Serviced Offices & Coworking Spaces in FY1

Coworking spaces are typically shared, open-plan environments where individuals and teams from different businesses work side by side. They’re ideal for freelancers, startups, and remote workers looking for a vibrant, collaborative atmosphere. You usually pay a monthly membership or a hot-desking fee, and amenities like Wi-Fi, coffee, and meeting rooms are included. In contrast, serviced offices in FY1 offer private, fully-furnished office suites within a managed building. They’re more suited to small and medium-sized businesses that want their own space but still benefit from flexible leases and all-inclusive services like reception, cleaning, and IT support. Both options offer flexibility and ready-to-use space, but the key difference lies in privacy vs. community. Coworking is more social and open; serviced offices offer more privacy and control.

Options include hot desks, dedicated office desks (designated desks in a shared office), small offices, self-contained and private offices. If you are self-employed, contracting, starting a small business in FY1 coworking can be a very flexible and rewarding option. Visit some of the coworking spaces available in FY1 to get a feel for the options that may suit you best.

Flexible office spaces are designed with employee experience in mind, and certain features consistently stand out as favourites among staff. High-speed Wi-Fi and well-equipped meeting rooms are essential for productivity, while breakout areas and quiet zones support a healthy balance between collaboration and focus. Many employees value on-site amenities like coffee bars, communal kitchens, showers, and bike storage — especially in urban locations like FY1. Access to natural light, comfortable ergonomic furniture, and modern interior design also contribute to a more pleasant working environment. In coworking spaces, the sense of community, networking events, and shared social spaces are often big draws. For serviced offices, staff often appreciate the professional reception service, security, and hassle-free setup. Ultimately, flexibility in working hours and the ability to scale up or down as needed make these spaces particularly attractive for today’s workforce.

Pricing depends on the type of space and location. Hot-desking options start from as little as £100–£200 per month, while a dedicated desk may range from £250–£450/month. Private serviced offices start around £500/month for small suites, rising significantly in premium central locations. Many providers offer all-inclusive pricing with flexible terms.

Unlike traditional offices, coworking and serviced offices usually operate on rolling monthly licences or short-term agreements — typically ranging from one month to one year. This makes it easy for businesses to expand, downsize, or relocate without long-term commitment.

Freelancers, startups, remote workers, consultants, small businesses, and even global corporations use flexible space. It's especially popular with technology firms, marketing agencies, creatives, legal and financial professionals, and companies trialling satellite offices in new locations.

Yes. The shift to hybrid working has significantly increased interest in flexible office solutions. Many companies now favour smaller, decentralised office footprints combined with coworking memberships. This trend has made flexible workspaces a core part of modern occupational strategy.

Absolutely. Many coworking and serviced office providers offer day passes, team bundles, or rotating desk access. This allows hybrid teams to meet up regularly without committing to full-time space. Meeting room access and collaboration zones also help maintain team connectivity.