Subletting your office? Your questions answered
Subletting office space? With the growing popularity of the sharing economy and flexible working, subletting office space is gaining ground. More and more companies in the Netherlands see the benefits of sharing their office space with other businesses and professionals.
Subletting office space?
With the growing popularity of the sharing economy and flexible working, subletting office space is gaining ground. In the Netherlands, more and more companies see the benefits of sharing their office space with other businesses and professionals. Subletting your office space will not only bring you financial benefits, but also opportunities for networking and collaboration.
In this blog you'll read why subletting your office can be a smart move, and we answer the questions we come across regularly.
Am I allowed to sublet my office space?
In many cases you're allowed to sublet your office space. It's important, though, to check the main lease for your office and review any restrictions or requirements regarding subletting. In some cases a lease states that subletting isn't allowed, but we often find that when you ask about it, it's sometimes permitted after all. The landlord sees that granting permission keeps their tenant happier with the lease — which means a happy tenant for them.
How do I set the right price for subletting my office space?
Setting the right price for subletting depends on various factors, such as location, size, facilities and market conditions. It's advisable to research comparable office spaces in the area and look at the prices being asked. You can also seek advice on what a realistic price is to ask for your office.
Do I need to draw up a separate agreement for subletting my office space?
Yes, it's wise to draw up a separate sublease agreement that sets out the terms and responsibilities of both the head landlord and the subtenant. This can include matters such as the lease term, the payment terms, use of facilities and any restrictions.
Do I need to adjust my insurance if I sublet my office space?
It's wise to contact your insurance company and discuss how subletting your office space might affect your current policy. You may need to extend your liability insurance or take out a special policy for subletting activities.
How do I find subtenants for an office space?
Plekky is a suitable party to help you sublet your (spare) office space. Unlike the bigger players, Plekky gives customers the personal attention and time needed to find a suitable match. Read here how Plekky has already helped several companies find a subtenant.