Finding The Right Business Location

For many businesses finding the right business location can have a real impact on their success or failure. With cost effective offices in prime locations such as London difficult to come by, careful consideration should be taken when seeking a permanent or temporary office space in the nations capital.

London is divided into several districts including, the City of London, the West End and Canary Wharf, just a few of the many districts that have contributed to London becoming one of the largest business and financial centres of the world. Because of this London attracts many leading organisations to its city centre and is often seen as a gateway to Europe providing easy access to the powerful markets of Western Europe.

London boast excellent transportation links its close to 3 major international airports, including London City, London Heathrow and London Gatwick and has a well established rail and tube infrastructure. Combine these factors with complimentary business taxes and a supportive regulatory regime, London has become one of the most desirable business locations for the UK.

Leasing a commercial office in London can be very costly with rental rates reaching up to 100 per square foot for prime grade A office space, excluding extras such as facilities and furniture. This can be extremely costly for any businesses, and is a considerably high barrier to entry for many companies wanting to set-up a London based business.

So how can smaller companies setup business in the capital?

Serviced offices offer a great alternative to a conventional office space lease, they are often more flexible as they do not require tenants to commit to the lengthy rental terms or additional overheads found in a traditional commercial letting.

Renting a serviced office allows companies to benefit from shorter rental terms, which can often be more cost effective as organisations have the ability to upsize and downsize their office space requirements in line with business needs. This means they only pay for the space they need when they need it.

Service office providers tend to offer their business support services on an all-inclusive basis these include services such as; office furniture, photocopiers, printers, service charges, utilities, cleaning, security, IT and telephony. With these costs included tenants can often benefit from lower prices and better economies of scale than they would receive had they sort these services individually.

In addition to these added business support services tenants also gain the added benefit of business support facilities such as additional meeting rooms available to hire, free use of shared space including business lounges and meeting space.

There are many serviced offices in London that can provide small to medium sized businesses with these very services at competitive rates. If you need a London serviced office for your business visit www.avanta.co.uk.