Better price and leasing flexibility driving change in commercial property sector

An industry offering vital support to the South African entrepreneur and SMME marketplace is the commercial-property letting sector, and an increasingly attractive option – and one that is fast gaining traction in the commercial-property rental industry – is that of fully serviced office space.

This is according to Wayne Windell, managing director of Cube Workspace, which provides fully serviced office space for businesses and entrepreneurs in Gauteng and Cape Town.

“Our experience has shown that entrepreneurs and small-business owners want to mitigate costs and risk in today’s volatile economy,” he says. “As a result, more and more professionals are choosing the flexibility of renting office premises and working environments, as opposed to high mortgages.”

Windell and his team – which started as a small business – are committed to delivering sustainable business solutions. In addition to customising the space to suit the client’s budget, Cube Workspace offers a sought after business address, access to an in-house café, a receptionist answering in your company’s name, modern conference rooms and collaborative meeting spaces. Provision of the very latest in video-conferencing technology, telephony and internet access are part of the deal.

“Additional offerings such as a virtual office, and a Café membership are also available should an office not be required. Together, this provides the flexibility required by smaller businesses, but with the professional foundation essential in today’s business world,” says Windell.

“Owned by a commercial interior designer, Cube Workspace offers an on-trend choice of materials, décor and layout. It’s important to feel as at-home in your work environment as possible.

“Standard offering includes a number of value-adds, from access to gym facilities and corporate massages to Crossfit, Pilates and yoga offered on the rooftop of our Bryanston offices. We believe in providing as holistic an environment as possible.”

He says Cube follows environmentally conscious practices, with each property designed and furnished with practical, easy-to-apply green thinking. These include solar-panelled roofs, insulated concrete, LED lighting, gas cooking in the communal café dining space, recycled materials for the tables, chairs, desks and carpets, and chemical-free paint on the walls. In addition, Cube has been involved in the collection and distribution of clothes and toys for local charities.

An additional two floors are available at the Cube Icon facility in Cape Town, with plans under way to open a Cube Workspace facility at the V&A Waterfront later this year.

Although there may appear to be many options in this niche property-letting sector, Windell cautions that it’s important to have a clear understanding of exactly what your requirements are, and which provider is best able to meet them.

“The key to effective commercial rental, particularly full-service office-space, is to be smart and do your homework and ensure you compare all aspects of the fully serviced offering when making a decision,” he says.

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