THE WORLD’S GETTING SMALLER, AND SO IS YOUR OFFICE
In order to help take out the guesswork of ‘how much space do we need’ we’ve put together a handy guide to help visualise how much space (sqft, sqm, desks) your new workspace might need to fit everyone in comfortably.
Historically if your business has occupied leasehold space without services, you’ll probably need more like 100sqft per person because of all the extra things you need to allow for such as meeting rooms, private offices, breakout space, kitchen and IT requirements. A serviced office, on the other hand, has all the amenities on site but they are located throughout the building. This, in turn, means you should be looking at reducing the space required to between 65-75sqft per person.
Top Tip: It’s worth noting many providers ‘high dense’ space meaning space might be marketed as a four-person office, however, in reality, it would accommodate 2-3 people. This is especially true within Central London as some providers have been known to drop below 40sqft per person!
SQFT/SQM vs NUMBER OF DESKS
1-3 person office = 130 sqft / 18sqm. Think; Single Garage
5-8 person office 516 sqft / 48sqm. Think; Double Garage
10-15 person office = 1,080 sqft / 100 sqm. Think; Football Pitch 6-Yard Box
15-20 person office = 1,404sqft / 130 sqm. Think; Half a Tennis Court
50-70 person office = 5,337 sqft / 496sqm. Think; Half Five-A-Side Football Pitch
70-100 person office = 7,128 sqft / 662 sqm. Think; Football Pitch Penalty Area
100-150 person office = 10,505 sqft / 976sqm. Think; 8x 100m Lane Athletics Track
As well as thinking about how much space you need now, it’s important to consider the future needs of your business. In order to achieve the best possible rates for your business, providers will normally ask that you sign for a 12-month term, therefore it’s important to ensure the business has enough room for additional employees. You’ll also need to consider how much office space you’ll need if you merge with another company, downsize or undergo a restructure where teams will grow or change in size.
If you’re considering reducing the amount of space which your business occupies, it might be worth looking to the considerable savings that agile working can bring to your business. More information can be found by reading our report into the cost savings carried out by Simon Carter at National Grid.
To find out more about reducing the cost of your office real estate, check out our Cost Per Desk Tube Map Guide or speak to a member of our team on 020 8058 5410.