A new post on the Easy Offices blog (a great source of serviced and general office space news) discusses the pricing differences between serviced and conventional office space. Click here to see the article in full. It makes the comparison in a clear and concise way, and really makes it obvious why serviced is not the expensive option, whatever first appearances may be.
The main thing that makes conventional office space appear cheaper is the fact that quoting rents are always a lot lower than the rent (or ‘licence fee’) quoted by serviced offices. What is often overlooked is that the serviced licence fee is fully inclusive whereas the conventional rent is exactly the opposite - it doesn’t include a service charge, rates, fit-out, utilities, or phones and IT.
The other main bonus of serviced space is the flexiblity - a company can take space for only 3 months if that is all they need, whereas a conventional lease will usually be for a minimum of 3 years, with little flexibility in terms of break options, or the possibility of up-sizing or down-sizing as and when required.
Tags: conventional office, cost comparison, easy office, office space, price, rent, service charge, serviced office, Thremhall Park
Thu, November 27 2008 » Industry News, Thremhall Park News » No Comments
Thremhall Park is hosting its first networking meeting this evening. Arranged by Professional Excellence, a training company based at Thremhall Park, the meeting will provide a great networking opportunity.
The first meeting will be for tenants at Thremhall Park only, but future events will be open to all local companies who are interested in networking with like-minded business in their local area.
The meeting runs from 5.30-6.30pm, and there will be a free drink for all attendees.
For more information about future networking events at Thremhall Park, please call us on 01279 874307.
Tags: business, meeting, meeting room, networking, serviced office clients, Thremhall Park
Wed, November 12 2008 » Thremhall Park News » No Comments
Thremhall Park is offering all of its serviced office occupiers a massive 25% discount on all meeting room bookings*. This represents fantastic savings, making our meeting rooms some of the cheapest in the area. Just another benefit of being a Thremhall Park tenant…!
*Discount applies to meeting room only, does not apply to catering or hire of facilities (projector/DVD player etc).
Tags: 25% discount, discount, meeting, meeting facilities, meeting room, reduced rate, Thremhall Park
Thu, October 30 2008 » Thremhall Park News » No Comments
We are launching a brand new service for people who don’t need an office every day of the week - Thremhall Park ‘pay as you go office’ - a private, fully serviced office available as and when required. Book a half day or a full day, pay on the day and walk away - no contract needed!
If you only need an office occasionally, but want to work in a professional and prestigious business environment, the new ‘pay as you go office’ service from Thremhall Park Business Centre, Stansted, could be the perfect solution. Book a private office for either a half or full day, use our free high speed WiFi, get free local and national calls and free photocopying.
Thremhall Park pay as you go office includes:
• Fully furnished office space, with plenty of natural daylight
• Free high speed secure wifi
• Free local and national calls*
• Free photocopying^
• Free parking for you and your visitors
• Air conditioning / comfort cooling and heating
• Kitchen facilities (including fridge, microwave and toaster), always stocked with tea, coffee and sugar
• Coffee Republic on site, for lunch, snacks, coffee or catering orders
• Three meeting rooms available to hire from half an hour up to a full day, with capacities ranging from 2–40 delegates
Full day - £70.00+VAT
Half day - £40.00+VAT
* Includes up to 120 minutes of free local and national calls. ^ Includes up to 100 A4 black and white photocopies. Day or half day rate to be paid in full, by credit card on the day of use.
Tags: new, office, pay as you go office, serviced, serviced office, stansted, Thremhall
Tue, September 9 2008 » Thremhall Park News » No Comments
Thremhall Park, an independent business centre close to Stansted Airport, last month flew past the local serviced office occupancy rate of approximately 80%, by achieving over 90% occupancy.
The centre has been open for a year and a half, and occupancy has steadily increased over this period, achieving 91% occupancy in the traditionally slow month of August this year. Many of the clients at the centre have been in their offices since the centre opened, demonstrating the high level of customer satisfaction.
Kelly Innocent, Centre Manager at Thremhall Park, said “We attribute our success in this tough market to our excellent facilities, our prestigious location and our honest and transparent pricing system – our clients feel that they can trust us to deliver the service they require, and not to hit them with hidden charges.”
Given the recent economic downturn, this level of occupancy suggests that serviced offices are a sustainable option in a tough market. The flexibility and ‘all-in-one’ pricing system allows for easy month to month budgeting – companies do not have surprise bills, or extra space that they don’t need and can’t get rid of.
Tags: economy, occupancy, serviced office, Thremhall
Mon, September 8 2008 » Thremhall Park News » No Comments
We have introduced a completely free paper and card recycling service at Thremhall Park, with all recyclable material being collected from the offices every evening and put in to our large onsite recycling bins.
With approximately 65% of office waste being either paper or card, we hope to significantly reduce the amount of waste that goes to landfill sites from Thremhall Park.
We are always looking for other ways that we can help the environment, so all comments are welcome!
Tags: environment, recycling, Thremhall Park, waste
Mon, September 8 2008 » Thremhall Park News » No Comments
Posted yesterday on the Coregus office industry blog - ‘5 ways that serviced offices can help British businesses beat the economy’ (click here to read full article).
Basically, the article argues that there are 5 main ways in which serviced offices can help to insulate businesses against the credit crunch effect - an effect that is predicted to continue for the next year or two. While traditional office lettings may have slowed, the serviced office market is continuing to thrive, and here are the reasons why:
1. Short term rental contracts
Business have their own space within having a 5 or 10 year lease on their hands - vital for start-ups, entrepreneurs and other SMEs, allowing them to take control of their start-up or moving costs.
2. Growth space
Taking space in serviced offices means that a business only needs to pay for as much space as they need at that time - and no more. It also allows for rapid expansion into larger space overnight at the same centre, no fuss required (and no new stationery as addresses and telephone numbers stay the same).
3. Downsizing
A less well known (and less publicised) benefit of serviced offices is the option to downsize if the credit crunch is really hitting hard. This means moving from the existing space (at the end of an existing contract) to a smaller office until the market picks back up.
4. No surprise bills
Rent bills, water rates, electricity, internet charges - these bills can all weigh heavy when money is tight, which is where serviced offices come into their own. With one monthly bill for the licence fee (always the same amount), and one bill for all services (phone calls, photocopies etc), budgeting is made easy as companies are safe in the knowledge that their only two ‘office’ bills arrive at the same time every month.
5. Staffing and office equipment
No need to employ a secretary to answer the phone or sort the post - business centres do these things for you. Furniture and phones are not a problem either - serviced offices come fully furnished, right down to the telephone handset.
I’ve got a couple of things to add to that list:
6. Telephone and broadband systems
Telephone and broadband systems cost thousands of pounds to set up from scratch (if you take on a traditional office lease). At a business centre, you are safe in the knowledge that you will have access to the latest digital phone and broadband systems, you won’t have to deal with any technical issues, you won’t have to buy expensive phone handsets - saving thousands in the process!
7. Networking opportunities
Where better to meet other business that may be able to help you (or vice versa), than a business centre, where lots of other companies are right next door?
Tags: benefits, credit crunch, economy, office, serviced
Wed, September 3 2008 » Industry News » No Comments
For ALL September meetings booked in our Bassingbourne, Grange or Morley meeting rooms, simply quote code SEPT08_HALF when booking to receive a 50% discount on your next room reservation. For more information please email Victoria or call her on 01279 874306.
Offer ends 30/09/08, terms and conditions apply, please call for more information.
Tags: meeting room, offer, stansted, Thremhall
Wed, September 3 2008 » Thremhall Park News » No Comments
Shai Patel (Generation Financial Services) will be organising a new Golf Society for Thremhall Park clients or their colleagues, aiming for a game every month either locally or within 25 miles of the Park, depending on demand.
This is a great opportunity for all our clients (or at last the golf-playing ones!) to get together, make new business connections, and generally meet the neighbours. For more information about the golf society, please email Shai or call him on 01279 874576.
Tags: Generation Financial Services, golf, news, society, stansted, Thremhall
Wed, September 3 2008 » Thremhall Park News » No Comments
You may or may not be aware of our Thremhall Park ‘Recommend a Friend’ scheme - simply recommend a friend or colleague to us and if they take an office or book a meeting room at Thremhall, we will reward you!
You will receive High Street Shopping Vouchers which can be used in over 19,000 stores in the UK*.
Please email Maya or call on ext. 321 for more information or to recommend a friend.
*The value of vouchers will be determined by the value of the office let or the meeting room booked. Terms and conditions apply, please ask for more information.
Tags: meeting room, office, recommend. friend, serviced, stansted, vouchers, win
Wed, September 3 2008 » Thremhall Park News » No Comments