Why Serviced Offices are looking much more inviting for businesses during a global pandemic

Serviced offices have a longstanding reputation with providing ease of rental, omitting the hassle of arranging a multitude of amenities needed for modern day office spaces.

The global pandemic that fell upon us, creating a whole host of uncertainty, had an detrimental affect on all of society. For the office rental and serviced office industry it meant a reduction in new clients and occasionally a loss of current tenants due to financial strain on businesses. Additionally, total lockdown and the 2-metre social distancing rule meant more people were working from home.

However, as the country attempts to move back to a certain type of normality, albeit it slight, the serviced office industry is having a moment. The sector has managed to follow an upward trajectory regardless of previous disruptive events such as Brexit and the global financial crisis. The reason: business flexibility.

Business Flexibility

With traditional workplace rentals, businesses risk entering into long-term rigid leases when there is already significant anxieties over finances during the pandemic. The first lockdown, as well as the second national lockdown we find ourselves in, created a shift in ideology with employers as a result of their staff undertaking work from home. An evident desire, across the board, is to regain a sense of structure and commercial productivity whilst maintaining employee wellbeing. This is where serviced offices excel. They offer a huge amount of flexibility, from enabling businesses to move in almost immediately, to the choice of upsizing or downsizing at relative short-notice to suit their needs. Additionally, the serviced office sector is agile and used to adapting; adjusting to the demands and needs surrounding government guidelines and keeping the public safe. Implementation of key health & safety strategies to keep serviced offices open and COVID secure, during an uncertain time.

Hassle free

We take care of all aspects of running the office so clients can concentrate on their businesses. Tenants in conventional leased offices find themselves with large capital expenditure and time spent away from their own businesses in order to keep up with the day to day organisation of a building.

Furthermore, there are no hidden costs. Businesses can sign an agreement and move in straight away with internet and furniture already in situ. There is no need to organise business rates, pay utilities & bills, set up the IT infrastructure or tasks as meagre having to take the bins out.

We have that already sorted. Our tenants are not lumbered with a wad of invoices at the end of the month. Instead, just one bill gets sent across at the end of the month.

“We have known from early in the COVID pandemic that office space in the future will change. When companies return to work fully, businesses will review their working space with a new, more flexible solution that bridges the gap between flexible working and a place of work that promotes wellbeing, safety and trusted connectivity.” (Steve Lyons, CEO of MSO WorkSpaces)

Serviced Offices can take away the stress

What became clear during the workforce’s sudden shift to remote working, during the first national lockdown, was a newfound appreciation for high-spec technology. The problems that arose when a video call would not connect or an email failed to send became a common complaint. Not only were these having an adverse affect on the productivity of work, but they were also found to be a major cause of stress. The importance of separating work and personal life has become even more prevalent and this comes hand in hand with employee wellbeing. With this in mind Serviced Offices can be a perfect step in the right direction – with high speed connectivity, an office to call your own outside your home, room to expand or downsize and ultimately a flexible nature to make it work for you and your employees.

Here is a list of what is included:*

*an extensive list can be found in our brochure

At a Glance: Serviced Offices over Leased Workspaces: 

• One monthly bill—The cost is inclusive of everything
• Efficient timescales and flexibility—Businesses can move in and out at short notice.
• Fit-out—Furnished to a high, ergonomic standard.
• Hassle-free—Utilities, cleaning and other maintenance overheads are included.
• Network—Other businesses occupy the space, providing networking opportunities.
• Upsize/downsize—Resizing is easy at short notice as circumstances change.

The global pandemic has created uncertainty for many and changed the way we work. The classic business model of the past is being reimagined, adapted and made more flexible to meet the needs of many. The Serviced Office sector is standing strong in its reliability through global uncertainty.