Knowing where you can save money and how to make it happen are the keys for office occupiers. If you know to look for them, lease savings and great incentives are out there, including:
- Rental abatements
- Rent-free periods
- Fit-out contributions
- Extensive access periods; and
- Hand-back rights / break clauses
The labour and admin involved in getting out of a bad lease are often what keep businesses in office space that is too expensive or they just don't need. There's never an easy time to reduce the costs of your office space, but it's certainly worthwhile.
Sourcing a new property and negotiating a fresh lease, renegotiating the lease for your current site, or securing a time-saving lease renewal or extension, are all ways that you the tenant can save on your office property overheads.
Independent, tenant-only advisors can find sites and negotiate on better lease terms on your behalf - it's what the team at Tenant Leasing Group have been doing for over 50 years.