In the ever changing landscape of London office space, serviced office spaces have emerged as a clear game-changing option for businesses looking for flexibility and convenience when it comes to their working environment. As companies continue to reimagine their office spaces, understanding what flexible office space is and how it works has never been more crucial. With the diverse range of options available in today's London office space market, navigating the various choices can be overwhelming. We're here to outline everything you need to know about serviced offices and give you an understanding of how an experienced office broker can assist when it comes time to searching for serviced office space.
What is a serviced office space?
A serviced office space is a fully equipped, ready to use space that provides businesses with an instant solution for your team's needs. Unlike traditional office leases, serviced office spaces come fully furnished, with cleaning, internet, and essential amenities all ready for you, allowing companies to move in and start working instantly.
The benefits of serviced office spaces
Serviced office spaces offer businesses numerous advantages, providing flexible office space that is cost-effective. This short-term office space offering rules out limited past options like long-term commitments. Beyond their practical benefits, serviced offices create collaborative settings that foster networking opportunities, enabling companies to thrive in community-driven spaces. These benefits curate the perfect environment for you to create your dream office space for you and your team.
Comparing managed offices vs. serviced offices
While both managed and serviced offices provide numerous solutions, there are a few key differences between the two. Serviced offices are fully furnished spaces with shorter leases and offer immediate move in options. Managed offices are typically more customisable, have longer-term arrangements and are typically tailored to specific business needs.
How much do serviced office spaces cost to rent?
The cost of office space to rent varies significantly based on several factors. One of the biggest contributors to the cost of office space in London is your desired location, for example, prime central London areas will result in higher prices. Other factors such as amenities also play a crucial role in pricing, think meeting rooms, on-site gyms, outdoor space. Cost for your own private office within a serviced office space is determined by the square footage of the space. If you are looking for a quick cost estimation for your office space requirements, check out our free London office space cost calculator.
The best serviced office spaces in London right now
Here are a few of the best serviced office spaces on the market in London right now:
Fora Henry Wood House
Fora Henry Wood House is a standout premium serviced office space located right in the heart of the West End. This London serviced office space boasts a gorgeous rooftop terrace, phone booths, meeting rooms, bike storage and an on-site gym.
WeWork York Road
WeWork York Road, the largest coworking space in the world, located right next to Waterloo Station in London, is the place to be. This serviced office space has all the amenities you could dream of, from a meditation room, rooftop terrace, an on-site café and breakout space galore. This might be the perfect space if your team's looking to move office space.
Uncommon Liverpool Street
Uncommon’s Liverpool Street is a dream office space filled with burnt orange interiors. Notable highlights include Peloton bikes, a rooftop terrace, focus zones, wellness areas and it’s pet friendly! With Spitalfields Market, bars and the best restaurants right on your doorstep, this East London serviced office space has it all.
Landmark Wogan House
Landmark Wogan House is Landmark's latest serviced office space at the iconic 1960s recording studios. This office space includes an array of additional amenities such as vanity areas, a gym and a dedicated wellness room. Located right in the heart of Soho, this serviced office space offers the perfect blend of work, design and wellness.
The Ministry
The Ministry, an old renovated South London print works site has been transformed into a hub for all things creativity, innovation and collaboration. This office space offers many on-site amenities including a gym with regular fitness classes, a deli and bar, bike storage and a terrace. This pet-friendly office space hosts regular networking events, workshops, and social gatherings to boost the wellbeing for all their members.
How to choose the right serviced office space for my business
When searching for a new office space, it is vital to assess all aspects of a serviced office to ensure that it is the right fit for you and your team's needs. Whether that be your current business size and if growth projections will play a part in this. Other aspects like your preferred location, your maximum budget, any required amenities or whether you want to align with a sustainable office provider; these are all important aspects to consider.
How to find a serviced office space to rent in London
At Found, our team of experienced office brokers specialise in helping businesses find their perfect serviced office space in London. Our expert and friendly team of office brokers are on hand to help you search and secure a new office by saving you time and money. Get in touch with our office brokers today to find out more about the best serviced office spaces to rent in London and how we can help you with your next office space move.
