Serviced Office Definition

The Definition of a Serviced Office

A serviced office is a shared flexible office space used by businesses that need flexibility and the ability to up-size or downsize very quickly.

 

Serviced Offices Offer:

  • Short term tenancies
  • Highly flexible spaces
  • Fully managed with all services covered
  • Pay monthly terms (usually)

 

Short Term Tenancies

Serviced offices are run by an operator who either owns or leases the building. They provide services such as a reception, meeting rooms, phone answering as well as normal building services such as heating, lighting and business rates.

The difference between a normal long lease office and a serviced office is the flexibility offered. Depending upon location (and demand) the operator will be able to move you around either within a building, or as is now commonplace throughout their network of offices.

Highly flexible spaces: One desk or one hundred, you choose

Many of the serviced office spaces are basically an open plan office floor which are divided up depending upon the demand for certain space.

Besides the advantages of being able to increase the amount of space you need, you can also decrease – so you lose a contract and have to make redundancies, no problem.

Fully managed with all services covered

A serviced office is an all inclusive deal. You get heating, lighting, internet, air conditioning and a reception area. Your bills therefore are fixed – no suprises.

Pay Monthly

The big cashflow bonus for a serviced office is the fact you usually pay monthly. Whereas a long lease may require quarterly in advance payments, this monthly billing means it’s cheaper in the short term and helps especially when you are a new young company.

Can we help find your new serviced office space? Call our small friendly team on 0800 611 8150 today for help and advice.

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