Rewind nearly three years to June 2016, the United Kingdom voted to leave the European Union and plunged businesses into a state of uncertainty. There was much concern around the likely ill effects on the UK economy and concern over prospects for the commercial property market. The serviced office market was predicted to slow down throughout London and the UK with many businesses expected to postpone their operational decisions, including expansion and relocation, until there was greater clarity about the economic future.
Fast forward to March 2018 and with Brexit looming, businesses are now thinking about how to best implement their business strategies in the post Brexit era. Considering an office move is a major undertaking for any business, how much will it cost, where should you locate and how will you realise a good return on investment? Consequently, for many businesses, taking flexible office space has proved to be the best solution.
Office Freedom research shows the number of new flexible working locations in Central London has grown 42% year-on-year. The flexible workspace market is booming with more locations available and more businesses taking advantage of short-term leases, lower costs, flexible terms and access to incredible talent.
What makes flexible workspace so attractive to businesses?
Traditional leasehold property usually commits businesses to lengthy contracts and in times of uncertainty, this holds little appeal. Flexible workspace offers ultimate freedom. Often flexible workspace can work out cheaper overall than traditional alternatives and it provides businesses with flexibility to up or downsize at will. Modern flexible office spaces also provide environments that are beneficial to employee productivity and wellbeing. This is a major asset for attracting and retaining staff. Short term leases are popular, and companies can stamp their own identity on contemporary fully equipped spaces.
Office Freedom is here to help:
With 25 years industry expertise, Office Freedom has access to the entire serviced office market to help companies of all sizes find their ideal space. Whether you’re expanding or contracting, Office Freedom will be your partner throughout, searching the entire market to find you the perfect space. What’s more, our service is impartial and free.
We have over 13,000 locations worldwide, but we’ve selected just three fabulous spaces available in London right now to whet your appetite:
Flexible workspaces are now designed with flair
This flexible workspace evokes a sophisticated personality with a contemporary environment for small and large teams to collaborate and enjoy. The space is designed to create a socially immersive, cultural environment where colleagues can work, play, eat and connect with other like-minded people and businesses.
This flexible workspace in Farringdon has a luxurious feel, it’s a light and airy space which facilitates collaboration and is great for creativity. The space provides occupiers with an open plan feel ideal for teams to work together whilst breakout spaces, stylish conference rooms and incredibly beautiful interior designs, provide work colleagues with a perfect working environment.
One of the most visible and eye-catching landmarks throughout London, this space in the Shard appeals to the imagination of a wide range of companies, providing stunning views over the city and a prestigious location. The space features state-of-the-art facilities including conference rooms, stylish breakout spaces, high speed internet and a contemporary kitchen and dining area.
To find out more about flexible workspace or book a viewing, contact our experienced consultants by clicking the link below.