What is a serviced office space?
Serviced office, flexible office, incubator, co-working space, Managed Offices London: there are lots of terms to describe what are, basically, serviced offices.
Serviced and flexible office contracts can be short, medium or long-term. You only have one bill – the fee (rent). And spaces come ready-fitted with furniture and IT infrastructure. You can get to work almost immediately and move somewhere else in the city just as fast.
Who are serviced office spaces for?
Historically, smaller businesses used serviced offices or as project/overspill space for larger companies. These “off the shelf” or “plug and play” environments were rarely larger than 50 desks.
But today, many sites also offer more tailored enterprise options. Designed for businesses with 50-1,000+ people, many locations offer distinct price bands that suit particular industries or working styles. These options are also becoming increasingly attractive due to the relatively reduced costs and timings compared to traditional leasing.
What do serviced offices include?
Our website features nearly a thousand “move-in ready” sites across London. This means your team can move and get back to work quickly. You can check the available features on each office space alongside the closest transport links.
Serviced office benefits
Serviced offices offer businesses of all sizes flexibility and are tailored to your needs;
- Simply walk in and start work.
- There are minimal set-up costs.
- There is only one all-inclusive monthly invoice.
- No management or repair costs.
- Easy to increase or reduce space.
- You may be able to use sister sites for meetings and networking.
As a global leader in commercial real estate and specialist in London, our team has unprecedented access to both on and off-market locations.
Once we identify a suitable location for you, we can negotiate a fit-out so that you can thrive in a space that is right for you.
Serviced offices vs managed offices
Often confused with serviced offices, managed offices do not provide shared spaces as they are self-contained, often delivered floor by floor as a solution or self-contained building. As a result, the occupant is able to take full control over their environment, brand it accordingly, and the managed operator will take care of the services behind the scenes.
Our relationship with the workspace is changing, and managed offices are proving an increasingly popular choice for companies of all sizes. For some clients, having reached the point where they need a place of their own, managed offices are seen as a great stepping stone from a serviced office.
For other, larger organizations that require more flexibility than would otherwise be provided by a traditional lease, a managed office represents the perfect compromise.
Benefits of managed offices in London
Managed offices still offer great flexibility to businesses. Managed office terms can typically be delivered from 1–5 years, and the length of the term dictates the monthly cost. This is due to amortizing services, fit-out, and bespoke scenarios added to the package. Having this range of term contracts ensures that should you need to change, you are not locked into a long-term agreement.
One of the main benefits of a managed office is that it’s your space. You can configure it in any way you like. That means everything from how many meeting rooms you might want, to where and how your staff will work, whether you require a canteen, a showroom or conference room, or any other facilities, can be decided by you.
And, because it is yours and yours alone, it can be made to truly reflect both your brand and its culture.
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Find your serviced office spaceWe have a wide range of serviced offices in London waiting for you to discover. Take a look and find the perfect one for you and your business.
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