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

How much does it cost to rent office space in London

shared by Jonesycoast on May 19, 2013 in Business


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Renting office space in an affluent area of London can entail huge costs for businesses and risks for smaller companies. See how the prices for a virtual office soloution compare to renting an office ...
Category: Business


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