Attracting Commercial Tenants: Our Advice to Landlords

Finding commercial tenants for a vacant space is an important task for any landlord, and particular property and lease features can help make a space more appealing to commercial tenants.

We help landlords to find commercial tenants by creating an interior that ensures a property stands out from the crowd. We also help tenants with their lease negotiations, which has allowed us to pick up useful pieces of knowledge that help landlords to offer an irresistible package to occupiers.

Here are some techniques to help attract commercial tenants to your space!

1. Invest in a Quality Cat A Fit Out

Making a visual impact through a smart and professional interior is a sure-fire way of attracting commercial tenants to your space. The standard of your interior and the finishes within it can be the make or break for a potential occupier searching for a new office space to reside in.

An increasing proportion of property developers and landlords are creating impressive spaces to attract their commercial clients. Many businesses have become savvy to the benefits of an attractive office environment on the wellbeing and happiness of employees. Because of this, the aesthetics and quality of interiors has become a bit priority for many businesses in their property search.

A quality fit out will also help to save you costs in the long-run, as features will withstand the test of time and require less maintenance work over the years. For more information on what a Cat A fit out involves, click here.

2. Offer Attractive Shared Spaces

Quality shared spaces are an attractive feature for many occupiers, so it’s worth considering the quality of the shared facilities on offer to your commercial tenants. These facilities might include a reception area and restrooms, or may include shared breakout spaces and meeting rooms too. Updating these areas to ensure they emanate a smart and professional look can help you to attract businesses to your vacant spaces.

3. Consider a Cat A+ Fit Out

More traditionally, landlords would carry out a Cat A fit out and tenants would carry out a Cat B fit out. However, Cat A+ fit outs are shaking up the commercial property scene!

A Cat A+ fit out offers more design-led features than a standard Cat A finish, acting as a hybrid between a Cat A and Cat B fit out. A Cat A+ scheme can be attractive to potential occupiers looking to fill a space quickly, as the interior is ready for tenants to move straight into. It’s also an attractive option for occupiers who don’t wish to spend the money on a full Cat B finish themselves, and don’t want the cost or hassle associated with dilapidating their own Cat B interior at the end of their lease.

4. Reconfigure Your Floor Plate

Put yourself in the shoes of your potential occupiers to make sure your space meets their requirements. A large business is likely to want a large floor plate that allows them the ability to turn the space into an agile and flexible environment designed around their team.

Small floor plates, on the other hand, will attract smaller clients with smaller lease budgets, so make sure your floor plate reflects the type of business you are trying to attract to the space.

5. Offer a Lease break

Lease conditions can affect a landlord’s ability to attract commercial tenants. A long lease can be daunting for businesses, especially for start-ups and particularly following the turbulence of the pandemic. Offering a break clause in your lease offers tenants, and you as the landlord, to end the lease early.

Offering a lease break clause within your commercial lease can offer peace of mind to businesses and provide an attractive level of flexibility to occupiers.

These techniques and features can help landlords to attract commercial tenants to their property, and we have created our Built for Lease service to complement just that. We specialise in creating impressive, smart and quality design and fit out finishes to place vacant spaces into a strong position on the market. Let us create an environment that occupiers want from the moment they step through the door.

Fill in the form below to enquire about our services and find out how we can help you to attract commercial tenants!