For any business their office space is important. It needs to be functional, easy for staff to get to and also make a good impression on prospective clients and existing customers.
Understandably, a lot of business owners almost automatically choose to locate in the center of a city, such as London. And for many, this may be the right choice. Maybe you provide financial services and want to be in the City surrounded by other similar businesses. Or are an estate agent covering Westminster.
However, there are many businesses who could actually benefit from moving ‘out’ of the center, and here are our 4 reasons why:
1. Easier access to your offices
Interestingly if you choose to rent an office space in Surbiton which is in zone 6 or Wimbledon, which are in Zone 3 for example, you will still have a fantastic access to transport links. However, most people travel into Town in the morning and out of Town in the evening. If your office is in zone 6, your staff and clients will travel in the opposite direction of the crowds and therefore have a more pleasant journey.
It can also work out a lot cheaper for your staff and clients, because they can potentially use a car instead of the expensive rail network.
2. Improve your chances of attracting the right, local staff
For every business being able to hire and retain good and loyal employees is essential. Without the right people, it is impossible for a company to serve its customers well. Locating your office in a place that is easy and inexpensive to get to will greatly improve your chances of being able to hire good quality people.
Currently, most workers are looking for a better work-life balance. So, the idea of being able to make a shorter, less stressful commute greatly appeals. If your offices are located in the outskirts of London or another big town, you can attract people who live further ‘out’ from the city center and shorten their journey to work.
3. Lower property prices for your workers
Being located in the outskirts of a city also makes it possible for some of your staff to buy a home nearby. This should also help you to retain good personnel. It also helps to keep stress levels lower, which means your workers should perform better. If your offices are in a city, usually the price of housing will mean that this is not possible and they will have to pay the high prices of the ever increasing travel cards.
4. Lower costs
Typically, the cost of renting an office space outside a city center is a lot lower. Usually, you will pay less in rent. Often, you will also pay less for your business rates. You should also find that you will end up paying less for things like cleaning, maintenance, and other services.
This means that you can easily afford to buy or lease a bigger office. That gives you more space to work with, which can help you to work more efficiently. It will certainly help when your business takes off and you want to expand.
So, as you can see buying or leasing office space in the outskirts or rural location instead of a city center really does make a lot of sense. If you want to compare the cost of leasing an office space in various locations, you can use one of the many online office relocation calculators to help you to do so.