TSP Commercial property services: 7 reasons to relocate offices
If relocating your business has been on the cards for a while but you can’t decide whether to uproot or if easier to stay put, take a quick look at these most common and practical reasons for choosing to relocate offices.
If your current office space is bursting at the seams with industrious employees and desks piled practically on top of one another, then up-sizing is probably in order. Keep future growth objectives for the company in mind though as you search for new office space so you don’t have to relocate again too soon.
If you’ve recently undergone a company restructure you may find that your current office space is actually too large for your needs, and there’s certainly no need to occupy a half used office. If you’re not sure how much space you need, speak to a TSP team member who can help you calculate how much space you actually require.
3. LOCATION LOCATION LOCATION
The whereabouts of your office is not only imperative for the convenience of your staff, shareholders and guests, but should also make a statement about who you are as a company. Take a look at some of the office space currently available in London and get some ideas to what’s out there.
4. MAKE AN IMPRESSION
Whether your business is client facing or not, acquiring new office space is the perfect opportunity to upgrade to a new space you can individualise to help reflect your brand image, motivate your team and make a dramatic first impression to all who visit. Go ahead, make your competitors jealous.
5. LEASE RENEWAL & EXPIRATION
A simple renewal or expiration of an office lease means that companies get to review their options, re-evaluate the market and go in search of a competitive deal that will fit all your requirements.
6. ACCESS TO NEW MARKETS
If a company is striving to attract new clients it may be necessary to relocate to a different location to be nearer prospects, clients or even a new talent pool of potential employees. You can view all London’s current rental values in TSP’s Office Relocation Guide, giving you a better idea of which areas you can afford to consider.
7. BETTER FACILITIES
Companies often find that their current office facilities are too outdated to carry out their tasks efficiently, or wish to give their company a new image by moving to more a space with more modernised facilities. Moving to an office with better facilities can dramatically improve your company image, allow for more space, and improve productivity.
THINKING OF RELOCATING OFFICES?
Click on the image below to download our Office Relocation Guide, a free resource full of helpful tips and tools including current office rental values, types of office space, checklists and much more!