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At Commercial List we have seen an increase in demand for serviced offices across the UK. Occupancy rates are strong and keep rising, reaching around 80-88% in London and 80-86% nationally in early 2024.
What are serviced offices?
Serviced offices are fully furnished, ready-to-use workspaces within a larger building, where the provider manages all facilities like internet, reception, cleaning, and utilities, charging an all-inclusive rent.
Why are they so popular?
Many businesses are now choosing serviced offices as they offer a cost-effective, hassle-free alternative to traditional leases, allowing businesses to scale space easily with short-term agreements. Some of the main benefits are as followed:-
- Flexibility;
Short-term contracts replace long leases, letting businesses adjust space as needed by removing long term commitments.
- Transparent costs;
Usually, a single monthly bill covers rent, utilities, internet, maintenance, cleaning and buildings insurance. This makes it easier for businesses, especially start-ups to forecast their monthly expenditure with certainty, avoiding unexpected costs.
- Ready-to-Use;
Most spaces come equipped with modern furniture, IT infrastructure, and business machines, allowing immediate ‘ready to go’ occupation.
- Networking;
Shared spaces create opportunities to connect with other businesses.
Commercial List’s involvement within the serviced office market
Commercial List has built a proven reputation for managing the lettings of serviced office accommodation throughout the UK. Our experience spans major towns and cities including Nottingham, Grantham, Norwich, London, Peterborough and Wigan.
Commercial List can market your serviced offices from just £150 plus VAT via our range of online agency packages. Furthermore, we try to be as flexible as possible with our clients and can advertise multiple suites / offices under one listing in order to keep your marketing costs to a minimum.
Visit our website or call us today to discover how we can help you find suitable tenants for your serviced office accommodation quickly and cost-effectively.