For emerging businesses, one of the most important decisions you’ll make is taking on a new business premises. This is no small task and shouldn’t be undertaken lightly.
You will need to consider not only the lease term and whether it fits with your overall business plan, but also rent reviews, repair obligations amongst a myriad of other considerations.
Have you considered what would happen if your business expands and you subsequently outgrow the premises? Does the lease agreement you’ve entered into include a break clause? Or maybe it allows for assignment and underletting, which may be more cost effective as your business grows?
If attempting to answer these questions or the whole idea of negotiating a commercial lease overwhelms you, fear not. London Growth Hub & Nwes are delivering a programme of Lease Masterclasses this spring. A series of panel sessions, one to ones and expert masterclasses to help you get the help you need for the lease you want.
The programme of events covers key areas such as: finding a property lawyer; the different types of lease available; insurance and finding a commercial property.
They’re an invaluable opportunity to help yourself get the right location for your emerging Croydon business. Property experts will be on hand to dispense helpful tips to propel your business forward in its new home with a well-fitting, negotiated lease.
The next panel session will take place on March 1st and you can reserve your free place here: https://www.eventbrite.co.uk/e/commercial-property-leasing-ask-the-expert-panel-and-qa- tickets-43052831177
The next masterclass will also take place later on March 1st so you can go to both! You can register for the masterclass here: https://www.eventbrite.co.uk/e/top-tips-on-negotiating-the-best- commercial-lease-for-your-business-tickets-43052801087
You can also apply for the free business one to ones here: https://www.growthhub.london/property- advice-service/. The two hour sessions take place with a property expert and are tailored specifically to your business and its lease requirements. These sessions are a fantastic chance to get some free tips in getting your new business premises.
For further information on any of these events, visit our website at https://www.nwes.org.uk/london- property-advice-service/