Office Cost Analyzer

Traditional Lease vs Serviced Office

Compare the full cost of office occupation — rent, fit-out, furniture, staff, utilities and more — across an adjustable lease term.

Currency
Unit
Preset templates
1 yr10 yrs

Rent & Occupancy

£3,250,000 · £0

Base rent

Annual / sq ft

Lease£2,250,000
Serviced

Service charge

Annual / sq ft

Lease£600,000
Serviced

Business rates

Annual / sq ft

Lease£400,000
Serviced

Fit-out

£1,450,000 · £0

Fit-out & construction

One-off / sq ft

Lease£1,200,000
Serviced

Dilapidations (end of lease)

One-off / sq ft

Lease£250,000
Serviced

Furniture

£250,000 · £0

Furniture & workstations

One-off / person

Lease£250,000
Serviced

Maintenance & Staff

£310,000 · £0

Reception staff

Annual

Lease£175,000
Serviced

Facilities management

Annual

Lease£75,000
Serviced

Maintenance & repairs

Annual

Lease£60,000
Serviced

Utilities

£185,000 · £0

Electricity & gas

Annual / sq ft

Lease£175,000
Serviced

Water

Annual

Lease£10,000
Serviced

IT & Telecoms

£65,000 · £15,000

Internet & connectivity

Annual

Lease£40,000
Serviced£15,000

Telephony systems

Annual

Lease£25,000
Serviced

Cleaning

£60,000 · £0

Cleaning services

Annual

Lease£60,000
Serviced

Insurance

£20,000 · £0

Property & contents insurance

Annual

Lease£20,000
Serviced

Security

£30,000 · £0

Security & access control

Annual

Lease£30,000
Serviced

Professional Fees

£40,000 · £2,000

Legal fees

One-off

Lease£15,000
Serviced£2,000

Agent fees

One-off

Lease£25,000
Serviced

Serviced Office Bundle

£0 · £3,900,000

Desk fee (per desk / month)

Monthly / desk / mo

Lease
Serviced£3,900,000

Cost comparison

Total over 5 years

Traditional lease£5,660,000
Serviced office£3,917,000

Serviced is £1,743,000 cheaper

Lease / person / year£11,320
Serviced / person / year£7,834