Finding the perfect office space for your existing business or new venture isn’t always the easiest process. But it’s an important one, because you need to give your business and your people the best chance to thrive in their new environment.
When choosing a new space, there are a number of factors to consider. Unfortunately, we’ve seen many businesses sacrifice some important, non-negotiable requirements, simply because they were fed up with the process. And then, down the track, their office wasn’t benefiting them as much as it could have been.
As a Sydney commercial tenant advisor, we hate seeing this happen, because it’s simply not necessary. We want every business to hit the ground running when they arrive at their new Sydney office space, which is why we’ve put together these six tips for finding the perfect office.
Think about location
Location is obviously an important consideration for every business. Larger companies can often afford to set up shop in the most bustling areas of the CBD, close to public transport, entertainment and other amenities. But that’s not every business.
When selecting a location, think about:
- Travel distances for staff
- Proximity to customers, clients and stakeholders
- Infrastructures like public transport and roads
- Nearby parking (if you don’t have parking in your building).
If all of your employees live in one area, it does make sense to ensure your new office space is in an accessible location for them, closer rather than further.
Accessibility
Accessibility can mean two things.
Firstly, your workplace must be accessible for disabled and less able employees. That means there must be ramps, working elevators and appropriate bathroom facilities. These days, most offices have a good level of accessibility for handicapped people.
Secondly, your new building must be in an accessible location for employees. Selecting an office in a very difficult part of the city, away from public transportation and without adequate parking, will only frustrate your workers. In extreme cases, they may even leave your organisation because of poor accessibility.
Find a balance of space
There is a fine art to locating an office with the perfect amount of space for your business. You need to strike a balance between adequate space for now, and for future expansion, while ensuring you aren’t paying for space you’re not actually using. This is where a Sydney commercial tenant advisory is worth its weight in gold.
At Niche Tenant Advisory, we’ll sit down with you and discuss your needs in-depth, so that we can paint an accurate picture of exactly what you need from your new Sydney office space. From there, we’ll help you locate offices that fit your requirements, so that you’re not too cramped, and not paying too much for your space.
To get a rough estimate of how much space you may need, take a look at our office space calculator, or simply get in touch with us today.
Know your budget
It’s absolutely critical that you know your budget before you begin hunting for a new office. If you don’t have a firm idea of how much you want to spend, how much you should be spending each month, and what your ideal office space will cost, you could be setting yourself up for disaster.
We work with a wide range of office-based businesses, using our understanding of commercial property in Sydney to ensure your budget is realistic. We’ll give you a clear idea of what you can expect to afford, and how much your dream office space will cost. Then, we’ll use our market knowledge to find properties that fit your needs and your budget.
Going it alone can result in serious financial problems for your organisation. If you pay too much, your business will be taking an unnecessary hit. It may impact other operations, leaving less money for investment in people and equipment. On the other hand, if you pay too little, you might not be getting what you need…
At Niche Tenant Advisory, we’re ready to help put you and your business in the perfect position to thrive.
Essential amenities
There are some essential amenities that every single Sydney office must have. These include, but aren’t limited to:
- Quality bathrooms
- A functioning, well-designed office kitchen
- Meeting rooms
- A breakout space
- Multi-purpose space.
These basic amenities will provide the comfort and functionality that your staff deserve. They will ensure your office is a quality workplace and allow your employees to focus on their work, rather than a poorly equipped workspace. Ensure these amenities are present, and you’ll be forming a solid foundation for your business.
Think about parking
Parking is important for employees and clients who wish to drive to work. Does your ideal facility have an underground parking lot, or high-rise parking area? Is there a public parking facility nearby, or enough street parking available?
If there isn’t adequate parking at all, employees will be the ones who are most impacted. This can drive employee dissatisfaction and in extreme cases, people may well leave your organisation because they are unable to park their cars nearby.
Ensure you do your research on location, paying particular attention to whether or not there is adequate parking available in close proximity. At Niche Tenant Advisory, it’s our job to know Sydney commercial property, along with location. Simply get in touch with us to find out more.
Ready to find your perfect Sydney office?
Get in touch with Niche Tenant Advisory today!
We can’t wait to hear from you.