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ATA Consultants overview of Serviced Offices and Business Centres UK
SERVICED OFFICES
Serviced Offices are an instant, flexible and easy to utilise office space solution. They offer ready-made offices often fully equipped with furniture, telephone lines, Internet Access, reception and kitchen facilities. Serviced Offices are used by all companies ranging from a 1-person start-up to blue-chip multinationals. Serviced Office space solutions are also used by rapidly expanding companies looking for the benefits of a flexible rental agreement. Companies now want to better service their customers by using regionally placed satellite offices, the Serviced Office is a classic quick-fix solution for this type of situation. The benefits of serviced offices are
Flexibility of Contract: You decide how long you want the office space. Contracts are normally negotiated depending on how long the office space is needed for.
2. Ease of Transition: Since Serviced Offices already have systems in place ready for Clients to utilise at an extremely short notice, transition from an existing location to a Serviced Office is made easy.
3. Cost Effective: Serviced Offices can be extremely cost effective (depending on your exact requirements!) since you only pay for the office space you utilise.
4. Flexibility of Office Space: Serviced Offices are extremely popular with rapidly expanding Companies. Their popularity stems from the fact that office space is only occupied when actually needed and vice versa, relinquished when not needed.
5. Limited Guarantees: To rent serviced offices you will not need trading histories, Director's guarantees, Covenants and Bank guarantees.
6. Minimal Capital Outlay: Apart from the initial deposit which is refunded at the end of your occupancy term, there is virtually NO capital outlay when moving into Serviced Offices.
7. Simplicity of Legal Agreements: Since the agreement you sign with a Serviced Office provider is a 'License' and not a 'Lease',
SERVICED OFFICES LONDON
ATA Consultants has one of the largest directories of serviced offices in the country, one of the most popular searches are for serviced offices London. London has probably the most of serviced offices anywhere worldwide, more than New York and Washington put together. The rise of the serviced office market in London has been incredible over the past few years, it has always been popular especially in the city of London and the West End of London as smaller companies have always utilised them to service their clients. However from the late 1990’s with the up serge of the.com market companies such as Regus, MWB and City Executive Offices have grown with the massive demand for serviced offices. London has always been recognised as a city where demand will always out weigh supply, however with the demise of the new media/.com boom the serviced offices, London had to offer began to become less and less full. There are still approximately 300 serviced offices in London, primarily in the west end and particularly Mayfair where some of the most expensive serviced offices in London can be found. In fact Mayfair has some of the most expensive serviced offices anywhere to be found worldwide. London also has some of the cheapest serviced offices. London areas such as Clerkenwell and Farringdon offer some of the best deals for serviced offices not only in London but throughout the UK. We can safely say the serviced offices market in London will always be strong but for the short time the market stays weak. London like everywhere else is suffering from the economic downturn and the serviced office market is no different. Probably the worst hit, are the serviced office operators in London City. Here because of the economic situation with the Banks, many smaller companies are staying away from the city.
SERVICED OFFICES UK
ATA Consultants has always worked with companies like Serviced Offices Company UK, Regus and MWB to name but a few. The company has always been at the forefront of consultancy and Recruitment to serviced offices. UK serviced offices have benefited for the past 15 years from the expertise of ATA Consultants and its team of consultants. ATA Consultants only specialises in the property sector of serviced offices, UK being its main market and London being its core business within the UK. ATA Consultants now offers consultancy, training, recruitment and its access to all serviced offices companies not only in the UK but worldwide. It has developed its expertise over the past 12 years with many clients continually coming back for consultations regarding their serviced offices. UK serviced offices operators are always looking to reduce costs and make their offices run more efficiently especially as the serviced offices market in the UK is so competitive at the moment, it looks as though the market will continue to grow and ATA Consultants will be at the forefront to advise property companies looking to set up serviced office operations in the UK. Serviced offices have always been utilised by property companies as a quick fit measure to make loss making buildings easily profitable. The rise of popularity for serviced offices has been quite amazing over the past 10 years and looks to increase again over the next 10 years, particularly in the UK. The serviced office market in the UK at the present is struggling but property companies see the future extremely positively for serviced offices. UK and especially London will continue to see a steady rise in the amount of serviced offices coming onto the market.
BUSINESS CENTRES LONDON
The generic overview of Business centres London and office space and the facilities that the workspace offers can bring together a choice between the historic conventional space and an alternative logistical solution within the London area. Business centres are now merged with conventional space from the city through to the midtown area and thus leading to the west end of central London. Centres for various business entities vary from the sublet within a conventional build to an entire branded business centre offering a total occupational cost, thus ensuring that a business can realise its total expenditure when signing a contract term from 3months to 12 months and on some occasions longer.
The geography for central London business centres can depend on the base industry that companies may wish to portray. A new funky start up would probably prefer a more open plan environment whereas a mature business such as a law firm would probably wish to offer a standard similar to their product. Connectivity and access are more realistic in todays constant changing work environment. Business centres are normally found within walking distance from a main line tube or train station with simple access to their clients for visiting purposes. IT and telecoms are of a major importance if access and ease of commute are not of a standard requirement. Centres within the west end offer great networking facilities for business lunches and corporate events. Many are held within the varied range of restaurants and hotels, who have an advantage on space yet are local to the office for speed and logistical simplicity. Many clients find space at a convenient cost and term are more advantageous than being tied into a conventional contract. Current economic climate trends are making budgets tighter and flexibility and ease of access a major factor in decision making when it comes to searching for a business solution.
BUSINESS CENTRES UK
Business office space is now more and more accessible via centres within the UK. Business’ are now searching for centres within the UK that can offer more utilities other than just the space, this is why business centres UK can assist your search.. The new business demands are for greater value for there spend and look for UK based Business Centres that are of geographical ease.
The industries that use UK based centres are varied in core. More head / back office work is carried out on cheaper and larger space than in central London. Call centres and back office processing are more acceptable than taking a higher rate for a centre within a central city. Within the United Kingdom the main central cities of Manchester Leeds Birmingham and Bristol offer similar space options to each other but are more generic to the clients needs. More time can be spent searching for the exact solution with maybe a slower turnover of business’s using a UK business centre’s facilities. When a mature company takes space in a national area the value is negligent yet is reactive to the national rate of charge. Road and Rail are necessary for commuting purposes and the cars would also require parking if no other transport is accessible. When looking for the right space in the UK there are various portals that can reduce the time spent and reduce the cost of that search. Office brokers and agents are more frequently used by the sales fraternity to gain leads and ensure that a high level of occupancy is kept within the centres out of the main towns and cities.
Posted on Tuesday 6th April 2010