Latest Flex Office Market Insights: London Flexible Office Space Report - January 2024
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In East London, a growing number of larger businesses in the UK are recognizing the benefits of flexible office spaces compared to traditional alternatives. This shift towards flexibility offers significant advantages, particularly for businesses with 50+ staff. By embracing flexible office solutions, companies can seamlessly adapt their workspace to meet evolving needs, respond swiftly to market conditions, and accommodate expanding teams without the constraints of long-term leases.
One of the key advantages of flexible offices is the ability to customize and tailor the workspace according to specific requirements. Fully furnished spaces provide a ready-to-use environment, saving time and resources for larger businesses. Moreover, these spaces come equipped with advanced technology infrastructure, ensuring seamless connectivity and productivity. With such amenities readily available, businesses can focus on their core operations and foster a productive working environment for their teams.
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Quiet and private spaces equipped with technology for seamless communication.
Well-being amenities, good air quality and ergonomic furnishings including sit/stand desks.
Active breakout spaces & in-house hospitality, barista cafes and events.
By the month or on 3-, 6-, or 12-month licenses, providing adaptability during uncertain times & the ability to scale up or down as needed.
Outsourced office management with access to meeting rooms, company branding, print/copy, kitchen facilities, break-out space, cleaning services, & more.
Office space that can be customised to the specific needs of the company such as internal meeting rooms, desk configurations, break-out space, & secure access.
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The median cost to rent an office for 50 + people in North London is £550 per person per month. Source: Rubberdesk real-time data January 2024.
When selecting a North London office space within the 500 to 1000 sqft range, several factors deserve consideration. First, assess the location's proximity to public transport, amenities, and target markets. Consider the layout and configuration of the space to ensure it aligns with your team's needs and fosters collaboration. Examine lease terms, including flexibility, length, and renewal options, to ensure they suit your business goals. Lastly, evaluate the overall cost, including rent, service charges, and any additional expenses associated with the office space, to ensure it fits within your budget.
Opting for flexible office space in North London within the 500 to 1000 sqft range offers numerous advantages. Firstly, it allows businesses to scale their workspace according to their evolving needs, accommodating growing teams or fluctuating project requirements. Flexibility enables quick responses to market conditions without being tied down by long-term leases. Additionally, flexible office providers often offer a wide array of amenities and services, creating a dynamic and convenient working environment for businesses.
As specialist brokers in the flexible office market, Rubberdesk is across all the options, offers and availability. We have real time pricing for thousands of spaces listed by hundreds of providers to help find your next office.
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