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Advantages of Serviced Offices
Now hugely popular throughout the UK, serviced offices offer an instant and flexible office space solution. In a nutshell, serviced offices are fully fitted and furnished spaces that are ready for you to move into.
They provide many advantages and benefits for modern, fast-paced businesses, no matter how large or small, including:
Convenience Serviced offices are ready-made offices, usually fully equipped with furniture, telephone lines, Internet access, a reception area and kitchen facilities, so you dont have to worry about a thing.
Flexible contract In most cases you can decide how long you want the office space for, and therefore contracts can be anything from one day to one year in length. Obviously, it is more cost effective to have a longer contract but in an ever changing business world it can be difficult to know just how long you will need office space for, or how much space you will need. A growing company or a firm working on a special, short-term project, will probably find serviced offices give them the flexibility they need to run a successful business.
Quick transition Serviced offices are available at very short notice and already have all the furniture and equipment you should need, and therefore the move from your existing office to the new one should be quick and problem-free.
Cost effective Serviced offices are usually very cost effective because you only pay for the office space you use. The costs of amenities and infrastructure are shared with other tenants, and you also save on planning and equipment costs as the offices are fully furnished.
Limited guarantees To rent a serviced office all you need is an initial deposit and then monthly rent, credit reference checks, guarantees or covenants are not always needed, making the entire process a lot easier than with leased offices.
Minimal capital outlay Apart from the deposit, there is very little capital outlay when moving into a serviced office. Your monthly rent covers the majority of charges associated with running an office space.
Simple legal agreements The contract you sign with a serviced office provider is known as a Licence and not a Lease, and therefore there is no need for lawyers, accountants, advisers or agents to make the contract legally binding. This undoubtedly saves businesses a lot of time and money and of course the headache of trawling through legal documents.
Differences Between Serviced & Leased Offices
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