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What are the benefits of using an estate or letting agent when searching for an Office Space Mayfair

One can approach the letting of an Office Space Mayfair in two ways. First of all, one could go for a conventional office space by renting premises directly from the landlord. This has both pros and cons. The second alternative is to employ estate or letting agents who can handle various elements of the letting process.

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What are the benefits of using an estate or letting agent when searching for an Office Space Mayfair

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  1. What are the benefits of using an estate or letting agent when searching for an Office Space Mayfair One can approach the letting of an Office Space Mayfair in two ways. First of all, one could go for a conventional office space by renting premises directly from the landlord. This has both pros and cons. The second alternative is to employ estate or letting agents who can handle various elements of the letting process . Although conventional office space does offer benefits of different types, there's a compelling argument to be made for working with an estate or letting agent when trying to find business premises . The benefits of working with an estate or letting agent Almost no companies and individuals have time and resources to trawl through different Internet and other office space rental listings; there are basically too many. Agents are uniquely placed as they have databases of all available spaces in the area or areas in question. They often know about spaces that are available before they are formally available for the general public. In addition to listing available spaces, these databases permit property consultants and agents to easily match tenants to premises by looking for specific requirements like location, size, leasing and other fees, lease period and various other relevant factors. This opportunity to match office space to tenant's preferences isn't easily replicated by businesses or individuals. Once the potential office space has been identified, agents also set up viewings and this saves their client a great deal of valuable time and problems. Many agents may check premises prior to taking customers to see them. This also prevents time, a precious thing today, being wasted. After a client has decided on the premises that are suitable, the agent provides a further service that has enormous benefits: negotiating terms and drawing up the lease contract and proving the would-be tenant with invaluable advice and info. Again, veryfew people have the time or

  2. experience to deal with the legal and financial aspects. Badly drawn up agreements could cause several problems down the line or even result in unforeseen charges . If you use an agent, how long will the procedure take? This is a little like asking, "How long is a string?" The timescale involved is affected by numerous factors such as availability, spending budget, landlord specifications and so on. The key steps of the letting procedure are: - Locating and viewing suitable buildings - Discussing and agreeing terms - Conveyancing and other legal factors - Fitting-out the premises - Moving in If one is fortunate, the stages of viewing buildings and agreeing leasing terms can be finalized in one week. Nevertheless, if demands are really specific or there's disagreement over conditions and more protracted negotiation is needed, each of these stages could take two to four weeks. Conveyancing often takes a month or two or four to eight weeks. The timeframe for the fit-out of the premises is based on what the tenant needs but this estimate includes the time needed to move furniture and staff in! To get more details, just ring 020 7100 7500. Copyright @ Occupa Commercial Property Consultants

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