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Cost comparison

Traditional offices vs. Serviced offices

The advertised monthly or weekly costs of leasing office space usually represent only a fraction of the real costs involved.

The following table sets out the actual costs, in terms of capital and ongoing, that traditional office arrangements involve:

TRADITIONAL OFFICE

SON SERVICED OFFICE

ONE-OFF CAPITAL COSTS
  • Solicitor fees for review and advice re property lease.
  • Office fit-out, including partitioning and carpets
  • Kitchen facilities (kettle, refrigerator, cups, cutlery, etc.)
  • Cabling and connection for high speed internet access
  • Telephone system and / or line establishment
  • Fax line establishment
NO START-UP COSTS WITH SON
MONTHLY OVERHEADS
  • Rent, rates and service charges
  • Building and public liability insurance
  • Power, water, gas accounts
  • Reception staff
  • Cleaning costs
  • Security costs
  • Office furniture rental or lease costs
  • Equipment maintenance
ONE MONTHLY FEE WITH SON