Serviced Vs Leasehold Comparison
Serviced Office
The costs below are based on average Central London Serviced Office Space prices and include
| 1.Business Rates included | 2.Service Charge | 3.Building Insurance | 4.Contents Insurance |
|---|
Cost Estimation :
| Monthly Cost | £ |
|---|---|
| Annual Cost | £ |
| 5 Year Cost | £ |
Please note that the above five year contract in a serviced office assumes an average rent free period of 2 months which has being applied in the cost estimation
Leasehold Office
The costs below are based on average Central London leasehold Office Space prices and include
| 1.Business Rates £ 21 |
2.Service Charge £ 10 |
3.Building Insurance £ 1.12 |
4.Contents Insurance £ 1.12 |
5.Total Amount £ 95.74 |
|---|
Cost Estimation :
| Monthly Cost | £ |
|---|---|
| Annual Cost | £ |
| 5 Year Cost | £ |
Please note that the above 5-year lease liability assumes an average rent free period of 8 months for Leasehold Offices, this is the average rent free period Compass LDN achieves for our retained clients and is not typically something achieved by tenants dealing directly with Landlord agents.
Cap Ex Costs
Serviced Office :
| Deposit | £ | 2 Months |
|---|---|---|
| Fit Out and/or Furniture | N/A | |
| Legal Fee | N/A | |
| Schedule of Condition | N/A | |
| Dilapidations | N/A | |
| Stamp Duty | N/A | |
| Total 5 year serviced office contract | £N/A |
Leasehold office :
| Deposit | £ | 3 Months |
|---|---|---|
| Fit Out and/or Furniture |
|
Fit Out & Furniture |
| Legal Fee | £ N/A | 5% |
| Schedule of Condition | £ 950.00 | Circa £ 950 |
| Dilapidations | £ N/A | £ 12 PSF |
| Stamp Duty | £ N/A | 0% |
| Total 5 Year Leasehold Liability | £N/A |

