Setting up a new business or choosing to go freelance are big decisions that come with a shed load of difficult considerations. You’ll face an abundance of challenges; from how to find new clients, how to stay busy and or ensuring you enough money to afford to eat. A “Setting Up a Small Business and Surviving For Dummies” book would come in handy right about now.
While we’re not giving you sage advice on how you’re going to charm the CEO from that business you want to work with, (that’s coming soon), one thing HubbleHQ can advise you on is your new office space in London.
One of the first choices you’ll have to make is where to set up shop. This is an important one, as this is where you’ll spend most of your time in the foreseeable future. But we get it, you’re on a super tight budget but you don’t want to just settle for anything.
Whilst hot-desking and co-working are brilliant choices for startups, you may want a little privacy. Your own space where you can kiss goodbye your computer, pens and your favourite potted plant every night, knowing they’re in safe hands.
Although private offices are perfect for businesses wanting exclusivity, they’re best suited to established businesses with medium to long-term strategies. As a budding business, the last thing you need is to be signing yourself to long contracts or committing to long term financial expenditure. You never know when you might need some extra cash!
This is what we propose: A cool, affordable, small office in London that you can rent by the month, through a platform that represents lots of varied office spaces in different locations around the city. This way you can check out offices that are designed especially with startups in mind, and choose ones on a budget that’s right for you. You get to search through loads of different types of offices, from shared to private office space, in different locations across London, see some great images and organise to go and check out the space in person.
So, what are your options in terms of renting a small office in London?
Some small businesses find themselves renting office spaces that end up being too big for them, so they rent out their spare desks to other companies. It’s a great way to get a more private office space with fewer people coming and going while also reaping the benefits of shared amenities and service costs. You can set your space up to suit the needs of your business and you have the added bonus of potential networking and social opportunities with your friendly office companions.
There are hundreds of private office spaces available across London offering a wide variety of desk space, amenities and services. While offices leased through agents will often require a minimum 12-month lease, through portals like Hubble you can find private offices that have flexible rental agreements and prices. Private offices are particularly good for larger startups that have more than three or four people.
Many private offices also offer services such as administrative assistance and lots of them come fully furnished so you don’t have to worry about investing in new swivel chairs. Many private office spaces that avoid the traditional agent lease include costs such as electricity, water and internet in the monthly rental charge. That’s one less headache for your startup to deal with.
Intrigued? Let’s check out some options for renting a small office in London.
Located in the heart of one of the coolest parts of London, Proper Office on Bath Place is has a range of private offices to suit your business. From 3 person to 20 person offices, there’s a space to fit your startup. You have 24 hour access, a shared kitchen and bike storage. Plus you’re a hop, step and jump from some of the best bars in London for those Friday night drinks.
There’s one private area in this awesomely located office in Clerkenwell. Right next to Leather Lane food market too. Hello! There are two kitchens and a big open plan layout over the entire office. You can rent a four person office for around £375 pp/pm.
This is the home of 30 incredible startups and it’s in the heart of Shoreditch. Not only that, but you get IT support, PR support and patent advice thrown in.
Offering a wide range of private office sizes with flexible rental agreements, this is a great option for any small businesses wanting to set up in central London. The offices come as either fully furnished or not (your choice!) and you have access to meeting rooms, shared kitchens and bike storage and you can choose what sort of IT and telephony access you require.
If the idea of working on a boat makes you scream, “Ahoy, Captain!” then check out the nautically themed OSiT offices. This fully refurbished building has been designed in consultation with Sunseeker and the interiors are inspired by luxury yachts so you can feel like you’re cruising the Thames (if close your eyes you might just reach the mediterranean) while you’re at work. They offer private office spaces with communal kitchens, meeting rooms and reception area. Oh and did we mention there’s a roof terrace?
The newest addition to the WeWork London family, Aldwych House offers a boldly designed coworking space in a chic building with history. An amazing private roof terraces shows off the best views of London. Nestled between Covent Garden and the Strand, its location can’t be beat. It offers private offices from 1 to 50+ persons, starting from £930/month.
Designed for versatility, this warm studio warehouse is just a five-minute walk to Angel station. It offers offices of all sizes, starting at £1,100 pp/month.