Office tenure
Companies looking to acquire office space should match the tenure or procurement option to the needs of their business.
Serviced offices
Serviced offices provide flexible, all-inclusive office space on a monthly licence. They appeal not only to the smaller growing businesses that require the ultimate in flexibility, but also to larger corporates including offshoot projects and regional offices. This low risk solution allows occupiers to benefit from fixed costs and a ready-made office infrastructure, with the option of professional administration and support services. Normally calculated on a workstation basis, serviced offices provide the flexibility to grow your business without the cost and upheaval of moving premises.
Managed offices
Based on an all-inclusive licence fee, managed office space provides the benefit of known budgeting costs whilst taking care of various aspects of facilities management. Managed offices can offer furnished or unfurnished options and include rent, rates and utilities, telecoms and the property service charge. For companies requiring office space for 10 - 20 workstations upwards with their own dedicated receptionist and IT systems, managed office space provides a cost-effective solution for growing companies but still with the benefit of fixed costs.
Leasehold offices to let
Based on a contract between tenant and landlord, renting an office on a conventional lease is particularly suitable for medium to large sized companies that require the stability of a 3-5 year lease or longer. This option doesn’t require such a large initial cash outlay as outright purchase but still offers flexibility for new businesses or those in a period of growth. In a leasehold office you are responsible for the rent, service charge, business rates and all costs associated with the office building. You may also be subject to rent and service charge increases.
Freehold offices for sale
Ideal as an investment opportunity or for established companies, by purchasing an office you are free from the worries of rental increases and can generate extra income from renting out surplus office space. Freehold office space offers you stability, financial control and a good long term investment. The development of courtyard office schemes, in which KWB has been instrumental in the Midlands, has enabled small to medium sized businesses to acquire their own ‘front door’ offices within a managed courtyard environment and utilise the financial benefits of a pension vehicle.