{"id":10888,"date":"2017-03-24T11:07:57","date_gmt":"2017-03-24T11:07:57","guid":{"rendered":"http:\/\/www.instantoffices.com\/blog\/?p=10888"},"modified":"2022-03-22T09:20:19","modified_gmt":"2022-03-22T09:20:19","slug":"how-much-cost-put-down-laptop-in-london","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/reports-and-research\/how-much-cost-put-down-laptop-in-london\/","title":{"rendered":"How Much Does it Cost to Put Down Your Laptop in London?"},"content":{"rendered":"

Office space in London is more expensive than ever – the space required to put down your laptop is costing you as much as \u00a3207 per year alone!<\/strong><\/p>\n

Companies of all sizes are overpaying for workspace because of the hidden costs of occupancy, and many firms take space that doesn’t fit their business plan or match their office space requirements.<\/p>\n

We\u00a0calculated how much businesses are paying for a portion of office space that equates to the same size as an average laptop and discovered that, given the rising costs of workspace in the capital, it can cost a staggering\u00a0\u00a3207\u00a0per year<\/em>\u00a0just to put your laptop down on your desk in the West End.<\/p>\n

Note:<\/strong> An average laptop is under a square foot, however we\u2019ve used it to help visualise the standard measurement for property.
\n(click to enlarge)<\/em>
\n\"How<\/a><\/p>\n

 <\/p>\n

Hidden Costs of Leased Spaces<\/h2>\n

The data below shows how costly a sq. ft. of space is in the capital right now by total cost of occupancy (TCO).\u00a0 It also illustrates how a different approach might benefit your business. TCO is the total cost of leasing office space, and includes all the factors that Financial Directors have to take into account including rent, operating expenses and property tax.<\/p>\n

There are also hidden costs and variables such as maintenance and facilities costs, which usually fall to the occupier. In addition to this, leased space that sits empty while a company takes on new staff is a major cost, and many businesses end up paying for space they aren\u2019t even using.<\/p>\n

For most companies, it is more practical to take up flexible workspace. When all costs and variables are factored in it is more affordable by a considerable amount.<\/p>\n

 <\/p>\n

(click to enlarge)<\/em>
\n\"Total<\/a><\/p>\n

 <\/p>\n

Decrease Costs by Up To 40%<\/h2>\n

All the costs <\/a>of a flexible workspace are rolled up into a simple, monthly fee.\u00a0 This approach enables sound business planning and the agility to move to a different office when your business needs to do so, not when your lease expires.<\/p>\n

We estimate that for floor space the equivalent size of a laptop, companies can decrease costs by up to\u00a040% per year in the best parts of the capital.<\/p>\n

If you consider this per employee, it is more than \u00a34,000 more expensive per year to sign up to a conventional lease. This is money that could be freed up for further investment, expansion or staff benefits.<\/p>\n

The Solution<\/h2>\n

At Instant, we have more than 15 years\u2019 experience operating as the flexible workspace specialist<\/a> and list more than 10,000 offices in the world\u2019s best locations. Contact our team of expert consultants<\/a> now to better understand how you can make substantial savings, and generate a more agile approach to real estate for your business.<\/p>\n

 <\/p>\n

\n

Looking for Office Space?<\/strong><\/h2>\n

We Operate in Some of the World’s Top Cities:<\/span><\/p>\n

London<\/a>, New York<\/a>, San Francisco<\/a>, Paris<\/a>, Singapore<\/a>, Hong Kong<\/a>,
\nSearch more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Office space in London is more expensive than ever – the space required to put down your laptop is costing you as much as \u00a3207 per year alone! Companies of all sizes are overpaying for workspace because of the hidden costs of occupancy, and many firms take space that doesn’t fit their business plan or match their office space requirements. We\u00a0calculated how much businesses are paying for a portion of office space that equates to the same size as an average laptop and discovered that, given the rising costs of workspace in the capital, it can cost a staggering\u00a0\u00a3207\u00a0per year\u00a0just to put your laptop down on your desk in the West End. Note: An average laptop is under a square foot, however we\u2019ve used it to help visualise the standard measurement for property. (click to enlarge)   Hidden Costs of Leased Spaces The data below shows how costly a sq. ft. of space is in the capital right now by total cost of occupancy (TCO).\u00a0 It also illustrates how a different approach might benefit your business. TCO is the total cost of leasing office space, and includes all the factors that Financial Directors have to take into account including rent, operating expenses and property tax. There are also hidden costs and variables such as maintenance and facilities costs, which usually fall to the occupier. In addition to this, leased space that sits empty while a company takes on new staff is a major cost, and many businesses end up paying for space they aren\u2019t even using. For most companies, it is more practical to take up flexible workspace. When all costs and variables are factored in it is more affordable by a considerable amount.   (click to enlarge)   Decrease Costs by Up To 40% All the costs of a flexible workspace are rolled up into a simple, monthly fee.\u00a0 This approach enables sound business planning and the agility to move to a different office when your business needs to do so, not when your lease expires. We estimate that for floor space the equivalent size of a laptop, companies can decrease costs by up to\u00a040% per year in the best parts of the capital. If you consider this per employee, it is more than \u00a34,000 more expensive per year to sign up to a conventional lease. This is money that could be freed up for further investment, expansion or staff benefits. The Solution At Instant, we have more than 15 years\u2019 experience operating as the flexible workspace specialist and list more than 10,000 offices in the world\u2019s best locations. Contact our team of expert consultants now to better understand how you can make substantial savings, and generate a more agile approach to real estate for your business.   Looking for Office Space? We Operate in Some of the World’s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":10928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214,12,1],"tags":[365,324,367,111,366],"class_list":["post-10888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-flexible-workspace","category-reports-and-research","tag-cost-of-office-space","tag-flexible-offices","tag-london-office-space","tag-office-space","tag-total-cost-of-occupancy"],"yoast_head":"\nHow Much Does it Cost to Put Down Your Laptop in London?<\/title>\n<meta name=\"description\" content=\"You're paying too much for office space - we calculated how much businesses pay for a portion of office space the same size as an average laptop in London.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.instantoffices.com\/blog\/reports-and-research\/how-much-cost-put-down-laptop-in-london\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Does it Cost to Put Down Your Laptop in London?\" \/>\n<meta property=\"og:description\" content=\"You're paying too much for office space - 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