01
A conventional lease
A lease usually offers the greatest control over identity, fit-out and day-to-day operation. It can suit established teams with a clear medium- or long-term plan, but requires careful consideration of fit-out cost, timing, repairing obligations and exit flexibility.
02
Managed or serviced space
Managed space can provide speed, simplicity and a lower initial capital commitment. The trade-off is often a higher bundled occupational cost and less control. The quality of the operator agreement, service provision and renewal position should be examined as carefully as a lease.
03
A freehold acquisition
Ownership can provide control and long-term value, but it changes the property decision into an investment decision as well. Liquidity, future adaptability, building condition and the opportunity cost of capital all need to be considered alongside operational suitability.