How much does it cost to rent office space in London

Why choose a w1 virtual office?



Looking to gain a London business foothold without the costs of premises and staff? a virtual office solution from W1 provides a prestigious business address, virtual receptionist, mail forwarding and fax, to email services for 110 pounds a month.



For a similar price in same area, you could have 1 feet squared of space in a physical office for 1 year. 368 pounds is the price to rent an office the size equivalent to a London phone box in the W1 area



What about a receptionist? internet office? fax?



Running an office in the size of London phone box in the w1 area

Receptionist salary 20,000 pounds

server costs 2,150 pounds

phone and broadband 600 pounds

rent 368 pounds

fax machine 200 pounds

maintenance 200 pounds

subtotal 23,368

vat 4673 pounds



= 28041 pounds



what about space for desks? meeting rooms? kitchen? toilets?



running a small business in a moderate area for 1 year

rent 130,540

desk space 280 ft 34,160

reception 200 ft 24,400

staff room, 150 ft 18,300

kitchen 100 ft, 12,200

privacy room 100 ft 12,200

store 100 ft, 12,200

toilets 40 ft 4,880

other expenses 28,041

total= 190,297 (vat-317,16)



or how about a virtual office for just 1,000 pounds a year



official w1 address- start trading from communications house, 26 york street, london w1, customer service at door for visiting clients



mail forwarding- daily sorting and forwarding via 1st class royal mail, company presentation at website, business cards,stationary



call answering- your own dedicated UK telephone number with all incoming calls answered via our London call center by one of our trained operators, physically live in "Your company name"



Fax to email- inbound fax converts to PDF. PDF is sent by email to your inbox WHY CHOOSE A W1 VIRTUAL OFFICE? Looking to gain a London business foothold without the overheads of costly premises and staff? A virtual office solution from W1 provides a prestigious business address, virtual receptionist, mail forwarding and fax to email services for £110 a month... £79 per ft/year PADDINGTON £122 per fl?/year MARYLEBONE £65 per ft/year EUSTON 1FT For a similar price in same area, you could have 1ft? of space in a physical office for 1 year. £368 The price to rent an office the size equivilant to a London phone box in the W1 area... What about a receptionist? Internet? Maintenance? Fax ? 3ft? INVOICE Running an office the size of a London phone box in the W1 area for 1 year... Cost (£) Item £20,000 £2,150 Receptionist Salary Server Costs £600 Phone & Broadband £368 Rent £200 £200 Fax Machine Maintenance Subtotal £23,368 VAT £4673 = £28,041 %3D What about space for desks? Toilets? Meeting rooms? Kitchen?. INVOICE Running a small business in a moderate size office in the W1 area for 1 year... Item Cost (£) Rent - 1070ft? £130,540 BREAKDOWN --- Desk Space - 280ft? £34,160 £24,400 £18,300 Reception - 20Oft² Staff Room - 150ft? £12,200 £12,200 Kitchen - 100ft Privacy Room - 100ft £12,200 -.. Store - 100ft Meeting Room - 100ft £12,200 O--- Toilettes - 40ft £4,880 + Other Expenses £28,041 Subtotal £158,581 VAT £317,16 = £190,297 %3D Or how about a W1 Virtual Office for just £1,100 a year? Official W1 Address Start trading from Communications House, 26 York Street, London W1 Customer service at door for your visiting clients Mail Forwarding Daily sorting and forwarding via 1st Class Royal Mail Company presentation on website, business cards, stationery & advertising Call Answering Your own dedicated UK telephone number with all incoming calls answered via our London call centre by one of our trained operators, physically live in "Your Company Name." Fax to Email Inbound fax converts to PDF PDF is sent by email to your inbox W1 OFFICE® LONDON www.w1office.com Statistics based on typical values for the London W1 Infographic by Fresh Egg