What’s Included in Managed or Serviced Offices?

October 14th, 2023

Managed and serviced offices have emerged as disruptors in Corporate Real Estate, offering an array of amenities and advantages that set them apart from conventional offices. Delve into our useful guide to discover precisely what’s included in a managed or serviced office, and how they measure up against traditional leases.

What is a Managed or Serviced office?

Managed and serviced offices offer flexible workspace solutions that give businesses access to fully-equipped office spaces on flexible terms. These spaces are crafted to cater to the evolving needs of modern businesses, delivering an extensive range of amenities and services that go beyond the offerings of traditional leased offices.

Managed & Serviced Offices: What’s included?

One of the primary attractions of managed and serviced offices is the diverse range of amenities they provide. These amenities are meticulously designed to enhance productivity, bolster employee satisfaction, and foster a harmonious work-life balance. Here’s a closer look at some of the key amenities commonly found in these spaces:

1. Flexible contracts

Flexibility is a cornerstone of managed and serviced offices. Businesses can scale their space up or down as dictated by their needs, making it an ideal solution for startups, rapidly expanding businesses, or those embarking on a new location – a stark contrast to the rigid 10-year plus leases of traditional office spaces.

2. Fit out & furnishings

Most managed and serviced offices come fully fitted with furnished interiors, saving businesses the time and cost associated with procuring and setting up furniture. This is a significant departure from traditional offices, where fitting out and furnishing a workspace can be time-consuming and costly.

Serviced and managed offices normally some fully furnished

3. High-Speed Internet

In the digital age, a fast and reliable internet connection is the lifeblood of any business. Managed and serviced offices typically offer high-speed internet as standard – often with a backup line – ensuring uninterrupted connectivity.

4. Professional Reception Services

A professionally staffed reception area can leave a lasting impression on clients and visitors. Managed or serviced offices often feature reception services, guaranteeing that guests are welcomed with warmth and professionalism.

5. Meeting and Conference Rooms

These offices routinely provide access to well-equipped meeting and conference rooms. Ideal for businesses that frequently host client meetings or need space for collaborative team meetings.

6. Kitchen and Breakout Spaces

Taking breaks and relishing meals in a comfortable environment, away from the desk and busy office surroundings, can boost employee morale and productivity. Many managed and serviced offices incorporate kitchen facilities and inviting break out areas into their design as standard. Take for example our baker street serviced offices, which boasts a popular outdoor terrace to unwind in between tasks.

7. Tea & Coffee

Many non-traditional offices include tea, coffee and milk as part of their offering. No more frantic ‘can you pick up some milk!’ texts to colleagues – with these workspaces, replenishing the office staples are all part of the service.

8. Cleaning and Maintenance

Say goodbye to cleaning and maintenance schedules. Managed and serviced offices offer this as part of the flexible agreement, enabling businesses to concentrate on their core activities.

9. Security

Safeguarding the integrity and security of your workspace is paramount. These offices often feature state-of-the-art security systems, instilling peace of mind.

10. Seamless IT Support

An interruption to your IT infrastructure can bring operations to a standstill. Managed and serviced office providers understand this. That’s why they often provide seamless IT support as part of their package.

11. Utilities Included

Managed or serviced offices often include utilities into their all-inclusive packages, sparing you the hassle of juggling electricity, water, and heating bills. It’s the peace of mind that comes with knowing that your workspace is always comfortable and fully powered.

12. Rates and service charge

A further advantage to the non-traditional office arrangement is that rates and service charge come as part of the all-inclusive offering.

Serviced and Managed Offices vs Traditional Offices: Cost Comparison

Let’s look at the cost dynamics, comparing managed and serviced offices to traditional office spaces. While the initial perception might lean towards managed and serviced offices being more expensive, a more in-depth examination reveals a different picture.

1. Lower Initial Costs: Traditional offices demand a substantial upfront investment in furnishings, IT infrastructure, and lease commitments. Managed and serviced offices typically feature lower initial costs, as these essentials are encompassed within the subscription package.
2. Reduced Operational Costs: In traditional offices, businesses shoulder the financial burden of utilities, cleaning, maintenance, and security. In managed and serviced offices, these expenses are bundled into the monthly subscription, often resulting in a more economical overall operational outlay.
3. Greater Flexibility: Traditional office leases often ensnare businesses in protracted commitments, constraining their ability to adapt to evolving circumstances. Managed and serviced offices offer flexible lease terms, allowing businesses to tailor their space to suit their evolving needs.

The Transforming Workspace Landscape

As modern businesses continue to evolve, so does the concept of the workplace. Managed and serviced offices stand at the forefront of this evolution, delivering versatile, cost-effective, and amenity-rich solutions that cater to the multifaceted needs of contemporary businesses.

In the pursuit of productivity, convenience, and a workspace that aligns with the demands of the modern world, managed and serviced offices remain the preferred choice for forward-thinking businesses.

No matter your size or requirement, find a managed or serviced office to rent with WorkPad. With a wealth of serviced and managed offices across London, there are plenty of options and we take great pride in helping you find the ideal workspace for your business.