Are serviced offices worth it?
A question many prospective tenants ask before proceeding with a property
Are serviced offices worth it?
It depends, generally serviced offices are worth it if you plan on occupying a space for a short term or if you require extra amenities such as break-out rooms, superfast wifi, and on-site cafes etc.
Serviced offices are excellent for tenants who wish to have everything laid to them for a one-off flat fee per month, with some landlords providing everything from break-out spaces, wifi, waste management and furnishing with select few.
What are the downsides to serviced offices?
With everything sounding great with serviced offices so far, there is a few downsides which push the market towards occupying their own tenancy with private landlords.
Reduced flexibility with little to no input on furnishing or design
Higher costs
Less privacy
Additional costs
A mini blog by Shepherd Commercial to outline the good and the bad of serviced offices