Office Rentals London
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Serviced office rentals of london Why serviced office rentals Having a perfectly professional looking office is one of the vital aspects for the success of any business, especially in a city like London where commercial space is the most precious commodity. But most business owners complain that start-up activities such as finding the ideal premises, negotiating the lease terms, setting up the necessary infrastructure, giving the premises a professional look turn out to be very time consuming and tedious. Some times finding a reasonably priced office space in a prime business location in London is almost impossible for small and medium size businesses with limited financial resources. Even if the business owner finds suitable premises more often than not day-to-day office maintenance matters tend to come in the way of actual running of the business. London serviced office rentals are designed to provide a ‘one-stop-solution’ to all such office space related problems. They are also popularly known as London Business Centres and London Executive Suits. Sometimes they are also called shared office space arrangements because the building premises are shared by many companies or businesses. Facilities provided by serviced offices London serviced offices are professionally run, ready-to-move-in buildings with all the basic amenities required for running an office. Basic Facilities The basic facilities include office furniture such as cubicles, ergonomic chairs, partitions and file cabinets; cutting edge IT support coupled with Local Area and Wide Area network and broadband Internet connection; telephones equipped with intercom; photocopy and fax machines; water facilities; electricity; heating and air-conditioning. In addition to these basic office requirements the agency also provides kitchens, which are sometimes shared with other offices, and washrooms. Building premises, both common areas and offices, are cleaned at least once in a day during working days. The building is secured round the clock through closed circuit cameras and the professional security staff appointed by the agency. Reception area is a common area and is managed by a team of professional receptionists. Services are available from 8.30am-6.30pm during the weekdays. Apart from receiving your calls and clients on the premises reception staff also takes care of your travel arrangements, booking your conference rooms etc. If you take the agency’s switchboard telephone service all your calls are answered in your company’s name, which gives a very professional touch. The operator will announce the caller to you and if you are not present at your desk or unable to attend to the call the operator will divert the call to your voice mail service. All your incoming and outgoing calls are tracked and the records are presented at the end of the month. The agency’s administrative staff handles your post with utmost confidentiality. The building is guarded by security staff on a 24x7 basis. However, if you want to work after business hours, during weekends or on holidays you must remember that reception and telephone handling services are available only during weekdays during business hours. You share all these expenses with other occupants of the premises and pay only a fraction for each facility as a part of your lump sum rental. However, broadband, photocopy, fax and telephone services are charged on the basis of ‘pay as you use’. Additional Facilities Some agencies such as ‘Longford Business Centre’ and ‘Gainsborough Business Centre’ provide support services, which include well-trained secretarial, accounting and clerical staff. Apart from the regular shorthand, word processing and filing works they are also trained to do high-end works such as database creation and maintenance and corporate presentations. Usually all the business centres have well appointed boardrooms and conference halls, which can be hired separately on hourly basis. Some agencies provide health club or a gym also on the premises for the use of your employees. ‘MWB Business Centre’, which has a network of business centres across the UK, allow its clients to use any of its serviced offices for free of cost for three days in a month. You just need to make an advance booking. You can utilize its meeting rooms at any of the agency’s locations while you are doing business there. If you want extra partitions, workstations or any other additional features you can inform the agency before signing the rental. The agency provides those additional facilities by charging some extra amount. Advantages of serviced offices The major attraction of serviced offices is that they provide end-to-end solutions to all your office needs. The agencies go for circumspect branding so that they don’t overshadow the individual brands of the businesses on the premises. There’s absolutely no need to run from pillar to post to organize things and spend the best of your time coordinating with various vendors. Since the agencies provide a readymade office you can move in with your staff and start working within 24 hours of signing the rental agreement. Agencies call it ‘plug and play’ facility, which results in sizeable savings in opportunity costs. One monthly payment towards the rent covers all the office expenses. Since the facilities are shared with various other occupants of the premises overheads expenses are very low irrespective of whether your office is situated in the most expensive West End or the relatively cheaper Croydon area. Studies show that serviced offices result in a cost saving of around 30%-45% compared to traditional offices. In some cases it could be even 62%. There’s
absolutely no need to worry about building insurance as it is taken
care of by the service provider. However, other liabilities such
as employer’s liability, public liability, business interruption
etc. are the individual responsibility of the business owner. The
agency also looks after building decoration, repairs and maintenance. This arrangement is especially suitable and economical for start-up companies and small businesses that cannot afford huge capital outlays for furnishings and infrastructure. London address provides a huge clout to any business. So businesses which just want to have a presence in London through a branch office and foreign companies, which want a London base, and a professional looking office without having to spend much on real estate and infrastructure prefer these business centers. A standard office accommodates 1-150 employees, but there isn’t any upper limit. They provide a very flexible arrangement. As and when the business expands you can lease more office space on the same premises subject to availability. Finding your dream office There are many bureaus such as ‘Property Mall’, ‘A-Z Serviced Office Search’ and ‘Free Office Finder’, which maintain a database of agencies that provide serviced office rentals in London. If you give basic details such as the nature of your business, the number of employees, your choice of location and price range they will give you a list of suitable premises from their database. If you are unsure of your space requirements and how much you will have to pay for the facilities they assess your needs and give a rough estimate. They also make arrangements for your personal visits to various offices so that you get a clear picture about how your own office would look. All these services are provided absolutely free because they get a commission from the agencies. So finding the most professional looking office in the prime commercial locations of London is no longer distant dream. Related Articles |
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