If you have the cash, locating your small business in an office in London is well worth considering. It is a vibrant city with a huge business community and good connections to the rest of the UK.
The location and the design of your office space are important for your small business’s success. You can not base your decision only on the price rates. Yes, I know that they are important for you. But, if you make a mistake with the location, your small business will suffer. Your location will depend on the industry where you operate, target customers, and the importance of location to your small business. On the other side, the design will depend on what features you need for your office. For example, power supply, internet network, infrastructure, and so on.
Importantly, via its three international airports, it is also well connected to the rest of the world.
Office space in London is in short supply
It is a big place, with lots of office space. At the time of writing this article, over 92 million sq ft, so you would think it would be easy to find somewhere for your small business. But, still, it depends on many factors.
In reality, good-quality office space in London is actually hard to come by. This is because for the past decade, or so, relatively little new office space has been built there. You can read more about why London doesn’t have enough offices.
Fortunately, this situation will change. There are new office buildings planned across the city. Naturally, these will take time to build and become available. Therefore, for the next few years finding a good office in London will continue to be tricky.
Find a good agent
For this reason, searching for your own small business premises in the city will be a time-consuming, and, potentially, frustrating experience. In cities where there is a better supply of office space, it is easy for you to find what you are looking for. Currently, in London, this is definitely not the case.
Therefore, our recommendation is that you engage the services of a good agent. Their connections, and knowledge of the city, meaning that they are far more likely to find the right London office for your company than you are.
So, find a good agent and use their expertise to help you locate your small business in London at appropriate office space.
The best locations
There are all kinds of offices available in Inner and Greater London. Most of it is of good quality, but some areas are definitely better than others.
If you are currently looking for top-end office space, EC3 is a great area to consider. It is home to some of the best commercial buildings in the city and is earmarked for further development. This means that the facilities in the area will continue to be updated and improved.
In addition, you will be placing yourself in an area that is set to become a home to many other small businesses, over the coming few years. When you bear in mind that every company that moves into the area is a potential customer for you this is an important consideration.
Narrowing down the options
If you are lucky, your agent will come up with several potential locations. When they do so, it is important to consider all of your options and pay attention to the little details. Learn about proposals and do your own research. You want to make a good decision for the future of your small business.
The standard of the facilities in London offices is generally very good. However, it is important not to make assumptions. Before signing the lease, you need to check exactly what facilities, and support services, you will have access to. If you have the possibility, it is a good decision to go and see the locations with your own eyes. Check if there is everything that is required for the normal operations of your company.
London is a great location for your small business, but finding the right one for you may take a little longer than you expect. Therefore, our advice is to give yourself plenty of time to find the right office space for your small business.
