What is a Managed Office?
They are Leasehold premises that are acquired and managed by a third party, taking the liability of the lease, and upfront capital expenditure, away from you.
This gives you the leasing flexibility you would have with a Serviced office, and the privacy and control you would have with a Leasehold option.
You can expect fully furnished offices and buildings that are already fitted out to include kitchens, break out space and meeting rooms. Lots of them also offer handy extras like showers, bike storage, and outdoor space.
Managed office space is perfect for companies of any size, from start-ups to large multinationals.
The contracts are simple and are flexible to your requirements, it’s a quick turnaround time, you can increase or decrease the number of desks you require with relative ease, and it’s available on a fixed monthly cost.
Within Managed office floors/ buildings you will have your own private office which you can brand and make your own. They all come in a variety of sizes and styles.
So, whether you are looking for creative or corporate, or anything in between, there will be offices available to match your company size, brand and budget.
Renting a Managed Office
Managed transactions are really quick.
For larger businesses especially, we recommend you begin the process of looking for a new Managed office around 3 months ahead of your move date.
However, as the contracts are so simple and flexible, and the IT and Telephony infrastructure is often already in place or easily installed, you can technically be signed and moved in after 24 hours of finding your ideal office.
Our Project Plans would define how much time you need for your office move and this is something we would recommend you ask us for. It’s best to plan ahead!
The Cost of a Managed Officed
Typically, you sign on a space for 12-24 months however contract terms are very flexible.
Managed offices have an “all-inclusive” fixed monthly cost and minimal (often zero) capital expenditure. Every imaginable amenity that your company may need is included, and prices are calculated on a per desk per month basis.
Having a Managed office can work out more costly than a traditional Leasehold office (where you would be responsible for Rent, Rates, Service Charge and all other necessary amenities), however the contract flexibility on offer, the fixed costs, and having someone else maintaining your office building, can make the premium cost very worthwhile.
Let One One One Find the Perfect Managed Office For You
As an office contract is one of the biggest expenses to a company, it’s imperative that you have an un-conflicted, tenant only agent / advisor, like us, advising you throughout the process.
We will manage the whole process for you, from conception to completion.
We help you make the right choice of office space and specialise in making sure that you get the best package of tenant friendly financial terms.
There are no fees for working with us to acquire your new Managed office. Our fee is covered by the Managed Office provider.
If you’re weighing up your options and can’t decide whether to stay where you are in your current office or make the move to a new office, we can help you conduct a Stay vs Go Analysis. This would include showing you what’s on the market through reports, or physical viewings, and then weighing these options up with the costs of your current office as part of that process.
If you’re not in a rush and just want to see what’s currently on the market, we will happily send you an office availability report bespoke to your own business requirements.
Once you are ready to start the office search, we will accompany you on viewings to see all opportunities that match your criteria.
There is currently 4m sq.ft. of flexible office space in central London, being leased by more than 150 flexible office companies, in more than 650 locations.
We have access to Every London Office.
We will liaise with every Managed office operator across London to collate all available options in and around your areas of consideration. There is no easy way for you to cover this market as well as we can. We are set up to do exactly this and have a proven track record of doing it well.
The aim of the search is to make you aware of every available office space that may work for your business. This means fully uncovering all “on-market”, and also “off-market” offices that we are aware of through our extensive knowledge of who is moving and when.
You will also only ever have to liaise with us. We will handle the 100’s of phone calls and emails on your behalf, taking all the stress away from you.
Once you have viewed a comprehensive selection of properties you will have the confidence to make an educated business decision on your preferred space.
All information on the properties is made easily accessible via our detailed reports to streamline the process to your advantage.
We will put together a full cost breakdown of all your favourite options to help you make that decision. This will also include any savings we can achieve on your behalf.
Once you have your preferred options, we will negotiate on your behalf to ensure we achieve the best package of tenant-friendly terms possible. Our relationships with Managed office providers mean we are perfectly positioned to get you a good desk rate.
We will always provide you with contactable References to prove that we can be trusted with your business based on existing and recently completed office projects we have had the pleasure of working on.
About One One One
One One One are a London commercial property company who only ever act for tenants.
As a business, we were formed to make UK companies stronger through their real estate decisions. The success we have achieved to date is by providing a service that is aligned with our clients.
We believe that our values are imperative to how we conduct business and run our company. They are the building blocks of our culture, and they support our common business principles and our people. They form part of all our decision making in everything we do.