After running Flexit for 6months now, we've spoken to a variety of developers and landlords about their estates. One of the most common question is 'will my building work as a serviced office'? The answer isn't always yes, as there are many variables to consider from location, build costs, issues with internal management frameworks, structural restrictions, planning or build restraints and access to facilities like parking.
Despite these variables, in the main a good deal of empty buildings are suitable as flexible working centres.
Before embarking on this journey, its essential to do three things:
- Conduct a feasibility study on your building (looking at ROI, Costs, infrastructure and Infrastructure required for operating
- Appoint an experienced marketing company to research demand, desk rates and scope out your brand offering
- Decided on who is managing it, run it internally, appoint a managing agent or consider a JV or Management Agreement with a trusted operator.
Check out the slide that list some of the benefits of moving your assets over to flexible working.
All Rights Reserved | MB Consulting | Professional Indeminty £1M