Workspace options have undergone a huge amount of change over the last five years. With the explosion in collaborative co-working spaces and the development of “pay-as-you-go” services from providers like WeWork, it’s fair to say serviced offices have had to do a lot to keep up.
When you start your office space search there are many things to consider before you sign on the dotted line, not least location, which should be top of your list. So if you get the location right how do you shortlist the best options?
The Chancellor George Osborne has outlined his budget for the year ahead. Highlighting the move towards a budget surplus is on track as he told the House that Britain has the most robust economy in the world.
Over the last 5 years the serviced office sector has seen a staggering level of growth. In 2015 the number of new business centres rose by 4% to over 2,300 across the UK. With occupancy levels at an all time high, growth across the sector is continuing in the first quarter of 2016.
When WeWork opened their second location in February 2015 hot on the heels of their first at Sea Containers on the South Bank, who predicted they would have opened nine centre’s across London by early 2016?
The UK’s growing £30 billion recruitment sector has been using serviced offices for some time now. The sector has been quick to expand following the downturn with growth of around 10% forecast for 2015/16 and more in the year ahead. But even with expansion this thriving industry is still keen to ensure they optimise the value and flexibility in their office space.
Some interesting research has been collated by ParcelLive.com using data from the Office of National Statistics and Transport for London to highlight the best and worst London boroughs for business longevity.