Serviced office
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A serviced office usually entails an office/office building that is fully furnished and offering flexible rental terms as opposed to a regular conventional office that may need furnishing and has a longer tie in period. They are usually found in the business districts of large cities around the world.
Serviced offices often allow tenants to share business machines and other resources, providing reduced costs or access to equipment which may otherwise be unaffordable. The facility generally includes security, reception and mail support. Some serviced offices primarily offer hot desks.
There may also be additional facilities such as boardrooms, meeting rooms and break out areas, and services such as secretarial facilities, often available on a pay as you use basis. Space is normally flexible, allowing for additional space to be allocated at short notice should the size of the business change.
Facilities and services typically include:
- 24/7 Security
- Insurance
- Heating, air conditioning and other utilities
- Telecom connections
- IT infrastructure and Internet connectivity
- Furniture
- No / low Start Up Costs
- Prestigious addresses
- Flexible leasing
- Maintenance
- Immediate availability
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