Opting for a managed office space can significantly reduce the stress of owning or paying for a space you need to run and furnish yourself. When this is paired with being located in Birmingham you have the perfect opportunity to expand as a company and truly invest in your staff and customers.
This blog will explore the benefits of renting managed office space in Birmingham:
Greater flexibility and scalability
Managed office spaces often provide flexibility, such as short-term contracts or giving you the option to come out of your agreement early. This allows you to easily adapt to changes within your business.
Having greater flexibility also enhances your scalability, as shorter contracts allow companies to easily adapt to changing requirements by expanding or downsizing their office space. This is particularly effective during the current cost of living crisis as it helps businesses better navigate the current climate and their finances.
One of the many benefits of managed office spaces is that they tend to come fully equipped. This can include things like desks, chairs, high-speed Wi-Fi and audio equipment. This can reduce costs as businesses won’t necessarily need to spend money on furnishing their office space.
Having a well-equipped space can also lead to higher productivity and improved employee motivation. For example, spaces with lots of natural light and comfort can improve productivity and wellbeing.
Managed offices are cost effective as they reduce the amount of things companies need to pay for. For example, traditional office spaces require payment of gas, electricity and water bills, as well as furniture and maintenance costs. However, when it comes to managed office spaces these costs are often included within your rent instalments. They also tend to include things like reception support and cleaning costs. This helps to reduce overhead costs and provides a much more cost effective option for office spaces that still offer an exceptional look and feel.
Birmingham is an excellent location for your next office space. There are a variety of successful businesses in the heart of Birmingham City centre providing the perfect opportunity for networking, helping companies form new relationships with potential clients, customers and employees.
Being placed in the centre of Birmingham also places businesses near a variety of transport links, whether staff, clients or customers want to travel by train, bus, car or even plane, the choice is theirs. This makes it much easier for people to attend meetings or get to work, making it more likely that you’ll get the most out of your new office space.
Being located near a variety of shops, activities, restaurants and bars also allows staff to explore the city personally or as a team, contributing toward a better work-life balance and fostering better professional relationships.
Enhanced work-life balance
With managed office spaces having added amenities, such as a kitchen area, breakout spaces or fitness facilities a greater work-life balance can be achieved for you and your staff. Providing different spaces for your employees to work and relax in can create a better work-life balance as it can give them time to incorporate movement and breaks within their working day.
Furthermore, research shows that people who work in spaces with natural features report 15% higher levels of overall wellbeing. This can include things like:
- Having collaborative spaces and areas to relax and de-stress.
- Adding greenery like potted plants, living walls or flower gardens to rooms.
- Incorporating outdoor spaces like rooftop patios or a staff garden.
Managed office spaces tend to take a holistic approach to people’s working lives, allowing staff to seamlessly transition between their professional and personal life.
Renting managed office space at Millennium Point
Here at Millennium Point we have a variety of office spaces that could be perfect for your business. We offer:
- Flexible ownership.
- Affordable long-term plans.
- Constant support throughout your time at Millennium Point.
We’re also located in Eastside in the centre of Birmingham, surrounded by a community of educators, innovators, creators and forward thinkers. As a result we are:
- A short walk from Birmingham City centre.
- Close to a major motorway and all city centre transport links.
- Close to Digbeth, Snowhill and the mailbox.
- Have an on-site multi-storey car park.
- On-site meeting rooms and event spaces.
- Located near a range of high-quality hotels.
We also have a range of benefits you can take advantage of, such as:
- Having a vibrant hub of activity all year round, including things like public events and exhibitions in public areas.
- We’re sustainability friendly.
- Having in-house meetings and events spaces like our giant screen auditorium.
- Spacious, flexible offices that include an on-site cafe, parking and cleaning.
- 24-hour security.
- Our commercial activity funds our Charitable Trust that invests over £4.9 million into improving STEM education in the West Midlands.
If you’re looking to rent a new office space for your business, explore our available properties today.