- Why Serviced Offices?
- Serviced Offices - alternative names
- Serviced Offices in today's market
- Who uses Serviced Offices?
- When is a Serviced Office right for me?
- Serviced Offices vs. Leasehold Office space
- What does a typical Serviced Office rental fee include?
- How else can a Serviced Office support my Organisation?
- How do I know if Serviced Offices are right for me?
- Where can I find and view Serviced Offices?
Serviced offices are an easy and straightforward solution for companies looking to rent office space in London and the UK. Their "plug in and play" nature cuts out all the expenses and headaches involved in leasing conventional office space, and you can start work the day you move in without having to concentrate on anything other than your business. The convenience and flexibility that serviced offices provide is invaluable. Serviced Offices can also provide meeting rooms, shared offices and 'hot desks' allowing total flexible working solutions for businesses of all sizes.
Serviced Offices are also officially known as Business Centres and Executive Offices.
Additional names they are sometimes referred to include Furnished Offices, Ready Offices, Instant Offices and Flexible Offices.
Although relatively new in the UK, Business Centres have been a fundamental part of the North American property scene for more than 35 years and are now gaining the same sort of popularity and acceptance in London and the UK. It is even estimated that Serviced Offices in the UK will operate more than 400,000 - 500,000 workstations by the year 2008.
There are over 1000 Business Centres currently operating in the UK. These range from small independent and owner-operated centres to large international property groups. A lot of Serviced Offices can now be found in well known modern and traditional landmark buildings which can be viewed on our website.
Whatever the requirements in terms of fit out, location, space and price, there is always a business centre solution to match any company and their flexible terms means their demand is now larger than that of Leasehold Offices.
From a 1 person office to a building that can accommodate 500 people, Serviced Offices are used by companies of all sizes. Some companies use them as their main office; some larger organisations use them as their sole office too or even just a satellite office for a new project. They are an essential choice for start up companies as they come ready equipped, potentially saving a new business a lot of money in their all important first year.
There are many benefits of a serviced office over leased offices.
These include:
No Start Up Costs - Conventional/Leasehold office space can cost anything from £5,000 (for a typical 3 person office) upwards to fit out. Serviced offices come with everything you need with facilities such as:
*ISDN Telephone systems and phones
*Desks and chairs
*Fax machines
*Broadband connections
*Break out areas
*Meeting rooms
*Reception area
Immediate Availability - Due to the all inclusive nature of a Serviced offices which comes readily equipped, you can move into a serviced office the day you view, allowing you to start work immediately and cut out a possible 3 month + legal process with trying to rent a leasehold office.
Flexible Licence agreement - Clients can sign a licence agreement, instead of lease, and move in the same day cutting out lengthy and expensive solicitor's fees.
Maintenance - Maintaining a leasehold property in the UK can be extremely costly. Serviced offices are managed and maintain their own facilities. For example, if a light needs changing, or a toilet gets blocked, the management deal with it at no extra charge. You only need to focus on your business.
Wider Office Space Options - There are 100's of Serviced Office rental locations over London and the UK. Depending on the property, serviced offices can offer anything from 10 -200 offices to rent allowing a much wider choice than the conventional property sector.
Expansion - Benefit from the first refusal on any additional office space that becomes available within the office, ideal if your business is likely to expand.
More Cost Effective- Visit our cutting your office space rental costs section for an analysis of the cost benefits of serviced offices over traditional leased office space in London and UK. The last report, illustrated by the CIPS back in 2002, demonstrates that Serviced Offices have become the most cost effective option for many businesses.
Ad hoc facilities - You can make use of extra facilities such as boardrooms and secretarial services which are available on a 'pay as you use' basis. Some Serviced Office space providers even include them in the fixed office rental charge.
Serviced Offices charge a fixed monthly rate for office rental, so there are none of the unexpected costs that can arise with conventional office space.
- Rent
- Rates
- Service Charge
- Utility bills
- Furniture ( desks and chairs)
- Fit Out (if required)
- Office cleaning
- Phones and ISDN lines
- Cat 5e cabling
- Buildings Insurance
- Dilapidations
- Broadband
- Phone system and handsets
- Fully equipped meeting rooms
- Kitchen
- Toilets
- On site management and repairs
- Reception, call answering, meeting and greeting of clients * if required
A lot of facilities and services offered in a serviced office are ad-hoc, many of which are very beneficial for businesses required the extra help- without the full time cost.
Meeting rooms - Meeting rooms can be used on an ad-hoc basis, ensuring that you don't have to fork out for space which you are not using all day every day.
Secretarial Support - An Ad-hoc service in which any administrative duties, such as letter typing, photocopying, faxing or call answering can be outsourced on an hourly basis. An in house reception team can also offer you part or full time support to ensure that you never miss a call. Calls can even be answered in your company name, allowing you to maintain the most professional image possible.
High Spec Technology - Serviced Offices employ high spec technology, such as a fast broadband or ISDN telephone lines, to ensure that companies renting on their premises can concentrate on their business without worrying about anything else. This technology ensures that your business has 'quality' resources without the initial layout.
Unbranded Locations - A lot of Serviced Offices are unbranded, ensuring a smart and impressive location.



