Serviced Offices
A serviced office is a ready-to-use, flexible office space. Unlike a traditional office, you can lease a serviced office on a temporary basis, making it a more efficient and cost-effective solution for businesses of all sizes. They’re especially beneficial for small companies looking to avoid high overhead costs without compromising on workspace quality or location.
Below, we explain everything you need to know about serviced offices, including what they are, how they work, and their benefits.
A serviced office is a furnished, ready-to-use workspace that you can lease on a short-term basis. There are typically several private serviced offices within a communal building, which the provider manages. The provider typically manages several private serviced offices within a communal building.
Depending on your provider, you can lease a single serviced office or an entire floor if you wish. Either way, your serviced office is private and accessible only to your staff or visitors during your tenancy period. However, expect some areas, such as the kitchen, lounge, and toilets, to be shared with other tenants.
See also: Key benefits of using a serviced office
The key thing to note about serviced offices is that they are temporary and flexible workspaces. Rather than being restricted by a lengthy commercial lease, they come with rolling renewal contracts, making it easier for businesses to adapt to organisational changes.
Many providers ask for a minimum tenancy period (e.g. 6 months) and a reservation deposit. However, serviced offices remain a far more agile and cost-effective option than traditional offices.
A typical serviced office includes the basic equipment you and your team need from day one. That includes chairs, desks, monitors, storage solutions, and an internet connection. Plug your laptop in, and you’re ready to go.
But a serviced office is so much more than that. It comes with a range of high-quality amenities that help maximise productivity and make your day in the office as seamless and enjoyable as possible. For example, you’ll find:
This is generally the minimum you’d expect from your typical serviced office. However, a good-quality provider will offer additional perks like secure bike storage to support your environmentally friendly commute, and shower rooms to get ready for the day or freshen up after a lunchtime workout. Some serviced offices are even pet-friendly, so you can bring your beloved pooch to work and brighten up your team’s day.
Each serviced office provider is different. Their facilities and prices vary, and they’re all over the country in various locations. However, the process of leasing any serviced office is designed to be straightforward and hassle-free.
If you’re looking for a serviced office, start by narrowing down your geographical radius. Then, note down all the key features you need from your serviced office. Perhaps you need 24/7 building access, a certain internet speed, or specific local amenities. Whatever your priorities are, do your research and find the serviced offices that match your requirements.
Once you’ve selected one or two options, arrange a tour of the serviced office. This will allow you to view your potential workplace and get a feel for the space, to assess whether it’s suitable for you.
See also: How to book a meeting room at 71-75
See also: 10 ways to personalise your serviced office
Your chosen provider will then draw up your contract. We mentioned earlier that there may be a minimum tenancy period, so check that it aligns with your expectations.
Once you’ve signed your contract, your serviced office should be ready for you to move into in as little as 24 hours, or even on the same day. If you have a specific date in mind, speak to the office manager to check if they’re able to accommodate your request.
People often confuse serviced offices and co-working spaces. While they are both flexible and temporary workspace solutions, they offer different benefits and appeal to different types of clientele.
Co-working spaces are normally open-plan, designed for hot desking and collaboration. You’ll find a variety of tables, desks, and areas to work alone or meet with others, as well as a selection of private meeting rooms, all of which are bookable by the hour or day.
In terms of equipment, you won’t find a typical office set-up here; it’s generally just tables and chairs. Co-working spaces are ideal for creative individuals like freelancers looking to connect with other professionals in their field.
Meanwhile, serviced offices are better suited for businesses with employees. They are an excellent option if you need a private, self-contained workspace with high-quality equipment similar to a traditional office, but at a lower cost and a flexible contract that you can adjust to your company’s individual needs.
They also offer flexible contracts that can be adjusted to meet your company's needs. And if you want to, you can take advantage of communal areas to network, socialise, and collaborate with other professionals.
Serviced offices present a range of important benefits to businesses of all sizes. Here are the main ones to consider:
Whether you run an established company or a new startup, we know that things can change suddenly in the business world. The great news is that serviced offices are extremely flexible, so if your circumstances change, you can navigate them easily without the stress and restriction of long-term agreements.
Just because your serviced office licence agreement is not long-term, it doesn’t mean that you can’t customise your serviced office. On the contrary, there are plenty of ways to personalise your space and reflect the culture and personalities that make your company unique.
For example, you can bring in branded stationery and merchandise, brighten up the place with plants, display your favourite artwork, or add character by bringing your dog to work. Speak to your team and your building manager to explore suitable ways to add a splash of personality to your serviced office and make it your own.
Every business wants to save money where possible, and this is much easier to do with a serviced office. They come with all-inclusive, transparent fees. This means that you know exactly what you’ll be paying, and you can rest assured that your essentials like internet, utilities, and cleaning services are all covered.
You’ll find serviced offices in a range of locations, but they tend to be in convenient, high-profile areas like city centres. This allows you to situate your company perfectly in a relevant business hub where it’s most likely to thrive. Crucially, you can do this without long-term commitments or high rental costs.
Serviced offices are also low-risk. There’s no need to worry about maintenance or repair, as the space is managed by the provider.
Thanks to the all-inclusive fees, if you encounter any damage, you aren’t responsible for repairing it. This allows you to avoid the financial stress of arranging repairs and focus on your business instead.
You can move into a serviced office straight away, and all your equipment and facilities are instantly ready for you to use. This makes them incredibly efficient and productive.
Last but not least, serviced offices a private. This means you can focus on your tasks without any distractions or fear of interruption from other users.
Serviced offices can benefit a variety of business sizes and industries. With flexible, short-term contracts and modern, high-quality, and ready-to-use facilities, you can enjoy a premium workspace in a location that facilitates business growth without the heavy price tag of a conventional office.
If you’re interested in a serviced office, look no further than 71-75. We’re located in the heart of the London, and we offer state-of-the-art amenities and top-quality equipment for every type of business.
You’ll also have access to our brand-new rooftop terrace—ideal for a team lunch, a quiet morning coffee, or impressing your visitors with a stunning view of Covent Garden. Book a tour today on the 71-75 website.
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