Blog: FAQs on Serviced Offices | Silverstone Park

Blog: FAQs on Serviced Offices | Silverstone Park

22 November 2021

At Silverstone Park, we lease high quality premises to companies of all sizes operating in advanced engineering and manufacturing, electronics and software development, and professional services such as marketing, recruitment and events management.

Our industrial units and workshops are located opposite the world-famous Silverstone Grand Prix circuit and we have a range of serviced offices located within our Innovation Centre. With a wide range of solutions, we provide property options to suit your business needs now and in the future.

Finding the right location can be challenging, whether you’re an established business or a start-up. When picking your new workspace, it is important to think about the environment it sits within, because it may impact on your employees, from well-being to productivity. It’s also essential to consider how your workspace accommodates all the needs of your workforce but is still cost-effective for the business.

For those who want a quick set-up and be ready to get started from day one, our serviced offices in the Innovation Centre are the perfect solution.

Read on to find out more:
• What are serviced offices?
• What is included in a serviced office?
• What are the benefits of a serviced office?
• Why choose a serviced office at Silverstone Park?

What are serviced offices?
Serviced offices are fully equipped and furnished office that are finished to a high standard and located in managed buildings. The benefits include access to a range of facilities with all costs included, improved security, a sense of community and having an office that is set up and ready go with very little prep work required.

At Silverstone Park, for example, you can access well-equipped kitchen facilities, hire meeting rooms and use our agile workspace. Plus, all our office space is available to let on flexible lease terms, making it easier for your business to grow and develop.

Located at the heart of the Silverstone Technology Cluster, our serviced offices are ideal for start-up and growing businesses wanting to be based among the specialist high-tech engineering, manufacturing, electronics and software development skills in the local area.

What is included in a serviced office?
Serviced offices provide a wide range of benefits for businesses, including:
• Superfast broadband
• Heating and air conditioning
• Fully decorated or refurbished office space
• Access to kitchen facilities
• 24-hour CCTV
• Free onsite parking
• A serviced reception
• Access to additional onsite facilities, such as a coffee shop and gym

These benefits make serviced offices the perfect flexible option for small and medium businesses who want a quick set up, high quality facilities and to consolidate their overheads.

At Silverstone Park, in addition to our suite of meeting rooms and telephone answering service, you will have access to our fully equipped Metrology Centre, operated by Hexagon Manufacturing Intelligence, and other specialist facilities, including digital manufacturing, plus a prestigious postcode at a convenient location. You can also gain access to our popular agile working space in the Innovation Centre. Find out more about our serviced offices.

What are the benefits of a serviced office?
Serviced offices provide a cost-effective solution to leasing commercial property and enable a quick set up for firms that want to limit downtime.

Flexibility
Rental terms for serviced offices can be relatively short-term; these provide growing businesses with the flexibility they need to remain agile. The Covid-19 pandemic has underlined the need to adapt business strategies at short notice, including the use of physical office space.

Cost-effective
You will have access to everything you will need to run your business effectively and efficiently from day one, while streamlining costs. Serviced offices are ideal for start-ups and small businesses as they simplify budgeting.

Business community
Being located within a business or industrial park provides greater access to the local business community, via shared facilities or events. This can be a highly valuable resource for start-ups needing a variety of networking opportunities.

How much office space do I need?
The number of employees, the layout of your office space and nature of your business will all impact on the amount of space you need. These aspects will all affect the density of the office space you require; for example, open plan offices can better accommodate many employees while private offices may be more appropriate for a small team.

In addition, you need to consider your projected business growth over the duration of the contract; 10-12% additional space is generally recommended, but this is largely influenced by how many additional staff you anticipate taking on.

You may find it useful to view occupied serviced offices to gain more insight into what the space looks like to help determine your needs.

Why choose a serviced office at Silverstone Park?
There’s much more to Silverstone Park than our accommodation. Whether you are a business based in one of our serviced offices or industrial units, our occupiers and guests can take advantage of many value-added opportunities.

As a world-renowned name, the Park hosts various events throughout the year, providing business development opportunities including:
• Industry focused events
• Occupier network events
• Support of Silverstone Technology Cluster’s events including Special Interest Groups

In addition, our marketing activities actively promote occupier businesses through press releases and in our widely circulated Silverstone Park Newsletter.

Silverstone Park also offers more than just a place to work; we’re an ever-growing community of like-minded individuals. Our social calendar is great for team building and helps to further strengthen our community.

Join us for:
• Quiz nights
• ‘Old school’ sports day
• Pilates
• Boot camp
• Macmillan coffee morning
• Occupier BBQ, pizza lunches and breakfasts

If you have any additional questions or would like more details on serviced office availability at Silverstone Park, contact our team today.