Serviced or Virtual Office Space in London
Posted by:
Victor Pardis on
16th October 2013

If you do
have the cash to lease or let a property, you’re not finished there. Overheads
need to be included in your budget and these can be quite significant:
· Utilities – You will need a phone
line and a broadband connection, heating, light and water.
· Telephone bill.
· Equipment – A photocopier (assuming
you already own a computer)
· Office Furniture – Desks, chairs,
filing cabinets and chairs or a comfortable sofa in the reception or waiting
room area.
· Wages – A Receptionist and a
Secretary to deal with your administrative tasks.
· Legal Fees – Payment to a Solicitor
for the paperwork necessary to rent or lease a property.
· Building and contents Insurance.
· A Cleaner
· Travel costs
These are
just some of the overheads you can expect to pay. Of course you have the
advantage of having your own office and being able to choose your own
furnishings and décor. Your budget however, might not allow you to work from
the location that suits you best. Now look at your monthly budget costs if you
rent a Serviced Office:
· Monthly rental for Serviced Office
· Telephone Bill
· Photocopying and Secretarial support
only when you need it.
· Travel costs
Not only is
the list a lot shorter, but the amount of time you spend on day to day
management is also reduced. A Serviced Office includes all the furnishings, a
broadband connection, security, maintenance, reception and utilities. You can
also pick a prime London location and work with other people who are in a
similar business.
If you’re
still happy to work from home, but you want a London address and somewhere to
host the occasional meeting, you can rent a virtual office with the following
overheads:
· Monthly rental
· Telephone Bill
· Renting meeting facilities when you
need them.
A virtual
office rental will cost you very little. The downside is that you don’t get to
work with other people and that may mean losing valuable networking
opportunities, but it does give you that London location, when in fact you
might be living in the Outer Hebrides, or even abroad.
So, if you
want to keep your overheads to a minimum, the smart thing to do is to rent a
Serviced or Virtual Office and give your business the prestige of a London
address.