What is managed workspace?

In today’s fast-paced business environment, flexibility and efficiency are paramount. This need has given rise to the concept of managed workspaces — a trend that's reshaping how companies, especially startups and small enterprises, set up their operations. Managed workspaces, also known as serviced offices or managed offices, are fully-equipped office spaces managed by a third-party provider. Below, we explore the key attributes of managed workspaces, their growing popularity, and their availability in South London.

Key Attributes of Managed Workspaces

Managed workspaces offer a turnkey office solution where all logistical needs are handled by the provider. These spaces typically come furnished with desks, chairs, and filing cabinets, and are equipped with high-speed internet, phone lines, and IT support. Additionally, they include shared facilities like meeting rooms, kitchens, and sometimes even event spaces. The provider also manages all maintenance and administrative services such as cleaning, mail handling, and reception services. This setup allows businesses to focus solely on their work without worrying about the day-to-day management of office space.

Growing Popularity of Managed Workspace

The popularity of managed workspaces has surged in recent years, driven by the growing demand for flexibility and minimal capital expenditure. Startups and small businesses, in particular, find managed workspaces attractive because they offer short-term lease agreements, reducing the financial risk associated with long-term commitments. Additionally, these workspaces foster a collaborative environment by housing multiple companies under one roof, providing ample networking opportunities and a vibrant community feel.

This business model is also much more attractive to landlords than traditional leasing. Head over to our page dedicated to landlords to find out why.

Managed Workspace Availability in SE1

Reflecting this growing trend, there is a notable increase in the availability of managed workspaces in SE1, including areas like Southwark, London Bridge and Borough. These locations offer a variety of options from high-end serviced offices to more affordable co-working spaces. As a provider of managed workspaces, Future Spaces has seen firsthand the rising demand in South London SE1 and the surrounding areas. Our spaces cater to a diverse clientele, ranging from creative agencies to tech startups, all looking to benefit from the flexibility and community that managed workspaces provide.

You can see details on all our managed workspaces here and if you’d like to read more about these vibrant areas in SE1, then take a look at our locations.

Managed workspaces represent more than just a physical office solution; they are a strategic choice for businesses looking to thrive in a competitive market. With options abound in South London, companies are finding ideal opportunities to grow and succeed in a dynamic and supportive environment.

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How managed workspace compares to flexible workspace or traditional leases