First hand experience & working knowledge of the flexible office sector is gold dust for any new and emerging landlords considering a move into Flex. With ever increasing void rates, its very tempting to switch a traditional leasehold stock into a flexible working product. Of course there are numerous factors such as capex spend and concept design that needs laser focus.
Entering the flexible working sector can be a daunting venture, involving considerable capex investment and risk but the ERV (estimated rental values) can be really worth it. Not only can it add desirable amenities to a development or building but it can potentially increase your asset valuation and ultimately profits.
Flexible working experts can offer you everything from feasibility work, financial planning & modelling tools, marketing support & reports, crucial fitout and design advice, understanding technology & data and so much more.
So, if you're planning an entry into this dynamic market, get some trust advice first!
I've personally been at the coalface for almost 13years now. Directing multi-site operations, opening in new markets, recruiting top tier talent, brokering enterprise office deals and advising landlords on entering this risky, yet lucrative market. if you'd like to chat about a space or building or would like some advice on who to speak to, get in touch.
All Rights Reserved | MB Consulting | Professional Indeminty £1M