The lease clock
How much time do you really have?
When does your lease expire?
20months left
Now is the right time.
We recommend starting 12–24 months before the lease expires.
24 mo
Needs mapping
Space, ways of working, location and growth plans.
18 mo
Market analysis
The whole market – including unadvertised space. Stay or move?
12 mo
Negotiation
Benchmarking and negotiation – using alternatives as leverage.
8 mo
Lease
Flexibility, options, service charges and maintenance duties.
5 mo
Project & fit-out
The landlord’s decision schedule, fit-out and deliveries.
Expiry
Move-in
Handover – and checking you got what was agreed.
A typical timeline – every project is different. If premises need rebuilding or adapting, start even earlier.
Three things to check today
1
Review the lease
When does it expire, and what is the notice period? Are there options – and when must they be exercised?
2
Assess your premises
Are you the right size? Do the premises support how you work today?
3
Check the market
What is the market rent for comparable premises – and what are you paying?
From the article 3 tips for a better grip on your company’s lease.
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