Subleasing

Advertiser (Sublessor)

Thinking about what to do with the empty space in the back room? Here are some of the many benefits of subleasing (or sharing) your unused commercial space: 

	Increased Revenue Subletting unused space can be a valuable source of additional revenue, particularly during a recession.
	Networking Subleasing commercial space can provide a synergistic marketing solution. Sharing space with related professionals allows the synergy of building your referral base with other similar non-competing businesses. Even if you don't share with a complimentary business, you can still enjoy a good chat around the proverbial water cooler.
	Reduce Waste There's a strong sustainability point to utilising wasted space and sharing facilities, which suits well with many companies' eco friendly stances.
	Solution For Downsizing For a company that has downsized significantly, it is far easier and cheaper to sublease the surplus space than to move to an entirely new premise.
	Flexible Terms Subleasing your commercial space allows for a more flexible short-term contract. This works well when unsure of what growth your company may encounter in the near future.
	Workplace Creativity And Diversity Small businesses and creative industries in particular are often attracted by the idea of additional people in the office. This creates an all important office buzz and can complement creative thought.

New Tenant (Sublessee)

Looking for an address for your business? Here are the advantages of subleasing compared with finding a whole new premise on your own:

	Save Time And Money Sharing space with another company works out cheaper. Most shared spaces come furnished and in working order, there is no need to spend a large amount of time and money setting up.
	Credible Address Many small businesses can’t afford a large space in a prime location. However, sharing space can allow for a credible address and business presence at a much lower cost.
	Shared Use Of Common Areas And Equipment Sharing workspace can also allow for access to reception staff, meeting rooms, printers, kitchen facilities, furniture and cleaners at a reduced cost and in some cases free.
	Networking Subleasing commercial space can provide a synergistic marketing solution. Sharing space with related professionals allows the synergy of building your referral base with other similar non-competing businesses. Even if you don't share with a complimentary business, you can still enjoy a good chat around the proverbial water cooler.
	Flexible Terms Subleasing allows for more flexible short-term contracts, instead of being clamped down by say a 5-year lease. This is ideal for small business expecting large growth or looking to downsize.
	Enhanced Creative Environment Creative companies find sharing workspace with businesses from a similar industry helps develop creativity. Bouncing ideas off like-minded individuals always helps to grow an idea.