There are three main costs to budget for when renting an office, industrial unit or shop: rent, business rates, and — where the building isn’t self-contained — a service charge or estate charge. Rental rates vary depending on property type, specification and location, so it’s worth getting a clear breakdown of all three before agreeing terms, not just the headline rent.
Getting the full picture
Rent, business rates and service charges together make up your total occupancy cost — and it’s this combined figure, not just the rent, that determines whether a property works for your budget. Our team can talk you through the full cost breakdown for any property you’re considering.
