The Importance of Location in Commercial Property Leasing

Experts have stressed choosing a commercial office space for lease over buying one, as it brings along an array of benefits, especially for SMEs and young startups. If you too have just begun your business or are in the initial stages, you too must look for a commercial office space for lease. But before you choose a commercial office space for lease in Pune or even a luxury office space to buy, there are several factors you need to consider. The first and foremost being the location of a commercial office space for lease. In this blog, we will explore the importance of a location while zeroing in on a commercial office space for lease. In addition, we will also take a look at KWT - commercial office space for lease, also touted as Pimpri’s Global Business Destination. Read on to know more. 

Why are the important aspects of a location one must consider while choosing a commercial office space for lease?

Choose a commercial office space for lease in a location with easy accessibility 

Accessibility is the most crucial aspect of any location. Your employees, clients and partners would love commuting to a location that is easily accessible. When you look for a luxury office space or a commercial office space for lease, make sure it is in proximity to major transportation hubs, highways, and public transport. 

Visibility - an important aspect for retail businesses KWT covers 

Visibility is one of the key factors for retail and customer-interaction businesses. A location that offers your business maximum visibility, needs to be your top priority. This ensures that you immediately grab the attention of people passing by, and benefit from maximum footfalls, which is half the battle won. KWT, Pimpri’s global business destination with retail spaces and commercial office space for lease has thoughtfully covered this aspect and is attracting top brands to set up their retail space here. 

Choose a commercial office space for lease that’s in the vicinity of your target audience 

In whichever category your business is, you need to understand your target audience. And hence, being in a location that allows you to reach your target audience effortlessly. A commercial office space for lease in a strategic location enhances your business appeal by serving the right set of customers effectively. 

Infrastructure matters for a commercial office space for lease

Access to essential social and civic infrastructure is of significant importance if you are looking for commercial office space for lease. Choose a location that is renowned for having robust social and civic infrastructure, as your employees and clients would prefer being in an environment that is conducive and hassle-free. What such commercial office space for lease does for your business is it enhances the reputation of your business.  

Choose a commercial office space for lease in a location that simplifies networking and collaboration

Look for a commercial office space for lease in a location that is home to MNCs and global IT firms. By being in the right location that offers you endless possibilities, you open the door of opportunities, helping your business grow quicker and scale new heights. By being in proximity to other companies, potential partners, and industry events, you create opportunities for networking and collaboration, which can be instrumental in your business's growth.

Check the legal aspects of a location before finalising a  commercial office space for lease

Each location comes with its own set of zoning laws, regulations, and legal requirements.You will have to make sure that the location of your commercial office space for lease is suitable for your business type and that is in compliance with the legal regulations. This will ensure your business runs smoothly, and you won’t have to worry about facing legal hassles. 

Go for a luxury office space in a location that has a proven track record 

If you are thinking of buying a commercial office space for lease instead, choose a location that has a proven track record of steady price appreciation, and has a lot of potential for growth in the near future as well. Look for locations that have space for growth or are part of a dynamic and evolving business district.

 

Kohinoor World Towers (KWT), Pune

(MahaRERA No : P52100028796)

If you are looking for a commercial office space for lease, you must take a look at KWT, Pimpri’s global business destination with luxury office space and retail spaces. Strategically situated just a few metres from the upcoming Metro Station, KWT offers you smart-sized and large-sized commercial office space for lease. This commercial office space for lease in Pune ranges from 2000 sq. ft. to 65000 sq. ft. 

Related Post - Commercial Office Space Leasing: A Step-by-Step Guide for Businesses

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