Beginner's Guide to Serviced Offices
Your Office Options Comparison Table
| Freehold |
|
| Positives |
Negatives |
| Long term investment |
Ties-up capital |
| Control of Costs |
Fit-out costs |
| Status & Branding |
Management & Maintenance |
| Stability |
Exposure to Property Cycle |
| |
Limited flexibility |
| Leased |
|
| Positives |
Negatives |
| Continuity of term |
CAPEX required |
| Possible lease incentives |
FRS12 exposure |
| Assignment rights |
Costs associated with leases |
| Branding & Status |
Limited flexibility |
| Serviced |
|
| No CAPEX required |
Perception of cost |
| Flexible terms (3 months+) |
Reliance on Operator |
| Ability to expand |
Possible branding issues |
| Immediate Occupation |
No subletting |
| Fully furnished and internet ready |
|
| Easy Budgeting |
|
| Prime Locations |
|
| Economies of Scale |
|
| Outsourced management |
|
NEXT: Use our online office space calculator to find
out how much space you require and you can choose to receive a
free, office cost proposal.
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