The location of your new office space is another critical factor, perhaps more so in London than anywhere else due to the commuting pressure on your staff who may not be able to afford to live close to where they work. But it isn’t just the proximity of the commercial property to a tube station or bus network that needs to be taken into account. For some businesses the prestige or reputation of an area can be very important; perhaps certain clientele need to be attracted who may prefer some locations over others.
The attractiveness of some central London offices can also be affected by the congestion zone, both for staff and potential customers, depending on your business. Having several dedicated parking spaces outside of the congestion zone can be a huge bonus and may turn out to be better for your business than a more prestigious central London commercial property location.
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