Serviced Offices Blog


Ideas for creating a productive and appealing office environment

Posted by admin on December 20, 2013 at 9:45 am. Filed under: serviced offices

You may have already decided that serviced offices are right for your business. Perhaps you’ve even tied down the location. But once you’ve found your office space, how can you maximize it to best serve your business?

Creating a productive and pleasant working environment is essential to the success of any business. After all, you and your colleagues are likely to be spending a great deal of time between those four walls, so making it a great place to work is very important.

There are many factors to consider and the balance of elements that go into the making of a great office environment is somewhat subjective. Certainly, the nature of your business will dictate to some degree how your office looks and operates, as will the number of staff you employ. But what follows are a few general points to consider when setting up your new serviced office.

A reflection of your business
Your office space should be an extension of your business, helping to reflect your identity to both staff and visitors. Again, the nature of your business will guide you – if you were working within the creative industries for example it would make sense for your office to reflect your creative flair and interest in design.

Room to breathe
Creating a comfortable work environment means giving your staff ample space to do their job. This means creating a layout and desk configuration that offers privacy when needed, but also ensures that people don’t feel isolated from their colleagues and instead remain connected. One of the many benefits of serviced offices is that they often come fully furnished, but look for workstations that can be moved to suit your needs.

Are you sitting comfortably?
A well-positioned desk in a well-considered workspace needs a high quality chair to match. Back pain and related issues are a serious problem for many office workers. If your staff spend long hours at their desks, their lives and as a result the quality of their work, will be greatly improved with the aid of an appropriate chair. Make sure that you’re happy with the quality of the chairs provided in your serviced office.

Keep it flexible
It’s also a good idea to create a workspace that can be easily reconfigured to accommodate changes in your business. These could be permanent changes such as new staff members but also temporary ones, for example creating a designated work area for a specific project.

Creature comforts
If you get it right, your office will be a great place to work, helping to improve productivity and inspire you and your staff to great things. Think about maximizing the amount of natural light in the office. Use plants to add some colour. Provide bowls of fruit and drinking water. Perhaps install an espresso machine? Little details can make all the difference.

Keep it clean
A clean office is paramount to a productive working environment, keeping it free of dust and germs that can lead to illness. It’s also vital that your office is presentable to visitors and potential clients. A clean office is a reflection of you and your business and helps significantly in making a good impression on all those who set foot in your working space. Another advantage of serviced offices is that commercial cleaning will be included as part of your monthly payment.

 

Ventia to open its thirteenth central London site in City of London

Posted by admin on December 3, 2013 at 4:49 pm. Filed under: offices to let,serviced offices

Twenty Eight Queen Street, due to open at the beginning of December, is not only Ventia’s thirteenth central London site since the company started three years ago, it is also Ventia’s third acquistion this year alone.

Situated in the heart of the City of London, Twenty Eight Queen Street, has excellent transports links with Mansion House, Cannon Street and Bank tube just a stone’s throw away. Whilst most serviced office space in the area is modern and and lacking in character, Queen Street is rare find offering quite the opposite.

The two imposing Georgian Grade II listed buildings, part of the Queen Street Conservation Area, are connected by an impressive central staircase and retains many of its period features. The spacious 6,401 square feet includes basement, lower ground, ground and three upper floors spread across the two buildings providing office and ancillary accommodation.

The site has been restored and refurbished to the highest standard throughout, with carefully thought-through interiors that compliment the original Georgian style of the property. As with all Ventia offices, Queen Street is unbranded and fully-furnished, offering a bespoke space which can be tailored to meet individual business needs.

Director, Dan Wheble comments, ‘The City of London is an exciting area to be, and Twenty Eight Queen Street follows suit in Ventia’s desire to find and restore period buildings into serviced office space. It provides a great mix of character with new facilities and stylish interiors. This latest addition to our ever-expanding portfolio offers something very different to a prospective client.’

Will Kinnear of Green Kinnear acted on behalf of Ventia, its third transaction for Ventia this year. A 10 year lease was secured with a break option at five years, a cost of £23.00 per square foot rent, with nine months rent free.

Will Kinnear comments, ” The acquisition of 27-28 Queen Street brings up our hat trick of deals done on behalf of Ventia. We were able to find and negotiate a swift deal with the Landlord at this landmark building which provides quality period office space in the heart of the City of London.”

Clients at all of Ventia’s new properties receive high-speed broadband as standard, with industry-beating IT and telecoms packages provided by VTSL. This is alongside a dedicated on-site team who act as company receptionists, assisting with the day-to-day running of an office.

28 Queen Street

 

Top 5 Ways to Save Money with Serviced Offices

Posted by admin on September 24, 2013 at 9:10 am. Filed under: serviced offices

Serviced offices are extremely popular because they can help businesses of all sizes to save money. Originally they held many advantages that suited mainly small businesses, but now larger organisations have also started to realise that they can cut costs by moving to a serviced office. Here are the top five ways in which a serviced office could benefit your business.

1. One Upfront Cost
One of the biggest advantages that businesses have found is that they only have to pay one single upfront cost each month which then encompasses everything they need. So, while a traditional lease would have a separate charge for rent, rates, maintenance, utilities, telecoms, security and cleaning, a serviced office includes all of these in one sole charge. What’s more, you’ll usually have office furniture included too! This not only saves you money, particularly when looking at London office space, where extra charges could be astronomical, but it also saves you the hassle of having to organise all of these services yourself too.

2. Shorter Lease
If you’re setting up in a new location or with a new business, it can be hard to know how successful you might be, so signing a five or even ten-year lease with a landlord can be extremely scary and can leave you still paying long after you’ve shut up shop and moved on. If you want to try out Liverpool offices without risking everything, however, then you should look at a serviced office – leases are significantly shorter and you usually have the flexibility to increase or decrease space as you need to.

3. Extra Rooms When You Need Them
You may find that your day-to-day business needs only require a small amount of office space, but that on occasion you need to welcome clients or colleagues from another branch and need some extra space. Most business centres have meeting rooms which can be hired on a daily, or even hourly, basis, so you won’t have to pay for extra space on a permanent basis but which is mostly left unused – you can just add on what you need, when you need it.

4. Additional Services
If you had to employ a receptionist, cleaner or security guard for the year, you’d probably end up shelling out quite a lot in labour costs. Yet these services are all essential for keeping your business secure and professional looking. Most business centres include cleaning and security as part of the package, and you can often also engage the services of a receptionist based in the property who can welcome your visitors and take phone calls as if she were working directly for you.

5. Better Location
It would be very expensive to take out a traditional lease in a smart area of London, but a serviced office gives you that great location in a swish building at a fraction of the cost. Having a good location will also probably earn you more money as your clients will be able to get to you more easily.

 

Expanding Your Business with Serviced Offices

Posted by admin on September 15, 2013 at 3:26 pm. Filed under: serviced offices

Think back to when you first set up your business and all the questions that you had to ask yourself when it came to choosing an office. Where would the best location be? How much space might you need? Will you be likely to expand? Will you be successful? All of these same questions apply when it comes to expanding your business too.

Your business may expand in two different ways. Firstly, you might want to increase operations in your current location because you are doing so well. This could include taking on additional staff and so needing a bigger office space to accommodate them all. Alternatively, you might be thinking of opening up a new branch of your business in another location, which is when the above questions need to be answered. Here are some of the ways in which serviced offices can help you achieve either of these expansion methods.

Larger Business Premises

Serviced offices are ideally suited to businesses which start small and want to grow. When you first start up, you might not have the funds to pay for a large office in the hope that business will soon be booming and you’ll have staff beavering away in every corner. And why should you have to pay out for space that you don’t currently need when that money could be invested elsewhere in the business?

Rather than having to shell out for additional new Liverpool office space, for example, or having to wait out your lengthy lease on your current premises before you can move, going with serviced offices Liverpool means you’ll have a flexible lease which you can expand within the business centre to take on more square footage as and when you need it.

Premises in a New Location

Deciding to start again in a new location can be a gamble, but can be one worth the risk. Choosing a serviced office for your new branch has multiple advantages. In the same way as with your original premises, you’ll have the flexibility on your lease to expand if things go well, and you’ll also be able to benefit from a shorter lease in case they don’t.

If you’ve established that there is a gap or a need in the current location in your market, then you’ll no doubt want to get going straightaway, and especially before any competitors get there. You’ll be able to move into a serviced office immediately, with furniture and fittings already in place and utilities set up so you really could start trading the very same day if you wanted to.

You’ll also have the essential staff already on site to help you get started if you’ve not managed to recruit other employees just yet. A full-time receptionist to field your calls, take messages and greet visitors on behalf of your company will be a huge benefit, as will cleaning and security personnel.

Here at Abacus Real Estate, you’ll find a huge selection of serviced offices from all around the world, so use our Office Finder to find yours today.

 

Who Needs Serviced Offices?

Posted by admin on September 2, 2013 at 3:03 pm. Filed under: serviced offices

Serviced offices and business centres were originally the saviour of new and small businesses who needed a simpler and easier way of getting business premises. They offered short-term, flexible leases and the ability to pay for everything in one simple charge, meaning no initial outlay was required. However, these days, all kinds of businesses are benefiting from serviced offices. Here are some of the different types of businesses which choose to rent them.

New Businesses

We’ve already pointed out a couple of the ways in which new start-up businesses can benefit from serviced offices. New businesses don’t often have a great deal of cash behind them, and so finding the initial funds to finance the deposit, furniture and refitting of a traditional office property would be difficult. They also found it harder to budget for month-to-month costs such as utilities, telecoms and maintenance because those costs can be pretty much an unknown quantity. However, with a serviced office, you get all of those costs in one monthly charge, and you also have a smart and professional looking office which you can use to impress customers. If you’ve just taken on small premises but need to use meeting rooms from time to time to welcome clients or visitors, then a serviced office is ideal because you can rent out extra space on an ad hoc basis and usually by the day or even by the hour. This saves you from having to pay to rent large office space London when you usually only need a small amount of space.

Growing Businesses

Larger businesses may decide to expand to new locations, such as trying out a new branch in Manchester when their only experience has been in London, for example. This can be a gamble if you don’t know the new location that well, but if you choose serviced Manchester offices, you can take away a lot of the risks involved, again by benefiting from short and flexible leases. If things don’t work out like you planned, you can scrap your new office and try a better location without a huge financial loss. If you’re planning on looking for a more permanent office space in a new location, but still need a base for getting things set up and interviewing new staff, then a serviced office can also be an ideal stop gap. This saves you from wasting time and resources that could be better spent elsewhere.

New or Unstable Markets

You may have had a very solid business until now but find that new technology or advances have made your current sector unstable, or you may be venturing into a completely new market, as many digital businesses have done over the last few years. In either of these situations it can be hard to commit to a long-term lease or to continue running large business premises that are no longer suitable. Serviced offices allow you to downsize (or expand) when you need to, so you won’t be wasting money and jeopardising your business.

 

 

Growing your firm with the help of serviced offices

Posted by admin on August 24, 2013 at 10:39 am. Filed under: serviced offices

There are lots of reasons why serviced office rental agreements are so popular these days. For example, firms that take advantage of these leases benefit from a range of inclusive services. They don’t have to worry about having their own receptionist and they also get to make the most of phone answering services. In addition, they have access to meeting and conference spaces.

However, there’s another reason why offices like this are proving a hit and that’s flexibility.

Starting out

Starting your own business can be exciting and, if you prove to be successful, you stand to reap potentially significant financial rewards. Of course, achieving this outcome isn’t easy. Economic conditions remain tough, business costs are rising and there is plenty of competition out there.

However, if you’re savvy, you can make your life that little bit easier. By using serviced offices London or elsewhere, rather than opting for traditional office agreements, you can give yourself greater flexibility. These leases are typically available on six, nine and 12-month contracts, and it’s even possible to get three-month agreements. When you’re a fledgling enterprise, it can be virtually impossible to predict demand for your goods or services, so this freedom is especially important.

Peace of mind

Knowing that you aren’t tied into long-term contracts over your working space can offer you greater peace of mind. It means that if and when you need to, you’ll be free to expand or contract.

More fixed costs

Getting to grips with your new firm’s finances can be tricky too, but serviced offices once again come into their own here. Because many of your bills will be included in your rent, including heating, lighting and security, you’ll have less uncertainty to contend with. It’s much easier to plan your finances when you have more fixed costs.

Property management headaches

Also, if you opt for serviced offices Liverpool or elsewhere you won’t have the usual property management headaches to contend with. It will be someone else’s job to worry about these logistics, meaning you’ll have more time and energy to focus on your company.

Simple

The best thing is, finding serviced offices is now a breeze. Here at Abacus Real Estate we know how important it is for bosses to be able to secure the ideal working spaces and, by using our website, you should be able to do precisely this.

Just take a look at the offices available in your desired location. You won’t be stuck for choice.

A checklist

Before you make any final decisions, it’s important to ensure the office you have in mind meets all the relevant criteria. For example, it must be within your budget, in the right location and have all the equipment you need. Also, it’s important that the office looks the part. As long as you’re methodical and don’t make any snap decisions, you should achieve the results you’re after.

Serviced offices are probably the fastest growing and most exciting sector within the commercial property market, and it’s not hard to see why.

 

Services offices explained

Posted by admin on August 9, 2013 at 9:45 am. Filed under: serviced offices

More and more firms are using serviced offices and it’s not hard to see why. There are lots of advantages associated with these working spaces and firms of all sizes and in a variety of industries can benefit from them.

Thankfully, it’s also easy for bosses to find serviced working spaces and if you’re on the hunt for offices like this, you’ve come to the right place. Just take a look around our website to see what’s available.

What are they?

Serviced offices are usually found in business centres and they range in size. One of the things that sets them apart from conventional offices is the fact that a range of services are included in the rent.

Also, these working environments are often available on short-term, flexible leases.

A total solution

One of the major benefits associated with these offices is the fact that they are a complete solution because they are fully fitted and furnished. This means that when you move into a working space like this, you can hit the ground running. You won’t have to worry about ordering in furniture and equipment, getting your systems organised and so on.

Also, the working spaces tend to come with reception and telephone answering services, secretarial support, conference and meeting facilities and high-speed internet access.

Costs

When you see the rental costs of serviced offices, you may initially be put off. After all, they can be higher than traditional office fees. However, it’s important to bear in mind that the rent you pay includes nearly all the costs you would normally expect to cover on top of the rent you hand over in conventional offices.

There are no additional costs for business rates, heating, air conditioning, lighting, power, security, cleaning, building maintenance, insurance and so on. The only additional costs are for telephone and internet usage – and it’s worth bearing in mind that these are normally charged at standard or even discounted rates. Having more fixed costs like this can give you greater peace of mind and it makes long-term financial planning much easier.

Flexibility

It can be impossible to predict fluctuations in demand for your products or services, and so it’s risky making long-term office commitments. The great thing about serviced offices is you don’t have to. Leases can be as short as three months, and typically they last for six, nine or 12 months.

This contrasts sharply with traditional leases and it can give you much greater flexibility to shrink or expand as required. Knowing you’re not tied into lengthy leases can be a big relief, especially given the turbulent economic conditions affecting the UK and many other countries at present.

Take your pick

If you’re keen to check out the serviced offices available in your desired location, just take a look around our website. Whether you’re after Edinburgh office space, Liverpool office space or anything else, you shouldn’t struggle to find it.

Of course, before you commit to any particular agreement, make sure it ticks each and every one of your boxes.

 

Why businesses choose serviced office rental

Posted by admin on July 19, 2013 at 11:00 am. Filed under: serviced offices

Having the right premises from which to operate can be vital to a company’s success, with the combination of a great working environment, prestigious postcode and competitive rates ensuring a business can thrive. But, finding the right property can be easier said than done. These days a lot of businesses (particularly those that are just starting out) may not have the funds to confidently sign a long-term lease, and what about the issues of refurbishment/facilities/opportunity to expand? Flexibility and cost-effectiveness are two key areas of concern, and that’s why managed arrangements are quickly becoming the preferred choice.

The benefits of serviced office rental

•    Flexibility. Traditional leases tend to last for ten years, meaning a company is tied into that one location and will face administration charges should they need to move. Of course, this arrangement is far from ideal—what if circumstances change? If you’re going through a period of growth or temporarily need additional space for subcontractors (for example) you’ll want the flexibility to add more space as necessary, and a managed office can deliver that kind of solution.

•    Value. You might think that managed options will be far more expensive than a traditional lease, but this isn’t always the case. And, when you consider the fact that you’re getting a fully furnished space and that the fixed rate covers every aspect of office management, you’ll soon see that it’s actually a highly cost-effective solution with no need to worry about any unforeseen costs that might normally be associated with running an office.

•    Convenience. Most serviced premises will be ready to move into at a moment’s notice, with these all-inclusive spaces having all the facilities and amenities necessary to get started straight away. You’ll have everything from reception desks to workstations, and the fixed price means you’ll be far better able to manage your finances to offer another level of convenience into the mix.

•    Location. A lot of managed spaces will be in highly prestigious locations with the likes of serviced offices in Mayfair and high-end Manchester offices being readily available, and the right location can make all the difference both in terms of customer impression and ease of access for clients and employees.

Ultimately, having the right commercial premises can transform your company’s prospects. It can make all the difference to the way it functions on a day-to-day basis and can even affect the impression it gives to clients and visitors—if you’ve got a drab, poorly-furnished office space not only will employees be unmotivated but it won’t put your business in a good light, and then there’s the fact that if you’re tied in to a long-term contract you could easily come unstuck should your financial situation change. That’s why managed solutions should be the preferred choice.

The days of traditional office leases are quickly becoming a thing of the past, and with more and more businesses choosing to go down the managed route it’s high time you joined them. So, if you want first-hand experience of why businesses choose serviced office rental make sure to get in touch and you’ll soon be able to reap the rewards of this way of operating.

 

Could serviced offices be the key to business growth?

Posted by admin on July 15, 2013 at 10:48 am. Filed under: serviced offices

In order for a business to grow to its full potential, it needs not only the necessary capital but the right commercial premises from which to operate. Traditional office leases used to be the preferred choice, but in the current climate this isn’t always the best solution—suitable funds could be difficult to come by and it can be tough for fledgling businesses to get their foot in the door, and the opportunity to expand will often be limited. That’s why serviced offices could be the ideal solution.

The rise of serviced offices

The serviced office industry is booming, and it’s proving to be the perfect way for a business to not only get started but to move forwards in its operations. The flexibility is the key motivator, making it particularly desirable for smaller companies and start-ups—they’re not tied into long-term leases and in many cases can increase the amount of office space they need as their business develops, being a great option for those with big ambitions.

And it’s a growing trend across the country. The demand for serviced offices in Birmingham, for example, has risen by a fifth whilst in Sheffield new placements for the first quarter of 2013 are up 50% on last year, and Edinburgh is enjoying 25% more serviced office tenants too. According to research the rise of the sector is largely being driven by companies with 2 or 3 personnel, giving them a cost-effective and convenient way to get their business moving.

The solution to government legislation

Serviced offices could even be the solution to government legislation regarding commercial properties in London—a lot of traditional office buildings are being converted into housing developments, and that means it’s much harder for businesses, particularly start-ups, to get a foothold in key commercial districts. But, serviced properties are unaffected by such plans and that means they’ve been touted as the key to recovery, with serviced office space in London being a great way to get established in a prime City location.

This kind of arrangement can give fledgling companies the prestigious address they need to make the right impression, all the while getting an office that can provide the amenities and facilities necessary to ensure daily operations can run as smoothly as possible. It’s a simple, convenient and highly cost-effective solution to a business’ premises requirements, and it can all add up to meaning a company’s far more likely to grow to their full potential—the flexible nature of the contract, the prestigious postcode, the convenience and budget-friendly arrangement can combine to ensure a business owner has nothing else to worry about but making a profit, and with such an effective environment in which to work employees will be motivated too.

Do you want to see if a serviced office can give your company the boost it needs to move forwards? Then make sure to get in touch with us here at Abacus Real Estate, and we’ll be on-hand to help you find the solution to suit.

 

The Advantages of Serviced Offices

Posted by admin on July 9, 2013 at 10:35 am. Filed under: serviced offices

 

Choosing the right office space to rent is an important decision for any business. It is your working environment and can affect your business in all kinds of ways, from whether it attracts and is convenient for customers, whether it makes travelling to and from the premises convenient and whether it inspires you and your staff to work. Critically, it can also affect the success of the business in terms of whether you can afford the lease conditions you have tied yourself into and for the amount of time you’ve signed up for.

Businesses can be very changeable. With the current economic climate, it has been particularly important for organisations to be able to adapt to the new situations they find themselves in. This could include reducing the amount of office space (and employees) they’ve taken on in order to save on outgoings. Being able to make this change could make the difference between a business continuing on through a bad patch and going under completely.

Consequently, more and more businesses are looking at serviced office space to rent instead of traditional office leases. The reason for this is because serviced London office space and serviced offices across the rest of the country offer significantly shorter leases in comparison to traditional leases. This is obviously attractive to businesses of all sizes and in all sectors because it means that they can react and adapt much more quickly than they could have done previously. It’s not necessarily just about decreasing space either – another advantage of serviced offices is that you can take on a small office space and then increase the size of your premises as you increase the size of your business.

When we first started to hear of serviced offices London and the rest of the UK had to offer, they were primarily used by new business start-ups and SMEs as temporary accommodation while they got off the ground and moved to a more permanent space. However, this is no longer the case. Companies of all sizes now take advantage of the great benefits that serviced offices have to offer.

So, what are these benefits? Well, the flexibility of the lease terms is a major advantage. Traditional leases could be around ten years, which is a big commitment for any business, but especially for a small or start-up business. Serviced offices are great for new businesses, for expanding businesses, for businesses who need to open temporary premises in a new location, and for businesses who want to pay one flat rate.

This latter point is another of the main advantages that serviced offices offer. Serviced offices are located in business centres and are generally well kitted out with attractive and modern furnishings. Normally in a great location, you’ll also usually get your utilities, telecommunications, cleaning and security bills included. Many also offer a manned reception desk which will take and transfer your calls for you, plus access to other services. Most organisations find this very good value for money and that they are better able to budget because they know what the costs for premises are going to be every month.

 

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