Why do Serviced Office Operators quote on a per person or per Workstation basis?
Generally speaking within the commercial property market, agents/landlords will normally quote on a SqFt (Square Foot) or SqMt (Square Metre) price, this is a simple quote as it only takes into consideration the rent of the office space (on top of this will be rates and service charges). The costs to fit out and run the office space will not be taken into consideration. To give an accurate Square Foot (SqFt) or Square Metre (SqMt) price for serviced office space is more complicated as there are variables included in the monthly/yearly cost e.g. rent, rates, service charges, utilities, furniture, IT, cleaning etc and also, costs which are difficult to appropriate on a Square Foot (SqFt) or Square Metre (SqMt) basis, for example: • Pooled receptionist • Shared reception area • Onsite facilities management team • Shared meeting rooms • Shared kitchen/toilets/showers etc Therefore due to these variable costs, serviced office operators like to quote on a per person or per workstation basis
