Why Renting A Serviced Office Is One Of The Most Affordable Private Workspace Solutions 

Published On 4th July 2021 by Kerri McMahon

As you may expect, when choosing between the many different workspace solutions available, one of the main deciding factors will be price. Understandably, every company has a budget for their workspace and some will be able to spend more than others on this expense. However, surprisingly to some, just because you don’t have a very big workspace budget doesn’t mean that you have to compromise. 


Many assume that they won’t be able to have a private office space in a desirable location when they don’t have much to spend, but this isn’t the case. Instead of settling for a virtual office or a co-working space, all companies should look into serviced offices. Many don’t realise just how affordable this flexible workspace can be, especially when compared to traditional leased office spaces, and even serviced offices in London might be within your budget. Below we have looked into what makes renting a serviced office so affordable. 


All property costs are put into one monthly fee 


Unlike standard office rental where you will have to pay various additional expenses on top of your monthly rent, when you turn to a serviced office, your monthly fee will be all-inclusive. Everything from business rates and carbon costs to service charges and building insurance is covered by your monthly fee, and often, this will still be less than the rent alone for an office building. So, budgeting for your workspace really couldn’t be easier. 


You don’t have additional operational costs 


It is often the operational costs like; building maintenance, office cleaning, utility bills, waste disposal and security solutions, that quickly add up when you rent a private workspace. However, these are also included in the monthly fee that you pay for a serviced office space. You won’t have to worry about having to spend the odd amount here and there, and you can invest your money into other more important areas of your company. 


Upfront expenses can be kept to a minimum


Moving into an office space and making it your company’s home can be costly in itself, but again, this isn’t something you have to worry about when you rent a serviced office. Usually, things like agent fees, SDLT, total fit-out costs and office furniture will be included in your monthly fee and these upfront expenses will essentially be covered for you. This means that you won’t have to save to be able to move into your own private office space. 


Essential facilities are free to use 


Not only do you have access to your own private workspace when you rent a serviced office, but you will also have access to a number of other useful facilities too. From kitchens and breakout spaces to meeting rooms, phone booths and reception areas, you won’t have to pay any extra to use these facilities either. You can save a lot of money every month by not needing to hire professional spaces for your business to use on top of your main workspace. 


There won’t be any unexpected surprises 


When you rent a serviced office space from a reliable provider, you won’t have the stress of having to pay any unexpected bills. You can relax knowing that all of their serviced office prices are completely transparent and there isn’t any hidden small print that will trip you up when you least expect it and when you’re unable to afford it. Even as far as your initial deposit is concerned, they will tell you exactly what is required and it will often be incredibly reasonable. 


Finding out more about London serviced office prices 


There really is no denying that if you require a private workspace then renting a serviced office is one of the most affordable solutions available. Many don’t realise just how inexpensive it can be to have a professional work environment that you don’t have to share with other people and when you choose the right serviced office space, you can reduce your overheads whilst still increasing your profit and growing your company. 


If you’d like to find out more about London serviced office prices and get an idea of how much it would realistically cost you to have a serviced office space in London, be sure to get in touch with us here at One Avenue. We have a number of flexible office spaces available to rent and our buildings are home to everyone from big corporations to small start-ups, so we have a budget-friendly solution for all companies. We will gladly discuss London serviced office prices with you in more detail, answering any questions that you may have in this regard.