There’s nothing quite like the big city buzz of London.
From the hustle and bustle of Oxford Street to the majestic splendour of Buckingham Palace and the painfully hip vibe of Kentish Town and Shoreditch, the capital of the UK is a veritable melting pot of more than eight million people and counting.
It’s also home to some of the world’s most successful businesses.
In fact, over 100 of Europe’s 500 largest companies have their headquarters in central London, which can make your fledgling firm seem like an insignificant speck on the horizon in comparison – but mighty oaks grow from small acorns.
Quite often, however, the biggest step on your journey from acorn to oak is the important decision to branch out and move from your spare room/garage/basement/coffee shop into bona fide premises of your own.
Need some help? Here’s how to get started …
Make the Web Work for You
Unless you’ve had a severe blow to the head, you’re well aware of how huge Blighty’s capital actually is – which can make finding the perfect premises a challenge that’s fraught with logistical and geographical hurdles.
Consequently, whether you’re looking for shops to let in London or something on the outskirts of the city, it pays to use the web to broaden your search and punch in the budgetary parameters that won’t leave you begging to the bank manager to cover your monthly rent.
Choose Your Location Wisely
If you’ve ever watched one of the many property shows on television, you’ll know just how important location is when buying, selling or renting premises. For new commercial ventures, however, securing a great location could be the fine line between winning and losing.
In the retail sector, for instance, a site with little to no foot traffic won’t enjoy much in the way of success, as potential customers are unlikely to make an arduous journey to a dilapidated industrial estate, even if your product or service is the best in the business.
Stick To Your Budgetary Guns
All business owners worth their salt keep a keen eye on their finances, which means you should try to avoid falling in love with premises way out of your budget, lest your accountant suffers a panic-induced heart attack.
Simply put, know how much cash you’re willing to splash out and stick to it. In years to come, if your business does eventually go from strength to strength, moving to larger premises will still be a viable option.
Now it’s your turn …
Do you have any tips for readers looking for shops to let in London? Please let us know by leaving a comment below – we’d love to hear from you.