How is a licence different from a lease?
A licence provides greater flexibility than a lease, making it more suited to small growing businesses with changing space requirements.
Whereas a lease normally requires a long-term commitment, protracted negotiations and hefty legal fees, our licences are issued on a renewable, six-monthly basis with only a month’s notice required.
Is a licence more expensive than leased office space?
No, a licence can save you money. A lease only covers the space itself, ignoring those hidden costs like energy, security and business rates, whereas our licence fee includes all of these costs.
How much does a licence cost?
That depends on the type and size of space you require. Our licence fees start from as little as £145 + VAT a month and includes:
- Easy-in/out occupation
- Light, heat, power and water
- Buildings insurance, repairs and maintenance
- Building security and alarmed premises
- On-site management team
- Business rates
- Full carpet and interior decoration throughout
- Shared reception and meeting space
- Shared kitchen facilities on every floor
- Office cleaning
- ICT infrastructure including CAT5 cabling
- 24/7 access, 365 days a year