Location, location, location...

Finding the right business premises

There are lots of things to consider

Fortunately, we're on hand to help you make the right decision for you and your business. Check out our handy hints and tips below.

What do you need from your business premises?


Do you have a dedicated space to carry out your work?

Working from home

Do you have a dedicated space to carry out your work?

Location, location

Where should your premises be based?

Safety and security

Make sure you have adequate insurance for your premises.

Rent or buy?

Buying a property means you have an asset in your business premises, but you'll also take on some additional risk. If you rent you can move quickly and easily, but you are vulnerable if your landlord decides to sell the property.

Consider what you want from your premises, how long you'll need it and what works best for your budget. The key things to think about are:

  1. 01

    Do you need a property that will allow your business to expand?

    Commercial mortgages

    Sometimes you can quickly outgrow your premises or perhaps you need more property because your business is expanding. That’s where our Commercial Mortgage could help.

    Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

  2. 02

    Will buying a property put your company at risk financially?

  3. 03

    Do you need a property temporarily or for the foreseeable future?

  4. 04

    Location v affordability - which is most important?

  5. 05

    How will costs impact you now and in the future?

    Business finance options

    You might need a combination of a bank loan and finance from somewhere else to grow your business. Discover the finance options we could provide and how they can help.

    Security and / or a Director’s guarantee may be required. Product fees may apply. Over 18s only. Subject to status, business use only.

Consider all potential costs

It's important to think ahead to avoid any unexpected fees or outlays. Use our checklist below to make sure you've thought of all relevant costs

Potential cost checklist

  1. 01

    Deposit, rent and mortgage

  2. 02

    Business rates and utilities

    Business rates

    Find out more about how rates are calculated and what you need to pay.

  3. 03

    Renting parking spaces

  4. 04

    Decorating, renovations and alterations

  5. 05

    Solicitors and accountant's fees

  6. 06

    Insurance - contents and buildings

  7. 07

    Maintenance and repairs

  8. 08

    Equipment and signage - buy or hire

Can you work from home?

As more companies think about downsizing their office space and allowing employees to work from home, we look at how to get the most out of home working arrangements. Find out about the basics of homeworking, distance management tips and ways to get the best from your remote meetings.

Get your business idea off the ground

From the start, you’ll need to think about your approach to running your business and what support you might need to make it happen.

Something else we can help you with?