What can the Infographic tell us about finding the ideal office space?

“Location is an important factor when choosing office space. You need to ensure there is sufficient demand for your business in that location.”

“Location is also important when recruiting staff. Most people don’t want to walk more than 400m to the train, bus stop or work.”

 

“Accessibility, population in cachement area and competition need to be considered when looking for potential new office premises.”

“Cambridge has the most favourable business conditions in the UK, followed by Oxford, then Edinburgh.”

“The most favourable business conditions in London are in Westminster, followed by Kensington and Chelsea.”

“Expect to pay £35 per square foot of space in Cambridge, and £169 in London’s Westminster borough.”

“The average employee needs around 11 cubic metres of work space.”

“Whether you’re a small, medium or large business, you’ll need to think of space requirements for individual offices, meeting room, reception area, stationery room, kitchenette, server room and store room.”

“Growing businesses will need to add 10-20% to the estimated size of office to accommodate more staff.”

“You’ll also need to consider providing parking as part of your office space requirements.”

Used with kind permission by louchshacklock

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