How to sublet your space
Subletting may be a good option for offloading some of the space you no longer need.
Please get in touch with us to discuss how this option could work for you.
It is unusual to sublet the whole of your space, unless you’ve signed up to a longer term lease, but subletting a proportion of your space may provide you with flexibility and reduce overheads.
To get started, the process is much the same as assigning the lease so you will need to consider steps 1-5 described in the first section of this note. Although you won’t be guaranteeing the subtenant, you will be relying on them paying rent so some financial due diligence is important.
Four key issues to consider when subletting: