Many business owners often ask the age old question, which type of office should I go for? Serviced Offices or traditional leasehold space? The answer of course depends very much on the individual requirements of the company. However recent trends show that more and more businesses are opting to go down the serviced office route because of the many benefits they offer, such as the quick and easy transition period, and the fact that the offices are configured as specified before the actual move in date, thus resulting in the saving of fit out costs and reducing downtime to a minimum. Not to mention getting rid of the need to pay double rent during the transitional period.
In addition to the above, other benefits include flexible license agreements whereby business can sign up for short 3, 6 or 12 month rolling contracts or longer. This makes it possible to strategically work to a business plan, whereby you can take out additional space as and when you need it, in other words pay only for what you need as and when you need it.
Therefore It is quite easy to see why so many business are attracted to the serviced office solution, what with all the benefits already mentioned and coupled with the fact that the offices include everything you could possibly want from furniture, cleaning, fully stocked kitchens, call answering services and use of break out and reception areas, all of which are covered by the standard monthly rental bill.
This continuous demand has seen an enormous growth in the serviced office industry during the past few years, especially in the nation’s capital with new serviced offices being opened on a regular basis in central London, the West End and the City. This is possibly due to the fact that after you factor in all the individual bills and costs involved in leasehold office space such as fit out costs, maintenance, security, legal fees, operations, IT and Telecom Installations, it soon becomes apparent that for many businesses it is much more cost effective to go for serviced office space, especially considering the current market whereby with careful planning and the help of a good commercial office agent it is possible to get some great deals on Serviced Office Space in London and the UK.
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