|
Save up to 80% on start up costs
With a citibase serviced office there are minimal start-up costs,
no solicitors’ fees, fitting out costs, or equipment purchases.
Clients can expect to save up to 80% on start-up costs.
Save over 50% on running costs
When choosing the citibase option you only pay for what you use,
and as the monthly fee includes all your utilities, rates, cleaning
and maintenance, budgeting couldn’t be easier!
Enjoy large company facilities
You will have an impressive furnished office with the latest technology
in phones/voicemail and with professional staff to support your
business. Your company will immediately enhance its image.
Short term flexible tenancy agreement
There is no long term commitment - citibase offices can be occupied
for a minimum of 3 months and can be easily renewed.
Maximum flexibility
Take on an extra office as you need it - or give one up when you
have to reduce in size.
Normal Lease v citibase Birmingham
The example given below is based on a two person suite at citibase
Birmingham and comparing it with a traditional office for two people
of approximately 750 sq ft.
START UP COSTS
| Normal lease space |
citibase Birmingham |
| Surveyors’ fees |
1,250 |
Fully refundable deposit |
680 |
| Solicitors’ fees |
1,500 |
|
|
| Telephone system, photocopier, PC, software, printer |
10,250 |
|
|
| Office furniture, fittings, redecorations |
3,000 |
|
|
Total Start up costs |
£16,000 |
|
£680 |
RUNNING COSTS
|
|
| Annual cost for normal lease space
|
Annual costs for citibase Birmingham |
| If the above cost is written off over four years,
there is an annual charge of |
4,000 |
Operating the same business from citibase could
show a saving of around 50%, depending on your requirements
for chargeable services. Representative costs may be: |
|
| Rent (£10 psf) |
7,500 |
All inclusive accommodation for two people (@ £340.00) |
4,080 |
Rates
(£3.50) |
2,625 |
Telephone calls, faxes |
2,200 |
| Insurance |
750 |
Use of secretarial services, say 2.5 hours/day |
8,450 |
| Landlords service charge |
1,500 |
Use of boardroom |
850 |
| Heating and lighting |
1,500 |
|
|
| Repairs and maintenance |
800 |
|
|
| Cleaning |
1,250 |
|
|
| Telephone, fax and modem line rental |
575 |
|
|
| Telephone and fax call charges |
1,800 |
|
|
| Receptionist/telephonist – salary, NI, Holiday, sickness
cover |
13,000 |
|
|
Total Running Costs |
35,300 |
|
15,580 |
|
