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.
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.