Differences between a Managed Office and a Serviced Office

managed offices vs serviced offices

When it comes to office space, businesses have various options to choose from; two popular options are managed offices and serviced offices. While both provide an all-inclusive office solution, they differ in several aspects.

In this blog post, we will highlight their main differences to help you make an informed decision for your business.

What is a Managed Office?

A managed office is a type of office space that is leased out by a landlord to a business. However, instead of being a traditional lease agreement, the landlord will handle the management of the office space on behalf of the tenant. This means that the landlord will take care of the building management, maintenance, and repairs, leaving the tenant free to focus on their business.

Managed office space typically requires tenants to sign a long-term lease agreement. This means that they are responsible for paying for utilities, business rates, and other associated costs.

What is a Serviced Office?

A serviced office, on the other hand, is a fully furnished and equipped office space that is ready for immediate occupation. Serviced offices are usually leased out on a short-term basis and come with a range of additional services, including reception and secretarial services, IT support, meeting rooms and catering facilities.

Serviced office space provides tenants with a flexible and cost-effective office solution, as they only pay for the services and facilities that they use. This makes serviced offices a popular choice for start-ups, small businesses, and remote teams.

Which Office Solution is Right for You?

If you are still unsure of which is the right option for you or need further advice, Knight Frank Flexible Office Solutions is here to support and guide you through your property journey. We know finding the right office space can be a daunting task.

We are here to utilise our market knowledge and expertise when it comes to presenting you with all of the available options tailored to you and your business whatever stage you may be at.

Our team would love to discuss how we can support you in your office search.

Email [email protected] or call +353 1 634 2466.