Office Space FAQ

Serviced offices offer access to fully functional office space in a matter of hours or days. They are run by dedicated office management companies, which liaise with service providers and ensure premises are configured to suit the tenant's needs.
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Managed office space is a bespoke office solution with greater tenant input than serviced offices and with more support than conventional office space.
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These offices typically feature a mix of open plan space and private offices. Space arrangements vary depending on the packages chosen or provided, with some tenants having allocated workspaces and others relying on desk sharing if there's no dedicated workspace, allowing users to choose their station on a first-come-first-served basis.
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Conventional offices are also known as leasehold offices and are typically the first choice of businesses that require long-term office space. They're a popular option among companies willing to commit to a longer rental period and who want to have the freedom to decide on the layout and equipment of their workspace, without having to commit to buying a property.
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Virtual offices offer their clients a range of physical and digital services. These are available on a package or membership basis, so the inclusions and exclusions vary.
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In the case of office space, properties are classified following a classification system that uses letters (A, B, and C). This classification system was created by the The Building Owners and Managers Association, and its categories have been adopted by its international affiliates, one of which is the United Kingdom.
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Generally speaking, flexible office space gives business owners access to fully equipped office premises without requiring a long-term commitment in terms of lease duration or contract terms.
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Opting for a furnished office can be a cost effective option for companies who have fewer than 20 employees, as higher rental costs can be easily offset when a limited number of staff is involved.
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Office leasing and renting are two terms often used interchangeably to describe a business tenancy, although there are some important differences in how these workspace arrangements work and in their legal implications.
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Licenses for office space are valid for a maximum of two years, while leases cover longer periods of time. Unless otherwise specified, licensed office space is not up for renewal once the license period has expired.
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Because of price and availability constraints, it's essential to have an accurate idea of how much office space is needed before starting to make enquiries. This will save you time and money, as you won't end up paying for unnecessary space. So, how much space is needed to run an office?
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Starting and growing a business requires a substantial amount of time and effort, so finding suitable accommodation is an important factor for the success of business operations. Because this is a major commitment, you'll want to make sure you make the right choice and to do that you'll need to ask the right questions.
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Here's an overview of the most important things to ask yourself before moving to a new office location.
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Rent is one of the major costs for office-based businesses. However, there are a handful of other vital expenses associated with renting office space that shouldn't be overlooked if you're seeking to accurately control your business' budget and profitability. It's usually recommended that small businesses keep an expenses-to-profit ratio of approximately 30%.
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Business rates are a type of tax that applies to non-residential premises in the United Kingdom, including shops, warehouses, offices, and factories. They were introduced in the late 1980s and are sometimes called non-domestic rates.
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Opening an office in the UK is a low-cost procedure and there are no minimum capital requirements. However, as a business owner you'll need to comply with certain regulations and requirements to ensure this crucial step goes smoothly and you set your business for success.
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Under UK law, employers have a duty of care towards their staff, clients, and visitors. This means that it's necessary to have policies and procedures in place that safeguard health and safety in the workplace. The particulars of these policies and procedures vary depending on the workplace type, but the following requirements apply to most office-based businesses.
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