Spacent team · Sep 19th 2024
Exploring London’s Innovative and Flexible Work Spaces
Coworking has become ever more popular. Before the pandemic it was fairly rare to see people who never go to the office, but since the pandemic it has become the new normal for many.
Companies are now trying to balance their work between office and home for their employees. Some have kept their distance working policies, but some have now started to ask their employees to return to the office for a few days per week.
As people come and go, the old ideal of having a large head office does not serve the purpose anymore. Now it makes more sense to have versatile office spaces that can be scaled up if there is a need.
There is also a need for working spaces with different levels of services. Some will settle for a good working environment with a desk and internet connection, but some want to have individual private rooms. Also manned front desks and even secretaries for some admin duties are available in some locations for more demanding clientele.
This has created a large market for different kinds of workspaces providing services starting from individual daily hot seat rentals to scalable and flexible solutions for larger companies. Next we will look in more detail why London has become a hub for coworking. In case you want to see available locations right away, have a look at our London page.
5 Key Reasons why London is a Hub for Coworking
High Cost of Real Estate
Living in London is expensive and so are traditional office spaces. In some sought after locations office rent can be astonishingly high. This has created a demand for flexible and more affordable solutions.
Diverse Workforce
London truly is a global hub and it attracts professionals from all over the world. Having a global workforce creates a multicultural and dynamic work environment.
Transport Connectivity
London Underground is well known for its coverage and there are a plethora of other options too when it comes to commuting. There are riverboats, trains, tram lines and buses just to name a few. Traveling to coworking spaces is easy and effortless even from further away.
Innovation and Creativity
London is well known for its financial district, but it is also one of the leaders in technology, fashion and media. This great mixture of industries works as a nurturing ground for innovation and collaboration.
Entrepreneurial Spirit
Apart from large global companies London is known for its vibrant start up scene. There are numerous incubators, accelerators and hubs supporting and helping new businesses.
What kind of workspaces are available in London?
London has something for everyone. Traditional office spaces are still available, but as mentioned earlier they do not serve the needs of all the companies, but merely for those established companies who have a stable workforce and most people come to the office frequently.
Then there are coworking spaces in shared environments for startups, scaleups, freelancers and remote workers. There are hot desks, designated desks and private offices available for different needs. Usually amenities include meeting rooms and event spaces and common areas for networking.
Some companies want everything to be ready for them so they will choose serviced offices. Serviced offices are always fully equipped and furnished with flexible lease terms when compared to traditional leases. They often have all-inclusive services such as reception, secretarial services and even IT support.
London also has creative studios available for designers, artists and creative professionals. Studios have expensive equipment for making music or for other purposes that would be too pricey for private individuals to purchase. They are often located in converted industrial spaces away from the most central areas.
For new entrepreneurs and startups there are incubators and accelerators on top of other coworking spaces. Those designated spaces for entrepreneurs and startups offer mentoring, networking and funding opportunities.
How to find a suitable workspace?
Different needs call for different solutions. With the Spacent App you can access a wide network of workspaces. We have tailored our offering and we have coworking passes and meeting room solutions for all needs. Our solution works for all kinds of companies from startups to scaleups to SMEs and big corporations alike, who want to offer flexible employment options for their employees and reduce overheads from office expenses.
Have a look for our solutions for employers and employees to gain a better understanding about the benefits that can be achieved with our Spacent. More information about packages you can find from our pricing page.
Also, making direct bookings through our app allows you to ensure that space you need will be booked for you, unlike with some other companies’ services that merely pass booking requests forward. With us you can be certain that you will get the space you book.