Is a traditional office the right office for you? The answer is less about the size of your business and more about the pace of growth, and your attitude towards flexibility, control, and identity. Find out everything you need to know about traditional offices in this simple guide.
By traditional, we don’t necessarily mean traditional in terms of design – all oak panelling and leather inlaid desks. We mean traditional in the way you rent your office, and traditional in terms of the way you work.
A traditional way to rent
Once, if you didn’t want to buy, virtually the only arrangement available for securing office space for your business was through a lease. It’s still a wise option for many businesses, but it’s far from the only option.
So, which types of business are most suited to a traditional office lease?
A traditional way to work
An office to call your own, big enough to house your entire team with some additional room to grow: that may be the classic vision of an office, but it’s not the only one. Shared offices (or coworking spaces) are increasingly popular with freelancers or small businesses. In return for sharing the workspace with other workers and businesses, you get a typically modern, welcoming space, a relatively low rent and bookable meeting rooms that enable you to deliver a professional service should clients come calling.
So given the flexible, communal alternatives, why do companies prefer traditional office spaces?
It does depend on the terms of the lease (not every office arrives at market in exactly the same way) but traditional leased office space is typically delivered in ‘Grade A’ condition. This means you’ll need to add the fixtures and fittings, although the price you pay for the lease will reflect that.
Things to think about at setup might therefore include:
Types of traditional office
Where the traditional applies to the way you work rather than the way you rent (i.e. a non-communal space) what’s supplied with the office will depend on the type of office you choose:
A serviced office will include almost everything you need to start working from day one. It’s the ‘plug and play option’ that includes furniture, electrics, kitchen equipment and, depending on the individual office, reception facilities.
A managed office gives you all the benefits of a serviced office with the additional ability to choose the specifications of the space, giving you an office that’s precisely tailored to your requirements.
A leased office typically cuts costs by leaving the fixtures and fittings to you. As we’ve seen, that can increase overheads initially, but payoff significantly in the mid-long term.
As noted elsewhere in this guide, ‘traditional’ can be a very broad term incorporating a wide variety of office space. To help you narrow the field and find traditional office space that meets your specifications and budget, try our office space calculator.
Hubble searches the whole market in real time, giving you the pick of available leased, managed and serviced traditional offices. Filter by up-to-date pricing, live availability, location, amenities, exclusive offers and more.
We’ve made finding your next office as easy as booking a hotel room, and we’re trusted by the likes of Trustpilot, Accenture, and Citymapper.