New office rental business offers the chance to reduce office vacancies

MARKET HARBOROUGH, U.K. - Oct. 25, 2022 - PRLog -- Office space rentals obviously reduced in 2020 due to the global pandemic however, office spaces are still being left vacant as the remote working environment becomes more and more popular amongst business owners and employees.

• Office vacancy at highest level in London in over 15 years, around 31 million square feet of space available!
• Office space continues to be the weakest sector of commercial real estate with the highest vacancy rate (12.4% on average).

What has been on the rise however is the growth of the coworking industry, spaces designed for multiple businesses to share communal space. Coworking was on the upwards trend before the pandemic and benefited from the reduction in permanent office life.

• By 2022, 13% of businesses outside the US will be using shared workspaces
• Flexible office space has been growing at an average annual rate of 23% since 2010

GetADesk offers the opportunity to shift your office space, or other capacity within your venue, into the modern era by providing employers and businesses with what they need and what they want in a new working environment. Old principles of permanent office space rentals are being erased by a new environment that sees limited need for them and as more of a money loser.

• 3 out of 5 businesses offer hybrid working
• 72% of company owners say office space would be the first thing to go in price cuts

Offering temporary office rentals has therefore become an attractive option among businesses and real estate companies as a way to protect and grow their business and portfolio in a more stable and developing market. Renting a desk also has the benefit of reducing the difficulty of handling tricky clients as there is no long term lease, you decide the terms and conditions for their brief stay and hold more power than you might do with long term rentals.

Temporary office space has also been more attractive to business owners as it is cheaper to rent and a much smaller number up front. They gain flexibility over what they are paying for and that office space becomes more compelling. With hybrid working continuing to be on the rise and being the preferred option among many business owners, renting a desk for a day is better for all parties. It secures office owners revenue and fills their vacant areas, it provides employers with an opportunity to meet staff and it gives employees the social benefits of the office without removing the remote working environment that they have become accustomed to.

GetADesk (https://getadesk.co.uk/) is an exciting new business opportunity operated by Garth Colan, an entrepreneur that was seeking a solution to his own need for flexible office space.