What are serviced offices? Work Space Search
Serviced offices provide flexible term office solutions for all sizes and types of business.
Serviced offices generally provide private, fully furnished offices, in multi-tenanted buildings, with receptionists to meet and greet your clients and answer your phone calls, if you so wish. Using serviced offices, also known as managed offices, or executive suites(mainly in the USA), you have access to meeting rooms, kitchens telecoms, I.T and all of the facilities you would expect to find in any modern office.
Serviced offices charge a fully inclusive price which generally includes;
- rental cost
- business rates
- service charge
- cost of heating
- power / electricity
- water rates
- cleaning of common parts and office
- use of kitchens
- access to meeting rooms
- telecoms / phones
- internet connectivity
- network cabling
- .......and the remainder of the fixed costs you associate with running an office. These costs are bundled together and is quoted in the form of a monthly license fee.
In terms of quality serviced offices reflect the leasehold office market, you can 5 star luxury offices through to the cheap functional office space at the other end of the spectrum.
There is an ever growing number of serviced offices providers from the global players such as HQ Global Workplaces and Regus, through to stand alone private business centers.
The serviced offices market has evolved into the formation of a hybrid of office space called semi-serviced or managed offices. These offices offer the flexibility of serviced offices but are often unfurnished and offer contracts that only include rent, business rates, service charge and utilities.