What is required to rent out an office suite by subleasing?
If you want to sublet your office space or transfer the contract, you need approval from your landlord. The person who is subletting the office space will continue to be responsible for the space in front of their landlord, and it is important to have a well-thought-out sublease agreement that protects against, for example, damage to the premises caused by your subtenant.
If you want to stay in your space but rent out part of it, you do not need to contact your landlord and ask for permission. That right always exists. However, the subtenant must conduct a business that fits within the framework of the primary tenant's lease agreement. If you have a recording studio, it is fine to rent out part of it to a record label, but most of the spaces we mediate at Workaround are intended for normal office work.
Earn revenues from unused space
It is becoming increasingly common to rent out parts of a premises. This can be because spaces are unused after staff cuts or because efficiency gains in existing space create revenue opportunities in the form of workplaces that can be rented out.
We at Workaround constantly receive inquiries from companies interested in renting part of a premises. It is advantageous for all parties involved to share certain common costs that they would otherwise have to handle on their own. Renting out office space in second hand can thus mean renting out some desk space or a room while you yourself stay in the premises. You can also consider renting an office with extra space just to take advantage of the opportunity to generate additional income through subletting.