Entrepreneurship is booming. This year, for the first time in the 30-year history of the Sunday Times Rich list, saw 94% of the most wealthy made their own fortunes (rather than from inherited money) and almost all the 1,000 richest people in the UK are now entrepreneurs who built their own fortunes. These entrepreneurs have made their fortunes from a diverse range of ventures from fashion designing to high-tech inventing to pet food retailing.

Entrepreneurship is a popular path for people of all ages now – many twenty-somethings, and younger, are choosing entrepreneurship as a career option from the outset, and many are creating their start-ups at later ages, too. The popularity in entrepreneurship is partly due to uncertainty in various conventional job routes, but also due to improvements in technology and connectivity, access to various resources such as online courses, virtual mentorship, a vast freelancer skill pool, networking and educational events such as the About Time Festival of Entrepreneurship, and easily accessible flexible workspace options such as serviced offices.

 So…What are Serviced Offices?

Serviced offices are offices that are not taken on a lease but on a flexible easy-in and easy-out agreement. They range in sizes from suites with just one desk up to 100+ and all building related costs such as insurance, power and utilities are all included in the monthly charge.

They also come fully furnished and kitted out with communal kitchens and breakout areas, they provide business equipment such as printers, copiers and scanners, and have reception staff to answer your calls and handle your mail.

 Why choose Serviced Offices?

Serviced offices are chosen by entrepreneurs and start-ups because of the ease of management, the flexibility to easily grow their space, or downsize, within the same building; all without having to tie themselves to a lease.

 Serviced offices are also often chosen because of the proximity to other entrepreneurs and start-ups within the same buildings – users are often drawn to the buzz creativity of the entrepreneurial environments, as well as the networking and collaborative opportunities that they can provide.

Where can you find Serviced Offices?

 The serviced office market in London is growing rapidly – there are currently over 1,200 serviced office options in central London alone and the number is growing by the week.

Serviced offices are available in all locations in London and one of the great advantages of serviced offices is that small suites can be provided on flexible terms – meaning that start-up companies can take office space in areas that would traditionally be out-of-budget, such as Mayfair.

View serviced office space in the Mayfair area here

London’s most exclusive and desirable ‘village’ – the 300-acres nestled in the West End and home to some of the most luxurious real estate in the world. Mayfair is surrounded by three of the capital’s most famous parks and, itself, contains many beautifully manicured green squares.

The district in the heart of the capital is home to some of the world’s finest restaurants, hotels, clubs, boutiques and homes, and also some of the best office space.

Office space in Mayfair is traditionally expensive, in fact it is some of the most expensive in the world, and this is why it has traditionally been home to boutique hedge funds, international fashion publishing houses and embassies. There is a reason it has always been the most expensive of the dark blue properties in Monopoly.

However, another relatively new major occupier in the district are serviced office providers, in fact nearly a quarter of new office openings in the first quarter of 2018 in Mayfair were by serviced office providers – increasing the number of serviced office options in Mayfair to well over fifty.

 There are serviced offices available across all of Mayfair with some currently available on Cavendish Square, Hanover Square, Yarmouth Place, Grosvenor Square, Berkeley Square House, Dover Street Mayfair,  Davies Street and Bruton Street.

There is a full range of options in Mayfair ranging from grand grade-2 listed buildings with original Georgian fittings and tall ceilings, to elegant business club houses, to more contemporary open plan office arrangements complete with bicycle racks, showers, complementary bars and rooftop terraces.

All of these serviced offices in Mayfair are fully set up and ready-to-go as the new home for your business with superfast WiFi and the equipment and services you need to run a world-class business.

So, if you’re looking to set up your new business or already have a business that is looking for a new home, Mayfair is well worth considering as an option.