Finding the right building and arranging a conventional lease can be a lengthy task, and the costs of conventional leasing can be quite daunting.

To help find the right building, it's often necessary to appoint an agent to assist you in your search and negotiate the main terms of your lease. These must also go through a solicitor who draws up the documentation.

Costs of conventional leases include:

• basic rent costs
• service charges (basic running costs of the building, such as lift maintenance, cleaning and maintenance of common parts - levied by the building owner or managing agent)
• building insurance costs
• set up costs for fitting out the office(s)
• agent fees
• legal fees (including conveyancing fees, stamp duty, local authority searches & bank transfer fees)
• surveyor fees
• deposits
• incentives
• timing
• length of lease
• rent reviews
• break options
• repair obligations
• references
• the landlord and tenant account
• alienation
• VAT

So factoring in all these costs, Business Centres become a truly viable, less risky and a less binding alternative to conventional leases.

Cost Comparison: Conventional vs Jubilee Business Centres

Business Centres allow small-, medium-, and large-size companies to concentrate on developing and succeeding with their business plans, all the while knowing that all the tedious & costly aspects of running an office is totally taken care of, and at a fraction of the cost.

Call us today so that we can help you save money.