What is the difference between renting a furnished office and an unfurnished office?
In furnished office premises, office furniture is provided and included in the rental rates. The type and amount of furniture provided may vary, but it often includes office chairs, desks, computer workstations, seating in reception areas, tables and chairs in conference or meeting rooms, cabinets and storage units, etc. In addition to furniture, other fixtures may also be provided, such as heating and ventilation systems or telecommunications networks. Common office equipment, such as photocopiers, switchboards, fax machines, is sometimes included as part of a furnished office.
Unfurnished offices are provided without furniture, although they may or may not come fitted with telecommunications systems. Tenants who opt for renting an unfurnished office can either use their existing equipment or fit out their premises with new furniture. There is yet another type of unfurnished office premises. These can be found in business centres or co-working spaces, where tenants have the option of renting an unfurnished office unit, but at the same time benefit from access to common reception and break areas, washroom facilities, meeting rooms, copy rooms, etc. This may be a cost-effective solution for small companies or solo entrepreneurs who want to reduce their overheads and yet enjoy access to all the necessary business facilities.
Another important difference between furnished and unfurnished office space is that the former is often more expensive, since landlords have had to invest in furniture and equipment. However, prospective occupiers should be aware of the costs associated with equipping an unfurnished office, which can range between £40 and £80 per square foot.
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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