enough parking available, as well as how much square footage you need to get up and running.
Once you have determined these factors, it’s time to consider location and the surrounding resources. Brainstorm on the amenities you need, the local scene that might influence your work, and whether this will all have a significant impact on the way you run your business.
From there, you need to assess the design and layout of your new space. Every business is different, so you’ll need to think about whether a large open floor plan is best for you, or something with more privacy.
2. Understand the agreement
If you are planning to invest in commercial real estate, make sure you have enough time to research, decide, and sign the contract. It is always better to be safe than sorry.
When you choose our solutions, we’ll run you through everything you need to know about the agreement and if there are any obligations you’ll need to keep in mind for the future.
However, if you’re looking elsewhere, make sure you know exactly what you’re getting yourself into before signing the dotted line. A good rule of thumb is to think about how much money you’d have to invest in furniture, equipment, and other items if you were to move into a particular space the way it is. This way, you’ll know whether or not the investment is worth it.
3. Know your budget for your office space
Before you start looking at commercial real estate, it’s essential to know how much money you can invest into your space and whether you need something more cost-efficient. This will help you make sure that you are not overpaying or underpaying for the spot you choose. You should also consider other costs associated with leasing, such as utilities, maintenance fees, etc. Again, this is where going through your agreement with a fine-tooth comb will come in handy.
4. Does your office space allow you to be flexible?
What if your office grows and you need a bigger space? What if the market changes (think COVID-19) and your circumstances change? Your new office space should allow you to change your agreement as you need, which spaces in technology parks (like ours) offer.
If you are looking at commercial real estate in Brisbane, we can help you find the perfect fit without the harsh contracts.
With plenty of workspaces now available in our variety of locations, we give you the best spots in our vibrant technology park, complete with the amenities you need to grow. Get in touch with us now on 0429 198 791 to see if we have an office that’s ready to be your business’s new home.