UK Office Space for lease or purchase header

1.Define basic requirements: Size and layout Expansion requirements Down payment available Mortgage terms desired Image and quality Geographical area Intangibles Client goals and assumptions	7 to 14 days
2. Preliminary Analysis: Preliminary market survey Sales comparables report Estimated mortgage calculations Proforma cash flow analysis Estimated lease vs. buy analysis	7 to 14 days
3. Selection / strategy with support team: Attorney CPA or Financial Advisor Space Planner Mortgage Broker Interior Design (if desired)	3 to 14 days
4. Determine alternatives available: General market knowledge of "deals" available Search of database / Commercial MLS Verification of terms and conditions Present list	7 to 90 days
5. Narrow down alternatives: Inspection tours of likely alternatives Selection of 3 - 5 best alternatives Preliminary space planning of best alternatives Selection of top alternatives	7 to 14 days
6. Analysis of alternatives: Financial analysis Layout efficiencies Intangibles and goal analysis	1 to 7 days
7. Final selection: Choose top alternative Establish terms required Prepare and present Purchase and Sale Agreement Counter offer as necessary	7 to 90+ days
8. Contingency Period: Review and note time requirements Hire appropriate services Do detailed inspections Finalize financing Make appropriate applications Remove contingencies in a timely fashion	15 to 90 days
9. Closing: Escrow Checklist	1 to 7 days
10. Tenant improvement or Renovation: Monitor progress Report progress Final walk through check	0 to 90 days
Total Time Required	55 to 430+ days
Realistic Time Frame	120 to 180 days

The Information Source For Users of Office Space
Since 1995

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The Information Source For Users of Office SpaceSince 1995

The Information Source For Users of Office Space
Since 1995