Serviced Offices Blog


Fancy locating your business in Mayfair?

Posted by admin on February 25, 2013 at 12:57 pm. Filed under: business centres

If you are a small to medium sized business owner, probably the last place that you will think is affordable to rent office space is Mayfair. It is one of the most prestigious areas of London and is known for its wealthy but quirky aspects. The Grosvenor Estate – the main landowner – has invested substantially in maintaining the quality and tradition of the area.

The area

Mayfair is an historic part of the capital, sandwiched between Park Lane to the east and Regent Street to the west. Piccadilly is situated to the south and the famous shopping venue, Oxford Street to the north.

The vision conjured up of serviced offices is new modern buildings, but Mayfair bucks the trend.

Serviced offices in Mayfair are mainly located in period properties although those in Berkeley Street and Berkeley Square are of modern appearance.

The construction of Crossrail has impacted on Hanover Square which has been decanted in order to make room for the new ticket hall. The result has been a depression in the rental market allowing for more reasonable rents making that particular area more affordable.

Tenants in Mayfair have some of the best travel links available. There are excellent tube and mainline connections with buses and airports easily accessible. This means that your clients will have convenient access to your offices. Numerous intimate and upscale restaurants and clubs are within the vicinity which will impress your clients and afford several opportunities to do business in an informal and conducive atmosphere.

Appeal of serviced offices

As Mayfair is such a prestigious location, renting traditional office space will be prohibitively expensive for the average small or medium size business owner. However serviced offices offer an affordable solution making it possible to locate and mingle with other reputable and established businesses.

Serviced offices offer a simple solution without the need for any time consuming and expensive fit outs. Providing a turn-key solution you can move in at short notice without the need to engage lawyers in the process. Occupation of serviced offices is usually governed by a relatively simple agreement in plain English so lawyers do not need to scrutinise lengthy complicated leases which are associated with traditional offices.

Another convenient aspect of serviced offices is that one monthly rental payment covers most of your expenses and outgoings. Business rates, electricity, cleaning, buildings insurance, are all covered in the rent along with the shared use of a kitchen, break out areas, equipped and staffed reception area, sometimes with security provided. Telephony services and high speed internet are available with some management companies including these within the monthly rent. Meeting rooms can be hired for an additional fee as and when required, often with refreshments, which creates a highly professional image.

If you want to find offices to rent in Mayfair, opting for serviced offices could be the ideal solution. At Abacus Real Estate we have the experience and expertise to assist with your office space search in Mayfair.

 

Looking for office space in Bristol

Posted by admin on February 20, 2013 at 12:52 pm. Filed under: office space

Bristol is situated at the gateway to the south west and the midlands. It is also ideally placed for travelling to Wales and is within a short distance of London. Little wonder then, that with its convenient location many people decide to rent serviced offices in Bristol.

Existing businesses

Several well known international companies including Rolls Royce and Airbus have found their home in Bristol. Choosing serviced offices in Bristol will put you in close proximity to famous aviation, motor and aerospace companies. The world-renowned Wallace and Gromit films were made in Bristol and Deal or No Deal is aired from the city. These connections make Bristol a sought-after area when it comes to looking for office space. Bristol is also home to over 500 IT businesses with Hewlett Packard being just one of the international corporations residing there.

Bristol, a desirable location

Bristol has good shopping both within the city limits at Broadmead and on the outskirts at Cribbs Causeway. All the well-known shops and brands including John Lewis are available. Cribbs Causeway has free parking with easy access to the covered shopping area.

If driving to Bristol most approaches are made by an excellent motorway network. The M4 motorway links the city to Cardiff to the west and London to the east. The M5 provides a northern connection to Birmingham and southwards to Exeter. The airport is only eight miles from the city and thus very accessible with good direct links to several European destinations.

There are many interesting things to see such as Clifton Suspension Bridge and the SS Great Britain moored in the docks which have been the focus of substantial investment. Cheddar Gorge is just down the road as is the well known resort of Weston Super Mare. Bristol is home to a renowned university and little wonder that many graduates choose to stay and work in the city after graduation.

Serviced offices solution

A well trained workforce is at your disposal making Bristol an ideal choice in which to rent office space. Although you are in the presence of some exalted businesses you can still afford to rent office space in the city. It may be true that renting traditional offices are outside the reach of most small business owners due to the need for costly fitting out and a long term lease commitment. In addition you would incur substantial legal costs as solicitors would examine the lease and try and negotiate terms more favourable to you as the tenant.

Serviced offices on the other hand are fully fitted and furnished with cabling for super fast broadband all located within plush modern offices in attractive buildings shared with other tenants. The sharing allows for lower costs and these offices are available on as little as a one month term which can be renewed. The legal costs are negligible since the agreement is simple, thus ruling out the need for solicitors.

At Abacus Real Estate we can advise you on the best location for your Bristol office space.

 

Business occupancy costs down but mainly due to greater office space efficiency

Posted by admin on February 16, 2013 at 3:20 am. Filed under: Uncategorized

Apparently redundancies and greater space efficiencies have driven office costs down across the UK, but London’s West End has proved to be the exception. The cost of providing office space for UK companies’ staff fell during 2011 according to an occupancy cost survey by DTZ. In contrast they say that costs in the City of London were edged down 7.3%. Occupancy costs per workstation include rent, maintenance costs and property taxes. By looking at costs per workstation, the effects on statistical analysis of the different ways in which businesses use space have been reduced.

There were large regional variances, so in Birmingham, for example, costs were down some 11.5% and in Edinburgh costs were down 4.2% year-on-year. At the other end of the scale, London’s West End is the most expensive business district in Europe, second only to Hong Kong. In the UK both Glasgowand Manchester saw increases in costs.

It is thought that where costs have fallen this has been largely due to greater efficiencies in the use of space. There has been a lot of corporate consolidation of space use going on generally with greater use of open plan offices, fewer meeting rooms etc. Karine Woodford, Head of Occupier Research at DTZ, said: “After a year of relative respite, cost-cutting has returned in a big way with occupiers awaiting developments in the eurozone and looking to reduce space per employee. Consolidation has been a theme across the country particularly within the banking and insurance sectors. They are increasingly seeking occupational densities of one person per eight square metres, down from 10 square metres seen previously.”

Cost forecasts to 2016 are for positive growth across most markets in the USA, Asia Pacific and Europe.

So far as the serviced office market is concerned, it is the operators of serviced offices in London, for example, that will take responsibility to keeping overall costs down – leaving their tenants to focus on their core business without having to worry about issues such as property maintenance.

 

Serviced offices are available nationwide

Posted by admin on February 15, 2013 at 12:45 pm. Filed under: offices to let

Whether you are searching for office space in Bristol, London, Edinburgh, Manchester or Birmingham, serviced offices could be your ideal solution.

Serviced offices provide a quick and easy turnkey option leaving you time to devote to other aspects of your business. These offices are usually available in the business districts of the major towns and cities ideally located close to transport links such as trams, buses, trains, underground or airports.

Tenants benefit from private pristine offices which are pre-cabled and fully furnished permitting immediate occupation.

What do you get for your money?

The monthly rent covers virtually all of your expenses and outgoings adding to the simplicity of your occupation. This fixed payment enables you to budget in advance as the rent includes:

• Business rates
• Buildings insurance
• Utility bills
• Service charges which are imposed on whole building
• Office furniture comprising modern desks and chairs
• Cleaning of office and common parts daily carried out during out of office hours
• Staffed reception and use of secretariat pool
• Kitchen and use of microwave, refrigerator
• On site management and security
• Telephony system and handsets

Meeting rooms can be hired as and when you require upon payment of an additional charge. Similarly, broadband internet is available for a charge.

You may find that some serviced offices even offer the hire of meeting rooms and broadband internet in the monthly rent rather than being an optional extra. Whether you are seeking offices to let in Manchester, London, Liverpool or Edinburgh you will find that serviced offices can fulfil your requirements.

Duration

Most tenants are attracted to serviced offices because they do not require a long term commitment. The flexibility of being able to rent an office for as little as one month at a time has obvious advantages in these uncertain economic times. If your business prospers you can renew your tenancy on a regular basis and you can rent additional office space to accommodate your expanding business needs.

Location, location, location

Serviced offices from Edinburgh to London and Bristol are available in prestigious areas. Location is paramount and an upscale base for your business will entice potential clients. Most serviced offices are situated near to good transportation links including airports and main line train stations. An air of professionalism will be apparent from the smartly furnished reception area with light and exotic potted plants to give a warm welcome to your visitors. If you are entertaining clients you can ask facilities management to provide a catering service. This catering facility will give your business a professional feel and endorse that it is properly run, giving confidence to prospective clients. Appearances are important in most walks of life and this goes for serviced offices too.

When choosing your serviced office you should give as much attention to choosing a well respected agent as you do when appointing an accountant or solicitor. At Abacus Real Estate we have the experience to help choose your ideal office space at locations throughout the UK.

 

Manchester office space solution

Posted by admin on February 9, 2013 at 12:32 pm. Filed under: office space

If you are looking to base your business in the north east, Manchester could be an ideal location. Manchester is a huge metropolis with an estimated population in excess of 2.6 million making it a magnet for new businesses looking for office space.

It has an impressive industrial pedigree being the place where the world’s first railway system was opened and was a major centre for the cotton industry. The Manchester Ship Canal figured prominently, helping to propel Manchester to one of the most important industrial centres in the UK.

Scientists split the atom in Manchester where Rutherford taught at the city’s notable university. Manchester also hosted the initial meeting of the Trades Union Congress.

As for sporting legends, you can have a feast with City and United consistently in the finals of domestic and European football competitions. Not many business clients can resist the opportunity to be thrilled by attending a football match in the city.

Transportation links

Transport links are excellent with Manchester airport being the busiest outside of London and the fourth busiest within the UK. Manchester has three large train stations serving over 30 million passengers annually making it the city with one of the best transport links in the UK. Little wonder that people flock to rent office space in Manchester. Trams are an important part of the city where the first tram system was opened to the general public in 1992. There are now 23 miles of tramway serving 42 stations which some clients will enjoy using since trams, apart from being useful, also have a novelty factor.

Choosing office space

There are several options for renting office space in Manchester. Serviced offices are the preferred option particularly if you want to locate your business within a prestigious location. Renting traditional offices is a costly exercise as you have to fit them out yourself which means that an early occupation date is unlikely. As a small to medium sized business owner you will want to test the water before committing yourself to long term occupancy. Conventional offices are normally regulated by a complicated lease for a lengthy term which can only be broken by paying a substantial charge to trigger a break clause. Such costs are unwelcome and a better option might be to rent serviced offices in Manchester.

Serviced offices?

Serviced offices require you to do very little apart from move in. The offices are positioned within the desirable business areas of the city. Being fully furnished, complete with attractively presented, staffed reception area, broadband internet access, communal kitchen, break out areas and meeting rooms, you will have no major outlay. Meeting rooms, some with full conference facilities are available to rent on a pay as you go basis.

The upscale appearance of the offices will give your business a professional and viable image which is important when businesses are trying to woo new clients. At Abacus Real Estate we have the expertise and experience to help you make a wise choice when looking for office space in Manchester.

 

Locating serviced offices in Victoria

Posted by admin on February 1, 2013 at 12:32 pm. Filed under: serviced offices

In these austere times it is important to make an impression on clients. The location and presentation of your office space speaks volumes about your business venture.

Most small business owners looking to rent in London do not expect to rent office space in Victoria as it is in a prime position. Victoria is a commercial area situated within the administrative area of the City of Westminster. There is a good underground and main line rail connection together with a major coach hub. Your clients will appreciate the transportation options available and the diversity of the area makes Victoria one of the most accessible parts of London.

There are wonderful restaurants, traditional pubs, theatres, and boutique hotels right on the doorstep so you can entertain clients with a wide choice of dining and entertainment. Although the serious part of any business negotiations will be conducted in your offices, it will be conducive if your clients can also relax. Victoria will spoil them with Buckingham Palace, Houses of Parliament, Westminster Abbey, and Westminster Cathedral all within a short stroll.

Stag Place is one of the most popular areas to rent office space in Victoria and nearby occupants are Channel 4. Just around the corner are the headquarters of the Metropolitan Police and Transport for London.

Affordability

How can a small business owner afford office space in Victoria? Conventional office space is prohibitively expensive and usually require a medium to long term commitment which is unattractive in today’s uncertain economic climate. The solution is renting serviced offices which have built in flexibility ideally suited to the current business situation.

Office solutions

Serviced offices have a huge advantage in their immediate availability. As a busy business owner you do not want to invest valuable time and money searching for business premises and fitting them out. Renting conventional offices requires time and cost plus a long term occupancy is envisaged although it might be possible to use a break clause but there will usually be a premium involved. Conventional offices are normally governed by leases which are complex and often incur hefty legal costs with lengthy solicitors negotiations. The cost of occupying conventional office space in Victoria will be prohibitively expensive for the majority of businesses. One way of getting a foothold is to rent serviced offices which are meant to be a short term solution but can in fact be rolled over and become a long term arrangements should it suit your business needs.

Advantages

Serviced offices are already fitted with furniture, high speed internet and telephony services, a fully serviced reception area complete with staff and security staff. As the offices are complete you can move in on very short notice, sometimes within 24 hours of signing the rental agreement. Unlike traditional offices, the agreement is simple and does not require lengthy scrutiny by expensive lawyers. The offices are smartly presented making an instant favourable impact on any prospective clients.

At Abacus Real Estate, we can find suitable offices for your business in Victoria.