Central London Tenant Representation

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1 Central London Tenant Representation

2 80% 8 out of 10 professionals link the quality of their office space to job satisfaction A well negotiated lease will have a significant impact on overall occupancy costs 20% Properly designed office space can increase productivity by up to 20% Is your office space working as hard as you are? It s a fact of business life that your office space has a huge impact on the performance of your organisation and your people. Location, cost, layout, lease terms these are all issues that need to be considered before you can make a decision on whether your business is in the right place and achieving the best value. Our Central London Tenant Representation team is dedicated to providing bespoke and impartial property advice, covering all aspects of occupancy including: Negotiating new and existing leases Acquiring new premises Cash flow analysis Portfolio/lease event management Office consolidation/sub-letting Rent reviews and professional matters Rating strategy Resources and energy Landlord and tenant advisory Dilapidations Service charges

3 With you every step of the way Whatever your property requirements may be, experience tells us that every client brings their own unique set of circumstances. Our team is here to ensure that you have the advice and support you need, when you need it whether it s in advance of your next lease event or during it. Knowledge is everything We have the market covered. A central London specialist, we are focused on advising corporate tenants throughout central London and surrounding markets. Our team has been behind some of the largest and most significant transactions in recent years, with our understanding of the needs of tenants throughout the Capital keeping us at the top of industry league tables. From boutique offices to corporate headquarters, from listed properties to new builds, we have earned a reputation for helping all types of businesses find and secure the premises that are right for them. 1 2 Getting to know you Relocation v. Renegotiation We pride ourselves on our personalised approach and the person you meet at the first meeting will be the Partner you work alongside throughout the relationship. They will begin by building a clear picture of your organisation and your office space requirements both today and in the future. This will cover everything from your ideal location and learning how your business operates, through to your five-year plan and beyond. Your dedicated Partner will be responsible for steering the process from day one. As part of that remit, they will take the lead in assembling the professional team required throughout the various stages of the transaction. You may wish to work with your own lawyers or architect, for example, or you could ask us to recommend specialist advisors to you. In each case, your Partner will be there to ensure that you have the right information and the right team around you. Before you make any decision on whether to look for new space or renegotiate your existing lease or indeed whether your smartest move is to maintain the status quo it s vital to have a clear idea of all of the options available to you. Time is often critical and we recommend setting the process in motion months prior to the next lease event (such as a lease expiry or break clause). Our team s in-depth experience of the London property market means that we recognise good value and can advise on the best solution for you. After accompanied property inspections and a detailed analysis of all options, you will then be in a position to make a fully informed decision about how to progress. West End & Midtown City Docklands Open the flap to find out the locations we work in

4 Like every journey, this one starts with a single step If you would like to know more about how we can help, please contact: Michael Baker [email protected] struttandparker.com Securing the right solution Moving in Working with you long term During negotiations, our primary focus is to secure the right solution, delivering the most value for you. This goes far beyond simply agreeing a favourable rent. We would seek to secure the best financial and legal terms, to include the best possible incentives such as a rentfree period and/or fit-out contributions. It is also important to ensure that the lease has flexibility to meet future as well as current requirements, such as the ability to break, re-negotiate, sub-let or assign your lease. There can be a lot to think about but we have it all covered. With a decision made and a lease negotiated, your Partner will continue to steer the transaction through to completion, maintaining close links with fit-out consultants and contractors. Working alongside the professional team, they will ensure that all associated documentation is executed within the dedicated time frame so that you can move in smoothly and on schedule. Our involvement does not end when you move into your new space or sign your new lease. Your Partner will remain in regular contact and be on hand to offer advice when needed. You may wish to discuss changes in business rates or the service charge, for example, and the implications that would have on your business. We will also maintain a watching brief on the market and be ready to act when your next lease event, such as a rent review, approaches. By working this way, we have developed many relationships with our clients over the long term, helping them to ensure their property continues to deliver for their business as they grow and diversify.

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