Curious about the various types of offices available? In this blog post, we’re exploring two of your options: Serviced Offices and Managed Offices. We’ll cover all the essentials, including what defines them, how they distinguish themselves from other office types, the advantages they offer and which option would be best for you.
While the terms “serviced office” and “managed office space” are often used interchangeably, it’s important to recognise their differences when considering your workspace options.
A serviced office is a flexible workspace solution available on a simple license agreement. These offices are managed by a serviced office provider offering a hassle-free experience. Typically tailored for small and medium-sized businesses, there are now large enterprises also making the most of the flexible/premium offering. Serviced offices are fully furnished and ready to use, providing everything you need to start working immediately. Plug & play is a term you might frequently come across in the serviced world.
On the other hand, managed office spaces, while also operated by third-party providers, are typically leased for 12-36 months as an entire self-contained office to a single business, rather than divided among multiple businesses. These spaces often encompass more space per person, offering more room for dedicated amenities such as break out areas and kitchens rather than shared amenities. Managed office spaces can be customised to suit your specific business requirements, providing a flexible canvas for your workspace needs.
If you’re looking for a fully furnished office space, complete with an on-site management team and on-demand access to facilities, then a serviced office might be your ideal choice.
Serviced offices are particularly well-suited for businesses, of all sizes, that seek a private workspace but still want to enjoy the benefits of a co-working environment. The flexibility offered by serviced offices can also be attractive to fast growing businesses, as you can tailor your agreement to align with your evolving needs. This is particularly helpful when a business is struggling to forecast how many staff will actively be using the office on a regular basis.
On the other hand, if you prefer to have your very own, exclusive, workspace that allows for high customisability and a more fixed agreement, a managed office could be the right option for you.
Combining elements of traditional office space with the amenities provided by serviced offices, managed offices offer SMEs and larger businesses enhanced flexibility compared to a conventional lease. This flexibility allows you to have more control over the aesthetics and ambiance of your workspace.
As experts in office search and negotiation, we’ve consistently earned the trust of businesses seeking their ideal workspace. Over our 10 years working in the industry, we’ve gained the ability to identify what truly defines a great serviced office, gaining a deep understanding of the essential qualities that make these spaces exceptional.
Below are the top qualities we look for:
We understand that businesses have diverse preferences and requirements. Here are some of our top picks for serviced and managed offices in London, each catering to unique clientele:
TOG – Chancery House (Premium)
Argyll – North Audley (Mayfair Corporate)
WeWork – Mark Square (Shoreditch Creative & Vibrant)
Runway East – Bloomsbury (Cost-effective with a Cool Vibe)
Working From – Southwark (Premium and Stylish)
Curious about how we can help you save money on your office search? Don’t hesitate to take advantage of our complimentary office search consultation. Get in touch with our team now by clicking here or give us a call on 020 8588 9876.