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The New Year can be the perfect time to take stock, reassess your business needs, and explore making a change. In particular, it can be a great time to consider an office relocation.
Whether you’re looking for more space or lower expenses, a serviced office or an ‘blank canvas’ office space to do what you like with, there’s a lot to consider when looking for perfect workspace in Central London.
Here, we’ll run through some of what you need to consider when looking for a new office - and run through a selection of the best flexible office space in London. Read on to learn more.
Of course, as with any business decision, it’s worth thinking through whether you actually need a new office - the last thing you want to do is go spend the time and effort to move into a new space that turns out to be wrong for you.
Before you make your move, you should consider the following factors:
Is your business expanding? If you find yourself bursting at the seams, cramped desks and crowded meeting rooms might be hindering your productivity. A larger office space can better accommodate a growing team - and provide space for further expansion in future.
As we’ve noted before, location is one of the most important things to consider when deciding whether to move into a new office space. Is your current office space convenient for both workers and clients?
Consider factors like …
Note also that moving to a more central area can help provide further opportunities to grow, giving you access to more customers and making you more attractive to potential employees.
Consider how much you’re currently spending and what you’re getting in return - and look at what else is on the market when it comes to offices to rent in London. You might find that you can spend less money - or get better value for what you pay for.
Finally, and perhaps most important from the workers’ point of view, is the state of your current working environment. Does it foster collaboration, creativity, and employee wellbeing? Consider not just function but aesthetics too - having a well designed modern office space can do wonders for morale and productivity.
Once you’ve determined whether a move is right for you, you can turn in more detail to what’s right for your business.
A serviced office in London offers the chance to get into your new space and get set up quickly and with little hassle. Inclusive amenities like reception services, cleaning and IT support keep things running smoothly. And shorter term commitments make serviced offices perfect for businesses who need flexibility and do not have capacity to get immersed in the operational details of running an office space, on top of running their core business.
A traditional office, on the other hand, is better for those that value the ability to customise their space to create a truly bespoke workspace experience for employees and clients. You have full responsibility for procuring the design, delivery and maintenance of the physical space, and you’ll have to arrange all the soft services that dovetail with that to enhance the day to day experience. But you can get major benefits in return, with the chance to make your office space fully align with your company culture and to showcase your brand identity for employees and clients alike.
As people say: ‘location, location, location’.
But how can you decide which location is right for your business?
The most important thing to remember is that there is no one size fits all ‘best’ location. You have a lot of options when it comes to choosing a workspace in Central London. It’s worth considering which areas are best for your particular sector.
An area like the City is great if you’re in financial services or corporate law - but it’s probably not the best choice for a retail or arts business!
Make sure to pick the spot that’s right for you. You can speak to any one of our agents for thier advice on where certain sectors tend to congregate.
Size matters, and you’re always looking for the sweet spot - big enough to both accommodate your current employees and equipment and have room to grow, but not so big that you’re spending money on space that isn’t accretive.
For best results, evaluate your current and likely future space requirements - and, if possible, go for an office space that offers the flexibility to adapt as your business changes.
Designed for both work and leisure, Henry Wood House offers a range of private offices and communal spaces for meetings or events - as well as amenities including a twenty-seat screening room and a gym.
Whatever your reasons for moving, it’s crucial you list them clearly before moving further with your proposal. If you don’t know what you aim to achieve from your relocation, you’ll find it impossible to identify the right space for you.
With its elegant and intentional design, Uncommon High Holborn is the kind of office space in Central London that makes workers genuinely excited to come into the office. There’s a Wellness Studio and even a rooftop bar - perfect for team meetings, entertaining clients, or just winding down and gazing out over the London streets.
With 38 meeting rooms and space for up to 100 desks, Runway East Bloomsbury has more than enough to offer businesses looking to grow. The location doesn’t hurt, either: two minutes from Holborn Tube station, five minutes from Tottenham Court Road, and within walking distance of everything from the West End to the City.
The Boutique Workplace Company prides itself on its curated collection of office spaces - and Euston’s Connolly Works is a real gem in the crown. With a total of over 17,000 square feet of office space, an onsite gym and shower, roof terrace, and range of meeting spaces and breakout rooms, this central London office, located between King’s Cross and Euston stations, is perfect for businesses of any size.
Landmark’s Orchard Place sits on prime real estate a stone’s throw from Victoria station, with easy access to Westminster, Pimlico, Green Park, and Charing Cross. Facilities and amenities include an onsite shower, local IT support, and security, and enough coworking space to help your workers collaborate and thrive.
While making a move isn’t always the right decision - and while it’s important to make sure the move is right for your business - there are a lot of great workspaces in Central London, and we at Knight Frank are here to help you find the one that’s perfect for you.
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