HungryPanda is a specialised food delivery platform catering to Chinese communities and students abroad. It offers authentic Chinese cuisine and groceries, ensuring a taste of home no matter where they are.
Priorities
The Solution
Flux were able to successfully assist HungryPanda in acquisition of a traditional lease in Holborn. Their primary goal was to consolidate their workspace by reducing desk numbers while increasing collaborative and breakout areas to better support their team’s way of working. Additionally, being close to Chinatown was a crucial factor as they wanted to be as close as possible to majority of their clients. By understanding their specific needs, we were able to tailor the search and negotiate on their behalf to help them find them their ideal office space that aligned with their priorities.
Frequently Asked Questions
Common questions are answered below, for anything else you can Contact Us.
An office space broker provides a comprehensive service that includes identifying potential office spaces that meet a client’s specific needs, arranging viewings, negotiating the rental price and lease terms, and assisting with the finalisation of the contract. Brokers leverage their market knowledge and relationships to find the best match and deal for their clients.
Most of the time, our service is free of charge, especially if you are looking at serviced and managed offices. For conventional leased spaces, more and more so our service often comes at no direct cost, as our fee can usually be incorporated into the lease agreement terms negotiated with the landlord. Where a landlord is not open to this, a contract will be in place between us and the client for a fee based on a percentage of the annual rent of the property secured.
The timeline can vary widely depending on your specific needs and the current market conditions. Generally, finding and securing an office space can take anywhere from one month to a year (or more). We work efficiently to streamline the process, keeping your time constraints in mind. Typically for a serviced office, 4-12 weeks is normal - for a managed office 12-24 weeks is normal - and for a lease, 24-52 weeks.
Yes, our service extends beyond just securing the office. We offer ongoing support for any issues or questions that may arise after you move in. This can include assistance with lease renewals, expansions, or addressing any concerns with the landlord. We can also help with fitout and project management, facilities management, events planning, and anything else you can think of relating to offices!
Certainly. We build long-term relationships with our clients, assisting with any future real estate needs, including expansion, downsizing, or relocating to a new office space. Our goal is to support your business’s growth and changing needs over time.
We start by understanding your business's requirements, budget, preferred location, size needs, growth projections, and any specific amenities or services that are important to you. Based on these criteria, we then curate a list of office spaces that align with your business's goals and operational needs. We get to know your brand and culture, to make sure we are advising you in the best way possible.
Absolutely. Negotiating favourable lease terms is one of the key benefits of using a broker's service. We leverage our market knowledge and negotiation skills to secure terms that are in your best interest, including rent, lease duration, renewal options, and any tenant improvements or concessions.at are in your best interest, including rent, lease duration, renewal options, and any tenant improvements or concessions.
We understand that businesses need flexibility to adapt to changing market conditions and growth. We aim to negotiate leases that offer the right balance of term length, renewal options, and early termination clauses, ensuring the lease accommodates your long-term business strategy. We can source options from 1 day, 1 month, 1 year, 10 years, and everything in between, all dependent on your specific needs.
We maintain strong relationships with landlords, serviced office operators, commercial agents, and other real estate professionals, giving us access to the latest market information and upcoming opportunities. Our continuous market research and networking allow us to identify the best deals for our clients.
Our personalised approach sets us apart. We get to know our clients on a cultural level, and spend a significant amount of time making sure we are sourcing the most relevant options. We prioritise understanding your unique business needs and goals, offering tailored advice and solutions. Our extensive market knowledge, negotiation expertise, and commitment to client satisfaction ensure you receive the highest level of service and the best possible outcome. We can run the whole process, from initial ideas, through to delivery of a fully fitted and managed office space, and everything in between, so that you can focus on your business.
