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What is a managed office space?

What is a managed office space?

September 5, 2024

Alex Timperley

5 mins

There’s so much more choice in the office market these days and companies can find the exact type of space that suits their business, staff and future growth ambitions.

Flexible, serviced and leased offices are all commonplace – but what about a managed office? This is another new type of space which has emerged on the scene and it offers an intriguing mix of benefits for businesses.

The best way to think of managed workspace is that it sits in between a serviced office and a leased office with the advantages of both.

How does fit out work with a managed office?

When you rent managed office space, the landlord will work with you to provide a fit out that meets your needs. Together, you will create a vision for the shell space with CGIs, furniture schedule, look/feel documents and more which help you imagine what the space could become.

The landlord will then deliver that fit out for you and spread the cost over the length of the contract. By rentalising the cost in this way, you get the type of fit out you would expect with a leased office, but you don’t have to pay for it up front with a lump sum – keeping money in the business which can be used for growth.

It also removes a lot of the hassle that can come when you choose a leased office normally. In this way you get a bespoke, branded space with the simplicity that normally comes from a serviced space.

What costs should I expect with a managed office?

The operating cost of a managed office functions very much like it would for a serviced office.

Unlike a leased space where you have to arrange all bills and payments yourself – often including large up-front costs – only one monthly payment is required for a managed space.

Your monthly payment for a managed space is all-in-one and covers rent, rates, service charge, utilities, fit out, furniture, cleaning, dilapidations, telcom and more.

You will also not have to worry about dilapidation fees or returning the office back to its shell state when you leave. That cost is covered by the monthly fee and your landlord will manage that for you.

What services do you get with a managed office?

This is another area where you get many of the benefits of a serviced office. A managed space can come with services like tea and coffee, meeting rooms and building amenities included in the single monthly payment.

So not only do you get the private space offered by a leased office, but you also get a high level of service in all areas too. With a managed office, you get the best of both worlds!

How big are managed offices?

A managed office provides much more room than a serviced office. The latter normally has a space ration of one person to every 28-45 sqft, whereas a managed space offers a ratio of one person to every 60 sqft.

Not only does that give you more space – like with a leased office – but it also means you have greater flexibility. You can create different types of workspaces for different needs and activities, and you have got more room to brand it appropriately.

Autonomy of design and use, plus all the flexibility, transparency of cost and simplicity you could ever need – what more could a growing business want?

Where can I find a managed office in Manchester?

Managed offices to rent in Manchester are currently rare, though the market is maturing and more spaces are becoming available all the time.

Therefore, if you are looking for Manchester managed workspace to rent then the time to move is now. The benefits of this type of office are becoming well known and understood, making it a highly desirable space for businesses of all shapes and sizes.

By moving fast, you can secure a managed workspace like ourclient GigPig and start reaping the rewards. Get in touch with our team today to learn more about managed offices!

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