Renting Office Space in London

For those whom are unaware of the office rental environment particularly in busy lucrative business hubs such as the city of London there are an abundance of properties to rent for businesses which do not come with the typical drawbacks of business property purchases.

What is a Renting Office Space About?

Office space renting is best described as a means to afford an office premises without significant down payments like those offered through a typical business purchase. In relation to the serviced offices sector this arrangements are even more beneficial since a fully equipped office space can be obtained without your business having to fund the office furniture and associated office equipment which is essential in running just about any office.

The Serviced Office Space


Serviced offices are an arrangement whereby all the required office equipment is provided as part of the rental agreement. In addition to a typical office set up you can also purchase additional services as your business expands to include more meeting rooms for example as well as physical desks and chairs.

What to look for in serviced office space

In order to ensure that your business needs are met both in the long and short term it is advisable to consider the way in which your expansion of the company can be catered for through the adaptability of the serviced office you have chosen. You will want to be considering whether the office environment is capable of accommodating more office desks for instances when you are considering increasing your staff head count as well as the ability to cater for your new staff and their parking arrangements.

Transport links are also important to ensure that your staff can easily reach the office without having to be overly cumbersome on their transport routes. This will also help to attract more staff to your business as and when you decide to increase your staff count.

Virtual Offices Explained

In addition to the benefits of a serviced office there are also virtual offices which are available to the smaller business. These types of services provide general secretarial services to your business such as a dedicated customer telephone line which is answered by a professional person; the benefit is that they will answer the phone as your business meaning the customer will believe you have a physical office presence.

The benefits of serviced office space are immense. They are helping many thousands of businesses continue to trade in this currently volatile economic climate through releasing more surplus cash into business which would otherwise have been taken on costly business mortgage payments. If you find that your businesses is struggling and requires more cash flow then a move to a serviced office could be the opportunity you have been looking for.

What is a Serviced Office?

For many businesses the term 'Serviced Office' is unheard of. This is however beginning to change with the recent financial crisis causing businesses owners to reevaluate their entire business strategy including how they manage their business location.

Serviced Offices Explained

Serviced offices offer some quite unique benefits to business. The main aspect to consider with serviced offices is that as a business, unlike traditional methods you will be renting the office space rather than purchasing outright as is the case with typical business premises. By renting the office address you will immediately be reducing your premises costs substantially.

Serviced Offices to Reduce Business Cost

Secondly, because you are renting the building the costs associated with running a busy office environment are also reduced. This is a result of the reduction in building maintenance as well as general upkeep and hiring staff to fulfil these duties. In most serviced offices employees managed by the letting agent run all the services associated with the building.

Reducing Running Costs with a Serviced Office

As well as staffing which is included within the rental agreement serviced offices will also come with a variety of office equipment. These range from IT equipment to office supplies such as copiers and drinks machines as well as desks and telephony systems. This means that you are able to move your staff into the serviced office environment and get right down the important aspects of your business, making profit.

As you can see, serviced offices provide a service to businesses which dramatically reduce business costs through renting which is not offered through traditional means. This helps to save businesses a considerable amount of expenditure which at a time of financial squeeze is something all businesses are looking at in order to reduce costs and maximise profitability.