Subletting is when the existing tenant (lessee) rents out part or the whole of their leased office space to another business or organisation. The lessee then becomes the landlord to the incoming tenant (sublessee).

Subletting therefore is a simple way for a tenant to reduce their office property overheads without having to uproot their business.

A tenant's lease sets out terms upon which they are able to sublet, and a prerequisite is usually that the landlord's consent must be obtained.

We have the in-house resources to identify suitable sub tenants for unwanted office space and will deal with all marketing, negotiations and see the matter through the legal processes to facilitate the cash flow advantage to an office occupier of releasing some of their office to a third party.