Rough idea of costs of a Regus office?
Discussion
OK before everyone tells me they are a rip-off, I know, I've used Regus three times before! 
They are however very convenient and in my experience customers don't question the validity of small businesses in Regus offices.
So, can anyone tell me the rough costs of a single and a twin office and also the cost of simply using them as a convenience address? Thinking Thames Valley, Reading, Bracknell, Maidenhead area not central London.
I am putting together a very lose budget and I know if I call Regus they'll want to engage me in a sales call and visit etc. which I don't want to do at the moment. Thanks...
They are however very convenient and in my experience customers don't question the validity of small businesses in Regus offices. So, can anyone tell me the rough costs of a single and a twin office and also the cost of simply using them as a convenience address? Thinking Thames Valley, Reading, Bracknell, Maidenhead area not central London.
I am putting together a very lose budget and I know if I call Regus they'll want to engage me in a sales call and visit etc. which I don't want to do at the moment. Thanks...
Surely the best place to answer these questions is:
http://m.regus.co.uk/mt/www.regus.co.uk/customer-s...
Edit: apols, just read your last para, wasn't teying to be funny!
http://m.regus.co.uk/mt/www.regus.co.uk/customer-s...
Edit: apols, just read your last para, wasn't teying to be funny!
Edited by prand on Tuesday 10th September 16:13
My company used to rent an office from Regus Kings Hill, so I imagine similar sort of costs to Bracknell, etc.
Think they had tiny (cupboard sized) offices starting at about £150/m. A decent office for 1-2 people was about £200-300/m. When we left, Regus Kings Hill had a very high turn over of people so Regus were doing some pretty good deals for the first 6 months. The high turnover was partly due to really, really, bad customer service and also due to rapidly increasing rental costs the longer you were there (each year/contract the percentage increase in rent was generally in double figures).
I'd also agree that Regus says to me 'very small' business, rather than your average SME - lots of one-man bands and lifestyle businesses seemed to be in our building. The company I worked for eventually wangled its way out of the contract and went on to find a much better deal just up the road with much better comms.
Depending on your size, maybe look for a co-working office, which works VERY well for the company I now run. Our costs are £80 a month to be able to use the space everyday, plus use the address for post, and as much printing, photo-copying, drinks and fruit. We then have a remote receptionist/telephone answering service for tens of pounds per year.
Think they had tiny (cupboard sized) offices starting at about £150/m. A decent office for 1-2 people was about £200-300/m. When we left, Regus Kings Hill had a very high turn over of people so Regus were doing some pretty good deals for the first 6 months. The high turnover was partly due to really, really, bad customer service and also due to rapidly increasing rental costs the longer you were there (each year/contract the percentage increase in rent was generally in double figures).
I'd also agree that Regus says to me 'very small' business, rather than your average SME - lots of one-man bands and lifestyle businesses seemed to be in our building. The company I worked for eventually wangled its way out of the contract and went on to find a much better deal just up the road with much better comms.
Depending on your size, maybe look for a co-working office, which works VERY well for the company I now run. Our costs are £80 a month to be able to use the space everyday, plus use the address for post, and as much printing, photo-copying, drinks and fruit. We then have a remote receptionist/telephone answering service for tens of pounds per year.
Thanks some interesting ideas. Regarding other offices I know and of course I'll explore all possibilities. To begin we'll only be 2 people hopefully growing to 4 by end of 2014 but we will need to bring customers in for meetings. My experience of Regus in Bracknell (Arlington Court) wasn pretty good and I've also worked out of Rickmansworth - good for the Met into Baker St. My post was purely to get some ideas of costs but the co-working idea sounds interesting, can you expand a little?
Sure.
So we're based in Canterbury. There are two of us who work full time in Canterbury. Our co-working office is Fruitworks. It's a big open plan office, with a chill out area, kitchen, meeting room. My business partner is in there nearly everyday, so we pay £80/m for him, and I go in there once or twice a week (work from home/clients offices the rest of the week), so I only pay £40/m. So £120/m for the 2 of us, everything included.
Yes, it's open plan so you don't quite get the privacy that you'd usually get with your own office - but I'd far more prefer to be in that open plan office and enjoy the conversation of others than be holed up in one of Regus' TINY 2 man offices.
So we're based in Canterbury. There are two of us who work full time in Canterbury. Our co-working office is Fruitworks. It's a big open plan office, with a chill out area, kitchen, meeting room. My business partner is in there nearly everyday, so we pay £80/m for him, and I go in there once or twice a week (work from home/clients offices the rest of the week), so I only pay £40/m. So £120/m for the 2 of us, everything included.
Yes, it's open plan so you don't quite get the privacy that you'd usually get with your own office - but I'd far more prefer to be in that open plan office and enjoy the conversation of others than be holed up in one of Regus' TINY 2 man offices.
jammy_basturd said:
Sure.
So we're based in Canterbury. There are two of us who work full time in Canterbury. Our co-working office is Fruitworks. It's a big open plan office, with a chill out area, kitchen, meeting room. My business partner is in there nearly everyday, so we pay £80/m for him, and I go in there once or twice a week (work from home/clients offices the rest of the week), so I only pay £40/m. So £120/m for the 2 of us, everything included.
Yes, it's open plan so you don't quite get the privacy that you'd usually get with your own office - but I'd far more prefer to be in that open plan office and enjoy the conversation of others than be holed up in one of Regus' TINY 2 man offices.
Sounds like a good arrangement. Thanks for the idea...So we're based in Canterbury. There are two of us who work full time in Canterbury. Our co-working office is Fruitworks. It's a big open plan office, with a chill out area, kitchen, meeting room. My business partner is in there nearly everyday, so we pay £80/m for him, and I go in there once or twice a week (work from home/clients offices the rest of the week), so I only pay £40/m. So £120/m for the 2 of us, everything included.
Yes, it's open plan so you don't quite get the privacy that you'd usually get with your own office - but I'd far more prefer to be in that open plan office and enjoy the conversation of others than be holed up in one of Regus' TINY 2 man offices.
jammy_basturd said:
That IS cheap and it looks nice too. IIRC the Regus office near me is about £250p/m. Basepoint, one of which is also near me is from £74p/w.
My company currently rents office space from Regus, but unfortunately I do not know what the rates are, although i know they did us a very good deal to get us in.
Previously we use to use http://www.citibase.com/ and used to have offices in Swallowfield near Reading.
Previously we use to use http://www.citibase.com/ and used to have offices in Swallowfield near Reading.
Currently based out of Regus Heathrow. We're a US company in startup mode here in EMEA and we have 2 offices. We pay £1250 per office + phone calls. Parking is £70 / month, or if, like me, you only come in once in a blue moon, it's £5 / day but only if the free spaces are full.
We also had a deal, 3 months free and 3 months at 50% off and termination clause at 12 months with 30 days notice.
Hth
We also had a deal, 3 months free and 3 months at 50% off and termination clause at 12 months with 30 days notice.
Hth
jammy_basturd said:
I'd far more prefer to be in that open plan office and enjoy the conversation of others than be holed up in one of Regus' TINY 2 man offices.
A place I used to work for got exactly one of these. There were a few of us supposed to use it & it was that horrible we never bothered. After 6 months, we ended up doing a deal with a customer we were doing a lot of work for & utilised some of their spare office space.northwest monkey said:
A place I used to work for got exactly one of these. There were a few of us supposed to use it & it was that horrible we never bothered. After 6 months, we ended up doing a deal with a customer we were doing a lot of work for & utilised some of their spare office space.
What was horrible about it?Regus do have shared offices with around 6 desks in them but when I looked at one they had only one person was in and most spent little time actually in their offices therefore it wasn't much better than simply working from home. I think the hot desk scenario is probably a better one in one main area.
We used to pay around £1200 p/m for a 2/3 seat office in central London. It was good for is at the time and we had the ability to use other offices on an ad-hoc basis. The price was competitive with other similar suppliers.
That was before their customer service took a nosedive so we finished with them and spent the money on a mortgage for a place of our own. We now provide our spare rooms as serivced offices. I've recently used the Castle Bromwich Regus for some client workshops and have to say that I thought the service from the team there was excellent.
While the use of serviced offices can give an impression of a lack of credibility, I have a few FTSE100 clients who use Regus on a long term basis and take whole floors from them for years at a time. Having used SO's in the past I would not hesitate to do so again if it suited our needs. The amount of money required to stump up a deposit for a commercial mortgage could very easily be used in more effective ways for many businesses.
That was before their customer service took a nosedive so we finished with them and spent the money on a mortgage for a place of our own. We now provide our spare rooms as serivced offices. I've recently used the Castle Bromwich Regus for some client workshops and have to say that I thought the service from the team there was excellent.
While the use of serviced offices can give an impression of a lack of credibility, I have a few FTSE100 clients who use Regus on a long term basis and take whole floors from them for years at a time. Having used SO's in the past I would not hesitate to do so again if it suited our needs. The amount of money required to stump up a deposit for a commercial mortgage could very easily be used in more effective ways for many businesses.
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