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Three Simple Steps to Finding a London Office

London Office Types

Which Style of London Office?

  • Do you want modern or period style?
  • Do you need to be on 1 floor or not?
  • Do you want your own self contained building?
  • Do you need air conditioning, or is central heating enough?
  • Must you have a commissionaire?
  • Do your offices need to be prestigious, utilitarian, or perhaps funky?

Serviced Versus Conventional

Serviced

  • Serviced offices provide flexible short term leases
  • They are immediately ready to do business in
  • Plenty of support services
  • It is a bit like staying in a hotel really!
  • But they are more expensive

Conventional

  • Take a lease for 3, 5 or 10 years
  • Fit it out how you want it.
  • But the acquisition process is not instant
  • You pay the rent, rates and service charge
  • But it generally costs a lot less

Rent Or Buy

Freehold

  • Owning a freehold gives you total physical control
  • Owning a freehold largely gives you total financial control
  • If you spend money on it, it’s your asset

Leasehold

  • This gives you the opportunity to take space on 1 floor
  • The financial commitment is much less
  • You can leave at the end of the lease
  • You usually have to return it to its initial condition
  • You may not be able to stay for as long as you want
  • You may have upward only rent increases