Understanding the costs of running a business in London
While it should come as no surprise that London is the most expensive region in the UK for commercial property, the capital is also one of the most expensive cities in the world. With sky-high prices per sqft, all companies must strictly their budget if they wish to maintain control, thankfully at Commercial People, we've made it easier than ever to identify London commercial properties for rent that are well within your budget.
Does the location of my commercial property in London matter when it comes to renting?
With such a large range of commercial properties for rent to choose from throughout London, it can often be a rather daunting process to identify the area that's right for your businesses, especially if you're not familiar with the pros and cons of various of London's many boroughs. In London, the cost of renting a commercial property across various boroughs can differ greatly, and it's always a good idea to understand the potential virtues and pitfalls of each borough. In general, areas such as Chelsea and Kensington will attract a different type of clientele compared to Tottenham or Enfield, so it's essential that you do your research before committing to a commercial property rental agreement.
Why choose commercial properties to rent?
Many businesses see London as their ideal base as it offers numerous advantages over other cities in the UK, and is often the first name many international businesses think of when deciding to rent a commercial property in the country. One of the main reasons London continues to attract so many businesses is it's connectivity to hundreds of destinations around the world, as well as a diverse, multi-cultural population that provides an ideal working environment.