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What are the different types of Office Space – Part 2

In the last blog, we have discussed Different Types of Office Space, here we are going to discuss few more types of office space. Office space is where most of our life is exhausted. Half of our life we simply spend by going in and out of several offices. By the time we retire, most of the time we are so used to that workspace that we tend to miss it. So now you know why office space is such an important part of our lives.

Office Space for sale/lease comes in all different types, sizes, building classes, and shapes. It is not only important to hire good people for running your business, but you have to provide them with proper facilities to ensure that they give their best. Office layout and seating arrangement is one of them.

There are different types of office spaces that can be found. So we have listed out the common types of office spaces. Below are a few to consider to see which ones are the best fit for your company.

Executive Office Suites

What is Executive Office Suites :- Executives office suites are typically plug n play full floor or small private workspaces with furniture, lease line, and reception services. It is basically a fully serviced and furnished office space meant for lucrative businesses. You can often secure executive suites as a sublet with flexible terms. The lease of an executive suite is pretty lenient as you can either get a monthly, quarterly, bi-annually or yearly.

Executive Suites are the traditional version of co-working spaces. Renting an executive suite allows you a lot of the same benefits of a co-working space. Other facilities which include in executive’s office suites is access to a common conference room and break room and a reception area with a receptionist and printers and photocopy machine.

An enterprise space is a type of managed office space that is customisable to suit the needs of larger teams.

Flexible Office Warehouse Space/flex space

What is Flexible Warehouse Space:- Flex space is a type of office space in which a tenant who occupies industrial space also has office space built out within the building. For those that need a little bit of office and a little bit of warehouse space, these are perfect. This kind of space is for tenants who need to have both the front and back end of their business under one roof, from warehouse and/or distribution to sales, accounting and management.

Flexible offices spaces are typically single-story buildings found in semi-industrial areas.

Flex buildings allow you to build out the style of office space that your main need, be it traditional office space, creative space or even a high-end showroom space. Flex space also holds a financial advantage by consolidating real estate expenses.

Shared Office Space

What is Shared Office Space:- A shared office space is one in which a company with extra space in its office leases a portion of the space out to another company or individual. This situation is generally a win-win for both parties, as it allows the main tenant to recoup some of their office space overhead costs, while the sub-tenant is able to enjoy reduced rents and more flexible lease terms. Additionally, this provides some of the social benefits of coworking, but still allows both companies to maintain some degree of control, since they know their neighbours.

Virtual Office

What is Virtual Office:- A virtual office gives you all the services of a managed office without the physical space. Virtual office space provides a business email address and a physical address without an actual dedicated office space. Other facilities include call handling and reception services. Virtual office saves you from the hassles of owning an office space and adds mobility to your business. You don’t have to restrict yourself anywhere and can work from any location with the virtual office communication address.

Ideal for companies who work out in the field, meet with clients or work from home. Virtual offices are the most affordable office type because you’re not renting actual desk space.

Business Centres

What is Business Centres:- Business centres are perfect if your requirements are for smaller office spaces. They are generally one big building which houses many smaller offices located at premium areas of any city. Normally in a business centre, you get the premium facilities like reception, cafeteria, allotted parking etc. Owing to their operational advantages, the rents for office spaces are competitive when compared to other types of shared office spaces.

Home Office

What is Home Office:- Now, we all are aware of the Home office due to covid-19. Most of the homes are converted into offices due to work from home. A home office is a space designated in a person’s home for business purposes. Home offices are set up by people who work from home, whether they are self-employed or telecommute.

Working from home has its benefits like, zero commute time, no extra expenses for office space and you can work from the comforts of your home.

However, sometimes, the office at home also has its own share of disadvantages. With costs rising, many small businesses have become dependent on home office space. Freelancers and startup founders mostly prefer home offices.

Conclusion

Hope you found this article helpful and do carefully check every workspace type before finalizing one for yourself or for your company. If you’re not sure which one of the different types of office spaces is best for you or your company, you don’t need to worry. You can simply start by analyzing your company’s size, budget, culture, and growth plans in the future. This will help you select the best and most suitable office space. So before finalizing which office is better for you

First up, you need to decide two things:

1. What type of office do you need?

This is the actual space where you and your team will do your work.

                        Private Office   Coworking Desk   Virtual Office   Enterprise Office

2. Where do you want your office?

This is the property that your office is located is in.

After this, you can find suitable office space at Industrialplot.com. You can find the office for lease or office for sale there, there are lots of listed office properties for sale as well as for office space on rent also.

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