The different office types

Flexible workspace is a relativley new term and it covers a lot of different types of office space solutions so no wonder it gets a little confusing. We know this industry inside out so let us break it down for you!

First up, you need to decide two things:

1. What type of office do you need?

This is the actual space where you and your team will do your work.

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Private Office

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Coworking Desk

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Virtual Office

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Enterprise Office

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2. Where do you want your office?

This is the property that your office is located is in.

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Coworking Space or Serviced Office

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Sublet Office

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Shared Office

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Coworking Desk

Coworking spaces allow you to work alongside other businesses in open communal offices. You can hire a single desk or multiple desks to fit your whole team either by hotdesking, where you work in any available space and remove all your things at the end of the day, or by renting a dedicated desk which means you can keep your workstations set up for the duration of your tenancy. Coworking is great for those who like to interact with others during their working day and want to keep costs down. Many of our coworking offices have unique features like chill out zones, roof terraces and drinks on tap.

Private Office

Private offices come in all sizes, from one person up to 100, and is a lockable room that is located within a shared office facility and exclusively rented to an individual entity. Private offices provide a quiet, confidential and secure space to work and leave your belongings, while simultaneously allowing you to join in with the wider professional community when you fancy it. Private offices are a cost-effective way of renting commercial space as you only pay for the floor space that you need while enjoying access to communal meeting rooms, internet connection and breakout spaces.

Virtual Office

A virtual office gives you all the services of a managed office without the physical space. Ideal for companies who work out in the field, meet with clients or work from home, a virtual office gives you a business address, call-handling and reception services and somewhere to deliver your mail when you don’t need the physical office space, but they can include discounted desk hire or meeting room hire. Virtual offices are the most affordable office type because you’re not renting actual desk space.

Enterprise Suite

An enterprise space is a type of managed office space that is customisable to suit the needs of larger teams. Sure, it’s a type of coworking or serviced office, but whilst many of us associate coworking spaces as a concept suitable for start-ups, freelancers and individual creatives, times are changing. We are living on the cusp of a new era of the way we will all do business and larger firms are beginning to notice the wealth of benefits linked with these dynamic workspaces.

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Serviced Office

Serviced office spaces are managed and supported by an onsite service team. You have a dedicated receptionist with mail-handling, phone-answering and PA and secretary services. Your office space and the communal areas are looked after for you while flexible billing and easy leases take the hassle out of office renting. Serviced offices are great for people who need additional administration or reception supportand prefer a more corporate office solution than a coworking or shared office.

Sublet

A sublet office is a fantastic way to rent conventional office space without taking on the responsibility and cost of the office lease yourself. The lead tenant will have permission in their contract stating they are allowed to sublet their office and Office Hub can help the two parties reach an agreement. Sublet offices give the independent feel of your own commercial lease without tying you into a long-term contract, large deposits or new interior fit-outs.

Shared Space

Shared office space refers to the practice of two or more businesses sharing a commercially leased office. While the term can refer to a managed coworking office or a serviced office, it is more commonly used when the tenant of a privately leased office rents out their unused space to another business. This means that both parties benefit from sharing the cost of the rent, bills and overheads. Think Airbnb for office space – you get to use an awesome office, without the commitment or concern of your own long-term lease.

Still considering
conventional space?

ARTICLE: Conventional long term lease VS managed flex space

Weigh up the pros and cons of leasing your own dedicated office space compared to moving in to a flexible coworking or private serviced office.

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