Serviced office space

Serviced office spaces are fully equipped and ready-to-use offices managed by an operator. They offer flexibility with short-term leases, and all the amenities and services are included in the rent.

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Flexibility
Short-term leases, usually
month-to-month.

All-Inclusive
Rent covers utilities, cleaning, internet, and often furniture.
Shared Facilities
Access to shared amenities like meeting rooms, kitchens, and reception services.
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Location
Often in prime business locations, ideal for companies wanting a prestigious address.
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Turnkey Solution
Move-in ready with minimal setup required.

Managed office space

Managed office spaces are customised offices tailored to a company's needs, typically managed by a third-party provider. These spaces offer a middle ground between serviced and leasehold offices, combining some of the flexibility of serviced spaces with the customisation of leasehold spaces Let’s delve into some of the characteristics.

Customisation
Offices are fitted out and designed to meet the specific needs of the tenant.

Flexibility
More flexible than leasehold, often with medium-term leases.

Managed Services
The provider handles facilities management, including maintenance and sometimes IT support.

Cost
More cost-effective than serviced offices for larger teams.

Control
Tenants have more control over branding and layout compared to serviced offices.

Leasehold office space

Leasehold office spaces are traditional office leases where a company rents space directly from a landlord, usually for a long-term period. These are often "bare" spaces that require the tenant to fit out and furnish the office.

Long-Term Commitment
Leases typically range from 3 to 10 years or more.

Customisation
Often leased in a Cat A condition, you have full control over the design, fit-out, and branding of the space.

Responsibility
You are responsible for all costs related to the office, including utilities, maintenance, and insurance.

Cost-Effective for Large Companies
Suitable for companies with stable long-term needs.

Greater Control
You have complete control over the space and can sublet or assign the lease (with landlord permission).

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