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Benefits of an agent in a tight market

4th February 2014

Benefits of an agent in a tight market

Morgan Pryce is a tenant acquisition agent and only ever acts for tenants looking for office space in Central London. We have access to the entire Central London office market and are not tied to any particular buildings or landlords. This is all we do as a company and we are best placed to know what spaces are available at any one time.

We are adding real value in the current tight market at the moment through knowledge of what space is coming up and off market opportunities. Should you instruct us to help you acquire your new office we will be able to take you through the entire process. From sending you all the options available, viewing the options with you, advising you on each space, negotiating on your behalf to achieve the best terms possible, agreeing tenant friendly Head of Terms with the landlord and managing the process once solicitors are instructed. 

There are a number of reasons that make it beneficial to have professional property advice when looking to secure an office:

1. Making sure you achieve the best terms possible – through our knowledge of the market we back ourselves to do this. We use comparable evidence and inside knowledge to help us with negotiations.

2. More deals tend to fall through when a tenant has not got professional advice because if things are not being done at the right time landlords can get nervous and pull papers.

3. Putting yourself in the best position to secure an office over another party – landlord agents prefer working with tenants who have sought professional advice as the process tends to run smoother. Therefore, if another company has an agent acting for them the space often is steered towards them.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.

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