Office spaces have become a vital part of a business or company that runs multiple tasks. These places provide a good quality work environment that contributes towards the scale and growth of the business gradually.
In search of a furnished office for rent, you should also consider the basic facilities, furniture, amenities and other required equipment provided under the workspace.
Furnished vs unfurnished office spaces
Experts believe that business size is the most significant decision-making factor when searching for workspace for rent. Most startups save money by renting out their small workspace having furniture items or by renting out their furniture. A few well-established businesses or companies either opt for a well-furnished workspace or an unfurnished workspace based on the company’s needs and requirements.
It can be quite a back-breaking task for you to rent your first office space. A furnished office for rent is a good option for individual professionals and small teams. These places provide an eco-friendly atmosphere to perform activities.
Both a well-furnished workspace and an unfurnished workspace have their advantages and disadvantages. The rental cost for an unfurnished workspace is low, but the capital required to buy other equipment or design the interior is higher. On the other hand, the rental cost differs when selecting a well-furnished workspace providing the amenities, basic facilities, meeting or conference rooms, other equipment, etc.
Getting a well furnished office on rent in Mumbai is a good option as it provides all the required amenities with washrooms, conference/meeting rooms, a cafe area, and furniture at a reasonable cost. Business owners must consider a few deciding factors to take a proper decision to rent out a well-furnished or an unfurnished workspace.
The following are advantages and disadvantages that will help a business owner or a company to select a furnished or an unfurnished workspace.
Advantages of furnished office spaces
1. Cost–effective
A fully furnished office space comes with the basic needs and required equipment, printing facilities, internet and Wi-Fi connection, furniture etc, at certain pre-decided costs.
2. Short–term lease
Shorter or more flexible lease terms allow you to rent office space precisely as long as you need to. This can help your company avoid getting stuck in a rental commitment, preventing it from branching out or adapting to changing market conditions.
3. Maintenance
The cost and time expense of maintenance, upkeep, and cleaning is the responsibility of the office manager and is typically also included in your rental fees.
Disadvantages of furnished office spaces
1. Greater leasing price
The rent for the selected workspace depends on the location and the number of required pieces of equipment provided in the workspace. The level of restructuring of the workplace required by the firm also affects the leasing price. Rent is negotiable, depending on the renting period.
2. Brand marketing
Commercial centres often have fully branded workspaces. It indicates that businesses have their logo displayed at the entrance or other places of the building. It shows that the office space is rented rather than owned by the company that occupies it.
3. Increased responsibility
In the case of a furnished office, the responsibility is much more because, apart from the space, you are also responsible for any possible breakage to the furnishings in the area.
Delhi is one of the top metro cities in India. A fully furnished office for rent in Delhi offers easy accessibility to the metro and social infrastructure. The spacious centres give a wide range of accessibility to world-class business enterprises and startups.
Advantages of unfurnished office spaces
1. Flexibility to customise
The biggest advantage is that you can design the interior as per company requirements. The company can also add or remove furniture and other unnecessary amenities. It is the company's own decision to plan the interior decoration according to its goal.
2. Reduced liability
No other added obligation other than maintenance charges is required. The company can buy or rent the furniture, based on necessity.
3. Lower rentals
The rental pricing is gradually lower in an unfurnished workspace compared to a furnished workspace, depending on the availability of furniture or other interior decorative material.
Disadvantages of unfurnished office space
1. Requires time to setup
Unlike a furnished workspace, an unfurnished workspace requires more time to set things per requirements. Setting up electric connections, internet/WiFi connection, furniture setup, etc. Decorating the interior part of the workspace is the most time-consuming part.
2. Expensive choice
It becomes necessary to purchase all required materials and equipment from scratch. The cost of renting an unfurnished workspace is lower but the amount spent on buying the other required materials is significantly high.
These advantages and disadvantages of both furnished and unfurnished workspaces can help you decide whether to buy furnished office spaces or unfurnished office spaces.
If you are looking for fully furnished office space for rent, contact us at DBS BUSINESS CENTER.
Sharing some key points to be followed before choosing a furnished office space or an unfurnished office space. To learn more, contact us at DBS BUSINESS CENTER.
