Serviced vs Leasehold Offices

Leasehold office space equivalent in sq ft: Please note that we have given an allowance of 80 sq ft per desk

Serviced Office

The costs below are based on average Central London Serviced Office Space prices

Cost Estimation:

Please note: the above cost estimation has applied the current average Serviced Office market costs over the next 5 years, in addition to an average rent-free period of 2 months. It is however standard for serviced offices to increase their prices at a level higher than inflation each year. Please consider the lack of fixed serviced office rental costs when comparing the two options, as leasehold properties offer a fixed rent for 5 years.

Leasehold Office

The costs below are based on average Central London leasehold Office Space prices

Cost Estimation:

Please note: the above 5 year lease liability assumes an average market rent free period, business rates, service charge and building/contents insurance. Please note that the costs do not represent the net present value of the total lease, as inflation has not been included.

Total Leasehold Saving	£1,578,733.33