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Large Office Space For Rent – The True Cost Of Renting An Office

Large office space for rent may be something you are looking for at present. When looking to rent a room of any sort, it is important to calculate how much it is going to cost you so that you can budget effectively. The monthly rental fee is just one of the expenses you need to consider.

It is important to have a true picture regarding the cost of renting an office space before you sign on the dotted line. Firstly, you need to find out the cost of rental per month, as well as the deposit, which needs to be paid upfront. While you should get this back once you end your tenancy, you must budget for it, as it is a big outlay in the beginning. Aside from this, there are many other costs you may face throughout your tenancy. One example is energy bills. Electricity and gas is a major outgoing for businesses, but this does not mean that you need to pay over the odds for it. You should try to get off the ‘deemed contract’ you may initially be on when moving into a commercial office space, as they can be as much as 80 per cent more expensive than standard deals. You also need to budget for business rates when looking for an office for rent. Business rates land at the start of April every year, and they are taxed based on the rateable value of the property. You also need to have insurance in place and you may be subject to a service charge, especially if you rent out an office that is part of a bigger block.

If you are looking for a large office space for rent, look no further than Bellrooms Ltd. We have a wide range of rooms and spaces available, making it easy for you to find the perfect spot for you. Head to https://www.bellrooms.com/ for more information.