A flexible office is a fully furnished office space that is ready to move in and available with a flexible short- or medium-term rental agreement. In a flexible office, an operator assumes responsibility for maintaining the building and typically provides additional services and facilities. A lease on a flexible office is generally shorter in term, for a few months or longer, allowing businesses the option to expand or reduce their space depending on their requirements. All this is done to make money by allowing companies to pay only for the space they need.
Flexible offices vary in size, from single offices to entire buildings and everything else. Often these offices contain shared amenities like kitchens, breakout space, outdoor space, cycle racks and event spaces, giving companies access to infrastructure you may not otherwise have been able to afford.
Main advantages of renting flexible office space.
1. Flexible short-term arrangements for maximum flexibility.
To put it briefly – flexibility. Flexibility is the main advantage of renting this type of desk. First, you have flexible conditions that allow you to lease an office for a month to two years or longer. Secondly, you only pay for the space you need, you have the opportunity to expand or contract the space you need every time you have to renew your lease. Third, you have the flexibility to choose the kind of work space that works best for you, allowing you to work as you want, where you want and when you want.
2. Cost-effective workspaces
Flexible offices can help you save money, preserve capital and cut overheads. You only pay for the space you require. A budget is not required for significant development, settlement or capital expenditures. Unlike leasehold properties, there are no decay costs and no requirement to return the office to its original condition at the exit.
3. Access to all necessary facilities to ensure smooth operation.
In a typical flexible office for rent, you will find that utilities, internet, telephones, kitchens, cleaning and housekeeping services are all provided. In today’s environment, flexible office buildings offer luxury amenities with flexible conditions and great prices. London has some of the best coworking spaces in the world that are readily available to companies of all sizes.
4. No building maintenance costs or headaches
In a flexible office you are not responsible for the maintenance of the building, so not only do you avoid the costs of maintenance, you also avoid all the administrative work that goes with it.
5. Administration support for increased productivity.
Almost all flexible rental offices provide clerical support to help your business run smoothly. IT support will keep your business on-line, a reception team will manage comings and goings and mail handling services are the norm allowing you to focus on running, and growing, your business.
6. Fully inclusive costs for easy financial planning.
Flexible desk fees are usually covered by an all-inclusive monthly fee. This is generally expressed as a monthly price per job. It helps your business with financial planning and avoids handling a stack of bills for your various office expenses.
7. Instant availability avoids downtimes.
Flexible desks are easy to find and easily accessible, so you can get there quickly. They’re ready anytime you want. You may sign the agreement one day and start working there the next. The time to find a temporary space in your office is over.
8. Opportunities to network and collaborate.
Buildings that have flexible offices will generally have multiple other businesses based there. Shared spaces like rest areas, dining rooms, gymnasiums and outdoor spaces all offer excellent networking opportunities. Many of these buildings now have a calendar of activities that encourages companies to meet, learn or train in new skills.
Who uses flexible offices?
Start-ups and entrepreneurs – Start-ups and entrepreneurs have always been attracted towards flexible office spaces. The capacity to rent in the short term and avoid long-term contracts and hidden costs has always been attractive.
Scaling and Growing – Start-ups that have moved into the scaling phase need to quickly find appropriate offices and a workspace that has the flexibility to grow. Established businesses who have moved beyond their rental space are also attracted to flexible offices.
Companies Expanding into New Markets – Companies looking to expand into new territories rely on flexible offices to offer them a quick and low risk base when exploring new markets regions.
Project Teams – Project teams who require fully resourced space to execute a contract or task perfectly match the offices served.
Businesses – Large businesses use flexible offices to meet a variety of requirements. There are those who accept the flexibility and agility that these offices offer. Others use it to support a star-shaped housing strategy.
Find a flexible office to rent that fits your business by contacting one of our brokers today.