This means the letting of office space directly from the landlord of the building. Internally the space is yours to utilise entirely as you wish (subject to landlord’s consent where appropriate). You must manage and maintain all facilities, for example, arranging space planning and fit out, I.T. and telephone systems, furniture, cleaning, utility bills and service charges. Conventional office space is rented on a price per square foot per annum basis. Please note you are responsible for the payment of rates. Occupa currently has a selection of conventional office space in London, perfect for businesses looking for offices in Holborn, Mayfair or Soho.
Brand Identity through signage in the entrance / façade of the building and to the entrance of your office space
Control as to how you use and manage your space
Longer lease terms normally available
Costs are usually significantly lower than comparable serviced office space
Greater scope to project company image
Finalising the deal takes much longer than serviced offices and office space
Office fit out / refurbishment may need to be carried out
Responsibility for office service charges, rates and utilities etc
Leases usually taken on full repairing and insuring terms
It is usually a requirement that at the end of the lease the fixtures and fittings are to be removed by the tenant and the space must be put back to a fully refurbished condition.