What a ten-year lease really costs
The rate on the listing is the smallest number in the deal, and a decade of additional rent, fit-out and exit costs can roughly double it.
#costs
10 articles10 articles on New Club Cocoon tagged "costs."
10 articles
-
-
The office that shrank and got busier
A firm gave up a third of its floor, spent the savings on the rooms people actually used, and found its office fuller than before.
-
Six weeks to fit out a corner café
The build took six weeks because the hard part, the drawings, approvals and orders, happened in the four months before anyone picked up a tool.
-
How to read a retail footfall report
A landlord’s traffic numbers can help you price a unit, as long as you know how they were counted and turn them into sales you can test.
-
Make good: the bill that arrives when you leave
Restoration clauses sit quietly in a lease for years, then turn into a five-figure invoice in the final month unless you deal with them early.
-
Who still signs flex-space deals
Flexible offices cost more per desk than a conventional lease, and for a surprising range of tenants that premium is exactly the point.
-
The building that knows when you are in
Occupancy sensors, smart badges and building dashboards are moving into ordinary offices, and tenants should know what they are agreeing to.
-
Seven kinds of proptech tenants actually use
Skip the pitch decks: these are the property tools that small commercial tenants open more than once a month.
-
Sublet or sit tight: the empty-desk problem
When half your office sits empty most days, subletting looks like free money, but the lease decides how much of it you keep.
-
Gross, net and triple net leases, explained
The label on a commercial lease tells you who pays for taxes, insurance and upkeep, and the real answer is always in the fine print.