Office rental
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Discussion

Busterhighmen

Original Poster:

365 posts

180 months

Wednesday 11th June 2014
quotequote all
Hopefully this is the right section -

We are looking to rent out 1/2 a floor of unused office space in Berkshire. We have two enclosed 'meeting rooms' which can comfortably sit 6 desks each and then a further space to rent out up to 10 more desks in more of an open plan area.

I'm about to phone round people like Regus etc.. who do this sort of thing, but I was wondering if anyone had any idea on general costing, what people look for and anything else which maybe relevant.

We aren't looking to match prices, or make money, just to cover the costs, so potentially if anyone is interested, these are going to be extremely cheap in comparison to others.

Any help much appreciated as I have no idea about this sort of thing, thanks smile

surveyor

18,707 posts

215 months

Wednesday 11th June 2014
quotequote all
Regus pricing is crazy....

If your on a lease it's likely you will not be able to do this as sub-letting is normally prohibited.

Busterhighmen

Original Poster:

365 posts

180 months

Wednesday 11th June 2014
quotequote all
Agree Regus is extremely high as we rented off them a few years ago.

Just spoke to a business centre based on our estate. They offer fully serviced offices for a 93ft² office at £250 inc vat p/m. They have no availability at the moment so can only presume they are competitive or demand is high.

I will have to double check, but from what I understand our landlords have authorised this.

Also where is the best place to advertise this sort of thing?

surveyor

18,707 posts

215 months

Wednesday 11th June 2014
quotequote all
Local agents and also websites - there are lots of 'brokers' about also...

Busterhighmen

Original Poster:

365 posts

180 months

Wednesday 11th June 2014
quotequote all
Thanks for the help - will look into all of this smile

Frimley111R

19,419 posts

265 months

Wednesday 11th June 2014
quotequote all
We're in Calleva Park, Tadley so probably not far from you. We rented our current offices late last year and some of the serviced offices had very high occupancy rates. We looked a lots but felt that the serviced offices were a bit clinical. In the end we rented a whole floor for not much much more than the serviced office prices and furnished it ourselves. We can manage a bit of cleaning tea/coffee without paying for it! Its much nicer tbh. However, we started with the brokers initially..

essayer

10,410 posts

225 months

Wednesday 11th June 2014
quotequote all
Have a drive around some local commercial areas and you'll find somewhere.

There are loads of big old offices and industrial units being split up into separate offices. Watch out for silly contract terms or two year licences etc.

Not too far north of you we pay about £200/month for about 150sqft, 6 month licence, all bills.

Busterhighmen

Original Poster:

365 posts

180 months

Wednesday 11th June 2014
quotequote all
Based in Newbury, Frimley.

Boss has agreed on £150 pm/desk. Do we count as fully serviced if we continue to run the office? We will still be in the building, just on the other side and will continue to organise our own cleaners etc..

Pot Bellied Fool

2,264 posts

268 months

Wednesday 11th June 2014
quotequote all
Yup, another vote for Regus being extortionate smile

£150/month doesn't sound too high although around here, I have seen one man offices in business centres going for £100/month but rarely. City rents are higher, particularly if nicely refurbed hsitoric offices on the waterfront.

It all depends on what facilities you're making available (photocopying, receptionist etc) and how nice the working environment is.

Have a trawl through http://officespaceguide.co.uk/index.php/city/Newbu... and see what else is available locally?

Busterhighmen

Original Poster:

365 posts

180 months

Wednesday 11th June 2014
quotequote all
Pot Bellied Fool said:
Yup, another vote for Regus being extortionate smile

£150/month doesn't sound too high although around here, I have seen one man offices in business centres going for £100/month but rarely. City rents are higher, particularly if nicely refurbed hsitoric offices on the waterfront.

It all depends on what facilities you're making available (photocopying, receptionist etc) and how nice the working environment is.

Have a trawl through http://officespaceguide.co.uk/index.php/city/Newbu... and see what else is available locally?
From what I have been able to gather we are undercutting most people around us by around £100 or so.

We have pretty much everything but a receptionist. Though if calls aren't on a high volume we can take them for people. Also have garden and seating on the banks of River Kennet.