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COMPARATIVE STUDY FOR A GOOD REAL ESTATE

National Syndicate of Business Center and Domiciliation Enterprise made a comparative study ( June 97 ) between the rent of a simple office and a setting up in Business Center.

When you come and visit one of our business center in order to rent an office, It is very rare that you don't say that it is too expensive in comparison with an other proposal concerning the rent of empty offices.

Let's take the example of a 15 m2 office in a business center situated in neighboring suburbs of Paris. This furnished office in which you are interested is proposed at the price of 969,00 € HT by month which includes all service charge and maintenance costs plus heating, lighting and maintenance, , and the classical services in business center ( reception, continuous telephonic reception the bureau horary, post mail treatment). At a change of a supplement, other services can be used if necessary (photocopies, faxes, typist, use of a meeting room). So you can work alone, and in good conditions of standing and comfort.

In order to compare these price and service conditions with those of an empty room, this room, beforehand renovated, must have an area of about 35m2 necessary for a secretary otherwise work conditions can not be compared.

You will also have to fit out this room with a phone installation at least, a fax , a good quality photocopier and furniture. This room, in conditions of site equivalent to those of the business centre, will cost 687,00 € HT per month for a precarious lease of 23 months.

From the financial point of view, comparison must be made on these following points :
 

1- Treasurership to unpack before coming in the localities
In business centre
In empty hiring
Guarantee deposit
3.503,28 €
2.469,67 €
 
3 months TTC
3 months TTC
Rent advance
1.167,76 €
2.469,67 €
 
1 month TTC
3 month TTC
Agency fees
0 €
1.654,07 €
   
2 months TTC
Charge advance
0 €
246,97 €
EDF and FT subscription
0 €
152,45 €
Office furniture and equipment
0 €
5.335,71 €
Total
4.671,04 €
12.328,54 €
Conclusion : advantage
for the business centre
from 1 to 3 depending the case

 
2- Annual cost HT of exploitation
 
In business centre
In empty hiring
Amortization of agency expenses
0 €
686,02  €
Annual rent
14.013,12 €
9.878,68 €
Annual rental charges
0 €
823,22 €
EDF, maintenance, heating etc
0 €
1.829,38 €
Phone
2.195,26 €
1.829,38 €
Secretary salary and charge
0 €
18.294 €
Secretary's allowances
2.439,18 €
0 €
Secretary holidays and leaves
0 €
2.667,85 €
Furniture amortization
0 €
687,00 €
Contracts of equipment maintenance
0 €
305,00 €
Total
18.647,56 €
37.000,53 €
Conclusion : advantage
for the business centre
from 1 to 2,10 depending the case
(figures of example of a 15m2 office in a business centre situated in neighboring suburbs of Paris)

To this evident advantage for our business center concerning figures, we must add other advantages more difficult to quantify and which concern the flexibility of use :

- duration of the lease very adaptable in business center and rather inflexible for a room rent as part of the 53 order, even derogatory.
- possibility to use à la carte a meeting room in a business center
- flexibility to rent an other office in the business center, if necessary.
- saving of time in real estate management and services.
 

 
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