Some   occupier   costs   are   hidden   or are difficult to determine. Our       analysis       examines       the dimensions   and   measures   and   looks at   the   rent   comparison,   desk   rates, business    rates,    operational    costs, and capital costs. The    dimensions    are    broken    down into 16 cost categories: Capital Expenditure (Capex) 1 . Refurbishment 2 . Dilapidations Landlord Charges 3. Lease Transactions 4. Service Charges 5. Landlord’s Insurance Operational Costs (Opex) 6.          Kitchen    services    ‘supplies    & equipment’ 7. WC services 8. Cleaning 9. Routine Maintenance 10. Office Furniture 11. Security costs 12. Electricity / Lighting 13. Heating (Gas) 14. Internet Services Local Taxes 15. Business Rates Rent & Desk Rates 16.   Open   Market   rates   per   square foot | cost per desk Our   analysis   tools   are   calibrated   to London      Spaces      and      offer      an efficient      and      smart      way      of determining   value   for   the   occupier. We   can   enhance   our   analysis   with any    specific    cost    details    that    you have   incurred   or   are   contemplating. This    helps    the    occupier    to    make informed    choices    based    on    their specific criteria and goals.

We       examine       the       occupier’s relationship   with   their   office   space. We   look   at   the   ratio   of   people   to spaces   and   how   the   space   relates   to the business plan. One    size    does    not    fit    all     and simply   applying   a   standard   area   will not    help    optimise    the    cost.    Our analysis platform will ! We   can   quickly   discover   the   right area   and   cost   for   your   business.   We call   this   Rightsizing   for   the   occupier. It      is      a      great      method      for understanding   the   cost   relationship to   office   space   that   fits   with   your business model. We     look     at     the     way     that     you currently   use   your   office   space.   How much     space     is     used     for     core working   areas,   desk   space,   meeting rooms,     copier     &     post     stations, collaborative   stations,   and   amenity spaces.     We     apply     the     ratio     of personnel   to   space   to   determine   the occupier   cost   ratio.   This   cost   ratio will      be      different      for      different companies. We   dig   deeper   into   the   description of    space    and    area    and    look    at alternative   comparisons   to   find   the best fit at the optimum price. We    offer    a    details    summary    for comparison      purposes.      We      can provide   a   detailed   report   for   further scrutiny and due diligence.

Our   analysis   approach   can   compare the   costs   of   traditional   leasing   with flexible     spaces.     Some     occupiers prefer private spaces. We   look   at   your   criteria   for   space and     use     this     to     examine     the alternative    options    and    how    they compare on costs. In    some    cases    it    might    be    more cost    effective    to    continue    leasing. Rents   are   falling   and   incentives   are being   offered   to   attract   and   retain occupiers.    Our    analysis    approach digs   into   the   detail   of   costs   for   the occupier.   With   this   information   we can     engage     with     landlords     and operators   to   optimise   the   proposed terms.   This   pushes   the   benchmark for   terms   that   are   best   suited   to   the occupier.    This    is    a    great    way    to negotiate   deals   to   drive   costs   as   low as possible. That    way    we    can    be    sure    of    the right deal for the occupier.

Cost Categories and Scrutiny

How Much office space do I need ?

Serviced spaces or independent leasing ?