Pros and Cons of Leasing an Office Space

In the last blog, we discussed the pros and cons of buying an office space. Like we promised in our last blog, here are the pros and cons of renting an office space or taking it on lease.

Let us discuss the pros of renting an office space first

Best property: As leasing is comparatively cheaper, one can look for the best location and maximum exposure while choosing the office.

More working capital: As your money is not invested in buying the office space, you can utilise a much greater percentage of capital as working capital.

Less paper works: Buying a real estate means a lot of complex and tedious legal paper works. When you lease a property, this amount reduces drastically. You can simply rent the space and then concentrate on more important aspects of your business.

However, like it was with buying the office space, renting the office space also has its cons.

Variable cost: Most of the rent or lease agreements come with the terms that the rents will be increased yearly.

No return of money: When your lease expires, you simply walk out of that property. Unlike an owned office space, you don't get anything from the property. Whatever rent you have paid gave you to enjoy the space for the certain time.

Like Indoworld Emporis Noida mentioned in the last blog, there is no clear cut answer to the office space buying versus renting question. We have some great commercial real estate, Emporis Tower in Noida for your consideration. Take a look at that if you are looking for office or shop space in Noida.

Source: http://panacherealcon.bravesites.com/entries/general/pros-and-cons-of-leasing-an-office-space