The commercial office space market continues to evolve rapidly, presenting various office space solutions for businesses of all sizes. From startups to established corporations, understanding the landscape of the commercial office space market has become increasingly critical in today's flexible working environment.

What is commercial office space?

Commercial office space represents professional real estate designed for business operations. Commercial office spaces are leased by companies to create functional work environments that support their operational needs, team collaboration and employee wellbeing.

Types of commercial office space

Coworking space

Coworking spaces have changed the way businesses approach workspace. These flexible environments offer shared workstations, meeting rooms, and collaborative areas, perfect for freelancers, startups, and businesses seeking adaptable solutions in prime office space locations like London.

Private offices

For companies prioritising privacy and a dedicated workspace, private offices provide exclusive areas tailored to specific business requirements. Private office spaces offer confidentiality and a professional environment for focused work.

Serviced offices

Serviced offices deliver flexible office space solutions with fully equipped workspaces. Serviced office providers offer essential amenities such as reception services, internet connectivity, maintenance, bookable meeting rooms, on-site wellness facilities and more, allowing businesses to move in and operate immediately.

Managed offices

Managed offices offer a customised approach, where providers and landlords design and manage the workspace according to a company's precise specifications. Managed offices combine flexibility with bespoke design to create dream office spaces for tenants.

Traditional offices

Traditional office spaces remain an option for businesses seeking long-term work environments. These office spaces typically involve direct leasing and allow extensive personalisation.

How much does commercial office space cost?

Commercial office space pricing varies significantly based on location, amenities, and workspace type. If you are looking for a quick cost estimation for your office space requirements, check out our Free London office space cost calculator.

Things to consider when searching for commercial office space

Office space amenities

Today, businesses demand more than just four walls and desks. Consider things such as wellness facilities, parking, accessibility, access to meeting rooms, outdoor terraces, pet-friendly policies, and additional services that enhance your workplace.

Office space location

The location of your office space is very important. Consider your team’s proximity to transport, client accessibility, talent pools, and neighbourhood infrastructure when selecting commercial office space in London or other major cities.

Future growth plans

It is vital to consider how much space you need per person and secure a workspace that accommodates your anticipated growth. Flexibility in lease terms and potential expansion options with serviced office providers can save significant resources in the long term.

Office space utilisation

Analyse your team's working patterns and how much your staff is coming into the office. It is vital for businesses to choose an office space that their employees truly want to be in as part of their post-pandemic workplace strategy.

How do I find a commercial office space?

Partnering with experienced office brokers can streamline your search for office space. At Found, our team of friendly office space brokers can help you by leveraging our extensive network, market insights, and negotiations to secure the best commercial office space tailored to your unique business requirements. If you would like to find out more, get in touch with one of our office space brokers today.