Whether you choose to work from home or are looking to rent or buy a business premises, you may like to read our commercial property articles which cover the various options for small business or new business start ups. (We also have a section dedicated to working from home.)
A list of useful contacts in London-West who are keen to help you can be found below.
Deciding where to run your business could be determined by the nature of your work, running a restaurant from home is probably not a good idea and a window cleaning business is unlikely to need swanky offices!
Work from home: Working from home is definitely the cheapest option, but not always the best. You will need to ensure that you can separate home and work life. Will you be able to motivate yourself and concentrate, or possibly even more tempting—avoid the temptation to work all the time? Advantages: Cost, convenience, easy to set up, the kettle is close by! Disadvantages: Domestic distractions, possibly lone working, holiday cover, the kettle is close by!
Top tip! Check to make sure that your lease/house deeds do not prevent you from operating from home. If required, obtain permission from your landlord or building society.
Office or workspace? Starting in an office or workshop will involve higher set up costs than working from home but may be more appropriate particularly if you are planning to employ staff or if your customers come to you. There are important health & safety issues that you will need to be aware of if you are planning to work from any premises. The HSE (Health & Safety Executive) offer free explanatory leaflets at http://www.hse.gov.uk
Lease: A lease is a contractual agreement to rent a property. But do you rent or buy? Your financial situation could decide this for you, but if you chose to lease/rent, think extremely carefully about the implications. Lord Forte is famously quoted as saying three most important considerations are LOCATION, LOCATION, LOCATION! However, the better the location the higher the rent!
Length of lease? You may have to pay a substantial premium for a longer-term lease.
Who is responsible for repairs? Take legal advice. You want security, but do you want the legal obligation and for how long? Business success or failure may mean that you need smaller/larger premises in the future. Ask about a ‘break clause’ which could present an ‘escape route’ at a defined point.
Purchase: Purchasing your property could prove to be an attractive long-term proposition. You will be giving yourself security of tenure, possibly an asset that will rise in value, and any repayments will be reducing your loan rather than simply paying rent to somebody else. You will need to use a solicitor to conduct the purchase, and definitely pay for a full structural survey.
License: With a license, the property owner is effectively saying “OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave.” The advantage to the owner is obvious, but it can also be a flexible and inexpensive way for a new start to move into premises. Licences are usually relatively short term.
Serviced offices: Working from your garage or garden shed can appear amateur to prospective clients and lack the kudos of an official business address. But there is an alternative that will keep you sane without bankrupting your business before it’s even off the ground. Renting a desk in a shared office offers the best of both worlds. You’re still your own boss, but you’ll have the business support services, such as internet connection, a receptionist, meeting rooms and technical support, all available on site. You’ll have total autonomy, but feel like you are part of a community.
If you run your own business in London-West and would like to learn more about premises or working from home, we have compiled a library of useful resources and frequently asked questions which we hope that you will find both interesting and useful.
Ashwell Rogers is a multi-disciplined commercial property advisory service that prides itself on providing a long standing high quality professional service to its clients, achieved by giving every client direct access to our well established and market leading Partners. 020 7734 7766
Ashwell Rogers is a multi-disciplined commercial property advisory service that prides itself on providing a long standing high quality professional service to its clients. 020 7734 7766
Barr Gazetas Architects and Masterplanners
Office designers Barr Gazetas-Office Architects and Interior Designers with office design experience which encompasses office design and build, retail design and build, Restaurant interior design and architecture while also employing a number of new construction concepts within their leisure, retail, commercial and domestic projects Architect Design Services 0044 (0)20 7636 5581
Commercial Interior designers and retail designers Brinkworth design London employs a number of new construction concepts within their leisure, retail, commercial and domestic projects 0044 (0)20 7613 5341
Meeting space and Event Space in an inviting hospitality setting, enabling our members to thrive in their surroundings with like minded individuals.
Copping Joyce Chartered Surveyors LLP
Chartered Surveyors London and commercial property services from Copping Joyce London, commercial property agents offering landlord and tenant services, Mortgage Valuation Reports, Property Valuations, Building Surveyor, offices to let in london, offices for sale london and commercial property services. +44 (0)20 7749 1040
DAMP SOLUTIONS ON SITE
Damp Proofing and Timber Preservation Specialists: Cost Effective Solutions for all forms of Damp and Timber defects...Prompt Local Surveys... 020 8761 6606
Easyshift Removals and Storage
London removals firm and north london removals EasyShift removals are a experienced quality north london removals company skilled in household removals, domestic removals, business removals, storage and packaging 0845 843 0000
GreenWorks provides a sustainable solution to large commercial organizations that need to dispose of redundant office furniture. Our service helps them to meet their Corporate Social Responsibility and Environmental agendas by diverting this furniture away from landfill and we then make it available to the Third Sector and also to start up and expanding businesses. Our operation also allows us to provide employment, placement and training opportunities for long term unemployed people and those from disadvantaged backgrounds. 0845 230 2231
Philip Brouard - architect
Chartered Architects, Development Consultants and Surveyors specialising in healthcare, residential, social housing, affordable housing, private luxury housing, conservation work and work to Listed Buildings, Commercial and Education work. 020 3170 7217
secure storage london
If you are looking for a flexible, comprehensive self storage company in London, you are looking for Safehouse. With 500,000 sq ft of flexible storage in London available, when you need self storage in London, you need not look anywhere else. 0208 889 9955
Modern self storage facility in South Wimbledon. We offer 24/7 access and the latest in security. We are currently offering a one month free trial of our facility. Take advantage of our generosity and free up space in your premises by using ours, Free! 020 8540 2439
The Business Centre Specialist
Consultant specialising in advising Business Centres both in the Public and private sectors. Either existing business centres or new centres 7879485898
voxclever is one of the leading virtual office providers in the country. We provide 70 prestigious office locations around the country, including over 30 in the Greater London area, and a decicated call handling service. This means voxclever can help your company to portray a professional business image and ensure you never miss those important phone calls. 1189908068
W1 Virtual Office
Award winning provider of London virtual office services, including mail forwarding and telephone answering. 020 7788 7788
Your Office Search
Your Office Search helps people find office space, serviced offices, flexible offices, temporary offices and managed office space available for rent in London and throughout the UK. See website for more details.
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