Traditionally, renting of an office space consists of taking a conventional lease on a property and overseeing every aspect, from the design and fit-out, to the office management itself. Typically, conventional leases are offered on a minimum 5 year term, sometimes with a negotiated break-clause.
In some instances, short term leases are available. Known as sublets for rent in London, this route consists of a sublease being granted by the current occupiers, to a subtenant.
A sublet can be made available on conventional terms, by paying rent, business rates and service charge, on a price per square foot, OR, on all-inclusive terms, paying a price per desk per month(i.e. similar to a serviced office, delivered with furniture, IT/Telephony, meeting rooms etc.)
Subletting can be a viable alternative to a serviced office, however, they are often in short supply and can be quite difficult to find. The process of acquiring a sublease is as time consuming as taking a traditional lease and will require legal review prior to completion.
Do you want to rent sublet London? Click Here to begin your search or contact our team on 0800 433 7888 and we will conduct a search on your behalf.