Rent Office in London, Offices to Let in London, Services Offices to Rent in London
Find Office Space To Rent In London
Traditional office space rental leases predominantly appeal to larger sized, growing or established companies. By renting an office in London from a provider such as Offices Now Please we will aim to provide you with an office rental solutionin the most sought after locations in London.
The conventional or traditional office space rental lease is usually for a fixed term of quite a number of years. It is not unusual for the lease to have a term of 15 years. Break clauses can be negotiated but these are generally 5 yearly and have restrictive upward only rent reviews.
Office Space To Let In London
The traditional office rental tenant is responsible for their own occupational costs such as heating, lighting, water, business rates etc. An office lease also requires the tenant to pay dilapidations for the office space at the end of the rental period and to repair and decorate internally and externally at agreed periods during the term.
The tenant pays for the building insurance and often a service charge. If they are not the only occupier, the service charge covers common services provided by the landlord or his agent such as lift maintenance, the cleaning of common areas, and building security.
If the building requires any major building works these will be recharged back to the tenants via the service charge, so always check what is in the pipeline for the term of your lease, as these types of unknown charges can increase your overheads substantially.