London Business Centres

Lease vs Serviced

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Why choose flexible office space rather than leasing an office?
Our comparison chart gives you the facts.

Comparison chart

Leased Offices

Leasehold commitments are often at least 5 years with no break clauses.

LBC flexible office space

At LBC, we only ask you for a month’s notice.

If you want to increase or reduce your space you are constrained by your lease.

At LBC, you have total flexibility to increase or reduce space, at just a month’s notice.

Landlords often require personal guarantees from the Company Directors. These requirements are difficult for companies establishing themselves.

LBC have no requirement for personal guarantees. Flexible office agreements are generally 3 months on a renewable basis. Only two references are required.

Small office suites in London of 500 sq ft or less are very difficult to find.

LBC can provide space from 150 sq ft upwards.

The rent component of leased offices is usually only half of the total cost – you will also have to pay for rates, service charge, light, heat, cleaning and security.

At LBC, all this is included in your monthly fee.

A minimum of 500 sq ft is required for a small operational office.

Because we provide security, post room, reception, photocopying, kitchen and toilet facilities, a two-person office at LBC can be as small as 150 sq ft.

It takes time and effort to run, repair and maintain leased space.

LBC do all the office management for you.

It takes time and effort to run, repair and maintain office equipment.

LBC do all this for you.

With a traditional leasehold arrangement, it is extremely difficult to budget in advance due to variables and unexpected costs.

LBC’s fixed cost structure allows you to budget with confidence.