Serviced Offices Near Me

A Serviced office space is a cost-effective, practical and flexible property solution that following Covid is proving increasingly popular with a wide variety of UK businesses.

Finding and agreeing a traditional office lease is normally a complex, time consuming and expensive task. Serviced offices (Flexi offices or flexible workspaces, as they are also commonly known) enable businesses to establish a presence in any city quickly and with nominal upfront costs. Brightfield Business Hub in Peterborough provide serviced offices near me that cater for entrepreneurs through to multi nationals.

Serviced offices near me Brightfield Business Hub

What exactly is a serviced office

A serviced office is a fully furnished, ready-to-use office that is rented by the occupier on a pay-as-you-go basis. For this reason the process of renting and arranging a serviced office can be completed very quickly.

Serviced offices are typically managed by an operator and are often split into a number of floors, offices or sub offices that are rented by numerous business tenants.

As well as desk space and business furniture, the businesses get access to the facilities required to run a business on a day to day basis. These can include reception support, kitchen and breakout areas, printing services, access to meeting rooms ( sometimes this can free, in other circumstances these will be at a discounted rate), occupier specific events ( business and social) along with networking opportunities.

From a legal perspective unlike a traditional office where the tenant signs a “lease”, the occupier of a serviced office signs an “agreement”. Agreements are simpler, shorter and there’s often more room for negotiation. Importantly with serviced offices near me there are usually no hidden costs, which makes it simpler to manage and budget.

With some serviced office providers, services such as the use of meeting / conference rooms or usage of the internet will be charged separately. On many sites you can often rent a serviced office on a monthly rolling basis, which means they offer great flexibility if your not sure what direction your business is moving. Alternatively you can sign up for months at a time if want to ensure some office stability or you are confident that your office needs wont increase or decrease.

If you know you’re likely to want to stay you can sometimes sign for a longer term (for example, one year). Though this does seem to reduce the benefits of the easy in / easy out approach of a serviced office.

Unlike a traditional office lease, serviced office agreements are flexible, allowing you to upsize, downsize or move out at relatively short notice. Short term agreements are ideal for those businesses who want to minimise risk and exposure or those who are looking for a strategic move during lease negotiations

Typical Serviced Offices Infrastructure

The floor plan of a serviced office building is typically made up of some or all of the following:

Private partitioned offices for SMEs ( Serviced Offices / flexi Offices)
Entire floors for larger companies
Coworking space accommodating freelancers and small teams
Meeting rooms and boardrooms
Shared breakout spaces, such as a chilled seating areas or more formal business lounges
Shared WC, and kitchen facilities (make sure there are enough kitchen facilities for the number of occupants. The last thing you want is to have to queue in order to microwave your lunch or make a coffee)
A gym, (really useful if you are spending the day in front of a desk), an onsite café where you can get hot and cold food ( and somewhere to entertain visitors )
An onsite childcare nursery – which would make childcare super simple for occupiers

Serviced Offices UK meeting room informal meeting at table Brightfield Business Hub

Serviced Office Key Definitions & Terms

Flexi Office / Flexible Workspace

Flexi workspace is often used as a catch all term to describe offices with flexible contractual terms. Coworking spaces, Flexi Offices, Managed offices and Serviced offices, can all be described as flexible workspace solutions. (So they are all part of the same product category, but each of them is a different product with slightly different attributes)

Coworking Space

A coworking space is a an open plan furnished office space that is shared by multiple people. Quite often the desks are butted up and in rows. They are predominantly used by freelancers, entrepreneurs, micro businesses and very small teams that don’t want to work from home, don’t require too much privacy and fundamentally want to keep expenses to a minimum. Coworking is often the pre-requisite before moving into a serviced office. For this reason many serviced offices buildings also contain a coworking space.

Managed offices

Managed offices offer occupiers a similar level of flexibility as a serviced office ( i.e. shorter yearly term contracts) but they are designed for larger companies that want to be able to brand their space and have a bit more long-term security. They are some times referred to as “bespoke” office solutions.

Predominantly managed office agreements last for a minimum of 1-3 years, however you may find that shorter terms are also available. This is often determined by geographic location and the volume of managed office space available at the time. Alternatively larger and more established businesses might negotiate a longer contractual term to ensure stability and security.

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