The Best Time to Search is When House Prices are Low
When the real estate market is leaning towards buyers in the UK and prices are falling, this is the ideal time to negotiate for a commercial property to let. This is a proven indicator in UK markets, when housing prices are weak there are often bargains to be had on the commercial letting market. commercial lettings london
Shop Around for the Best Deals in Commercial Space for Rent
There are many ways to find a commercial lease property. In the current economic climate, you will probably find that simply driving around your local area; you will see many “for lease” signs around. If you can circumvent the property management company, you may be able to negotiate a better deal because the lessor saves money by not having to pay out commission fees. There have even been cases where the lessor can be convinced to offer a month of free rent, the tighter the economy the better your chances of getting such a deal.
Look in a variety of Places for The Best Deal on Commercial Property Rentals
Many other mediums exist to help you find office space other than the traditional route of going through rentals professionals. Great deals can often be found in your local newspaper, you will find many commercial properties for lease, a lot of these listings will be placed by realtors, but keep an eye out for the private listings; this is where you can grab a bargain. Using the internet gives you a wide variety of commercial property to let in the UK, if you are looking for places in London try the following Google searches:
“London commercial space for lease,”
” London lease commercial office space,” or
” London lease commercial retail space”.
The best advice you can get when you are searching for a business property to rent is to take your time, there is no need to rush into a decision such as this, especially considering the amount of money at stake and the length of contract you will be tied to. Look at a variety of commercial property listings, speak to a few different commercial property agents, ask friends and family for advice or whether they know of any available business property to let.
Be Creative with What You Consider “Commercial Property”
Obtaining a commercial property to let can be expensive, if you only require a small space there are a few unconventional options open for you in the UK as long as you are flexible. You can often find a church, community centre or local small business that will be able to offer you a spare office at a low price. After all, if they are not using the space it might as well generate a little income.