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Advice regarding office lease offer.


jd8084

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A small office lease in the West Midlands that I'm considering is £6500 per annum / £10 sq/ft. 

What price do you think is reasonable to offer in light of covid and presumably lower demand?

My conditions would likely be a 12 month initial term with a 6 month break clause, though I would be happy to sign for 24 months. 

I appreciate that this is a niche question, I don't know that much about commercial property leases as I'm principally involved in residential. 

 

Many thanks.

James.

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