We pride ourselves on listening to your specific business needs to guide your company through the next stages of their property strategies.
We’re here to determine what your key drivers are, whether that’s to stay in your current offices on better commercial / lease terms or relocate to higher quality offices.
Having acted for entrants to the London market from start-ups through to large international household names, we provide the same level of focus and support and results that our occupier clients demand.
There are many steps to achieving the right results for our clients and this proven approach below, whilst far from exhaustive, should provide a useful framework
Your motivations
Understanding what your business motivations are for an office ‘stay / go’ – Are they, financial, staff retention, increased staff numbers, quality of accommodation, transport links, potential merger, sale or company acquisition.
Whatever your drivers, we will act discreetly and professionally to lead you through this journey, making it seamless and straightforward.
How much space?
Providing guidance on how much office space you require, if you decide to move or how to make the most of your current offices.
We can assist in workspace planning that factor in changes in your staff numbers or new ways of working.
Where’s the best location for your company?
There is a large disparity in rental levels across central London and we’ll talk you through all the locations that suit your business and budget.
Agreeing how much lease flexibility you need
This is often dictated by how much space you take, whether it’s already fitted with furniture or whether you need to amortise the cost of your fit out.
We will negotiate hard to build in lease breaks that don’t hold your business back.
What are your timescales
We create milestones, so you know what needs to happen and when, and communicate that to your colleagues. We are highly responsive and can move as quickly as you want, or manage the process to reduce any double property overheads associated with your existing and new offices.
Co-ordinating everything for you
We’ll coordinate all property searches, collate all information to include plans, photos, costs, speak to all property consultants in the market and crucially deliver up ‘off market’ properties, given our excellent relationships with landlords and their advisors.
We will coordinate and attend all property inspections with you and safeguard your company’s identify to avoid unsolicited approaches.
Financial modelling
Comparing rent, rates, service charge on all shortlisted options, whether this is to justify a decision to move or stay.
Lease negotiations
We negotiate tenaciously on our client’s behalf to secure the best financial and lease terms, including the preparation and commentary on detailed proposals/ Heads of Terms which Transact London receive and produce.
Work in partnership with your lawyers
From the preparation of Heads of Terms, comments on the draft lease through to lease completion, we work in tandem with your lawyers to make their work easier and keep their legal costs down.
Advice on your new office fit out
We can provide recommendations on reputable design / interior companies that can assist you in redesigning your current offices or creating the new workspace to suit your changing business functions.
Exiting your current property
Most leases require you to reinstate the offices back to ‘new’ or the condition at the start of the lease, which can prove costly.
Transact London work with several building surveyors to guide you through this process. They will review your lease liabilities and challenge your landlord to drive down this cost.
Expert support
Transact London have a panel of lawyers, business rates specialists, project managers, building surveyors and design and build companies that we can recommend for projects large and small.