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Checklist for leasing an office space

Checklist for leasing an office space

With Bangalore being the hub for start-ups it is, good office spaces are hard to come by. Here are a few things to look for when you need a new office space to lease:

  1. Start Early: Plan well in advance and start looking for properties as early as you can.
  2. Location: The success of your enterprise depends on the location. Find a space relatively easy to access in multiple modes of transport, be it metro, local trains, buses, or private vehicles.
  3. Business centers: Although properties in business hubs might be expensive, their location comes with the advantage of having cafés, restaurants, and hotels for all your conferences and meetings. Our commercial spaces are located in the heart of business hubs!
  4. Flexible lease: Longer lease terms will offer less flexibility to scale up or down. Plan well and pay for a space that is fully utilized.
  5. Amenities on offer: Setting up an office in an empty space is tough, tedious, and time-consuming. Make sure the space comes with all the necessary amenities and some furnishing to make the transition easier. Properties like HM TechPark make moving in and settling into the new space easier and faster so you don’t lose business days in transfer.
  6. Utilities: Ensure utilities like water, restrooms, power, and hardware for data connectivity are in place. Include the presence and terms of use of these utilities along with the payment terms.
  7. Design: An office that is designed with aesthetics and functionality in mind will motivate your team and enhance productivity. Find well-designed spaces that your employees will enjoy walking into every day.
  8. Costs: Leasing a space and maintaining the budget and company profits is a juggling act. Choose something that adds more than just space to your office. Upgrade does well for employee morale, upgrade well but within your spending budget
  9. Reliability: You get what you pay for. Choose well with reliable companies to make sure the quality of construction and maintenance are done well. This will save you money in the long run.
  10. Maintenance terms: Confirm with the landlord if the building maintenance is taken care of within the terms of the lease, whether it is over and above the lease, or whether it is not a service provided by them. In whichever case, make sure to add it to the lease agreement to avoid disputes.

Based on the scope of your business, the size of your company, the mode of operations, and the work culture you aim to build, there might be many other additions to the list. Office spaces of different sizes in all major commercial areas of Bangalore are waiting for you. Visit the commercial section of our website for more details.

Contact us at 888 0225555 to know more.

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