Maximising Value: Cost-Saving Tips for Renting Office Space for Larger Teams

Strategies to Secure Quality Office Space for Growing Teams Within Budget

With commercial property prices in UK cities reaching stratospheric heights, finding affordable office space for larger teams can feel like an insurmountable challenge. However, with a strategic approach and a clear understanding of your requirements, you can find high-quality office space without breaking the bank. Here are some ideas to help you get the best value for your money while maintaining the standards your team deserves.

Precisely define your needs

Before you start looking at listings, conduct a thorough assessment of your team’s needs. Determine the amount of space required not only for immediate operations but also for future expansion. Consider the number of meeting rooms, breakout areas, and essential facilities such as kitchens and lounges. An accurate understanding of your requirements will prevent you from overpaying for unnecessary space or looking at spaces that just won’t fit everyone in.

Embrace flexible lease agreements

Traditional long-term leases can be financially restrictive. Instead, seek out flexible lease options that allow you to adjust your space as needed. Short-term leases or agreements with break clauses offer the flexibility to scale your space up or down as your team size fluctuates. This adaptability can lead to significant cost savings over time.

Investigate co-working spaces and serviced offices

Co-working spaces and serviced offices are no longer just for startups and freelancers. The Brew now offers coworking solutions tailored for larger teams, including private spaces and custom setups. Our spaces come with all-inclusive pricing, which covers utilities, maintenance, and cleaning, providing a cost-effective alternative to traditional office rentals.

Don’t be afraid to negotiate

While prime city centre locations are attractive, they come with a premium price tag. Consider places that are less central but still well-connected by public transport. We fell in love with Shoreditch because of its youthful buzz and vibrant energy. Basing your team in this creative hub can offer significant savings while still providing an enviable address and convenient access for your team.

Be strategic about location

While prime city centre locations are attractive, they come with a premium price tag. Consider places that are less central but still well-connected by public transport. We fell in love with Shoreditch because of its youthful buzz and vibrant energy. Basing your team in this creative hub can offer significant savings while still providing an enviable address and convenient access for your team.

Optimise space efficiency

Efficient use of space is key to cost savings. Implement flexible working arrangements like hot-desking or remote work policies to minimise the amount of office space needed. An open-plan layout can also maximise the number of workstations without compromising comfort and productivity.

Prioritise energy efficiency and sustainability

Buildings with high energy efficiency ratings and sustainability certifications often have lower operating costs. Reduced energy consumption can lead to significant savings on utility bills. Moreover, these buildings usually offer a healthier work environment, enhancing employee well-being and productivity.

Renting office space for larger teams in major UK cities doesn’t have to be prohibitively expensive. By carefully assessing your needs, exploring flexible and shared options, negotiating terms, and optimising space utilisation, you can secure an office that offers excellent value without compromising on quality or location. Additionally, leveraging the expertise of commercial real estate advisors can further enhance your ability to find the ideal space. With these strategies, your team can thrive in a well-appointed office that supports growth and collaboration.

Whether you’re looking for a co-working space, a private office or a tailormade solution, The Brew can accommodate teams of all shapes and sizes. With a growing number of locations in London and across the UK, we can help you find an office for your team to call home.

About The Brew

The Brew has co-working spaces and flexible office spaces for teams from 1-100 people in Shoreditch, very close to Old Street underground station .

We offer free-to-use meeting rooms, a five-star member experience, regular business seminars, events and wellbeing sessions, a fantastic global network, membership benefits – and lots more!

Prefer to have a chat?

No problem! Call us on 020 7770 6283.