How much does an office fit out cost? Business owners want to get the answer to this question when doing office refurbishment. Budgeting fit out projects can be challenging, mainly if you are doing this for the first time. You need to be aware of all costs which are associated with office fit out process. Read on to get insights into office fit out costs per sq ft.
Budgeting office fit out projects
There is a direct link between comfortable office spaces and happy, productive employees. Comfortable office positively affects the well-being and productivity of workers.
An office refurbishment project always begins with the preparation. You need to calculate the office fit out costs and set the budget correctly. By doing so, you’ll be able to avoid spending too much money during workplace renovation.
Office fit outs make it possible for clients to get the most out of office space. You may use a fit out checklist or get a consultation of workspace planners before to start calculating the costs and setting a budget. This will help you spend your budget in the best possible way.
Factors that affect the costs of a project
The office fit out cost largely depends on the size of an office. The more office space needs to be renovated, the more money you must be prepared to pay for an office fit out project.
It’s pretty easy to calculate the expenses of an office fit out project. First of all, you have to decide how much office space needs to be renovated. Get the service estimates of the modern office fit out projects from several building companies. Then, you have to multiply the amount of space on the average cost per sq ft.
Factors that affect office refurbishment costs per square metre
There are many things that affect office fit out costs per square meter (or per sq ft). The cost per square metre also depends on the features you pick for your office environment, such as air conditioning, meeting rooms, furniture, etc.
Are you interested in cat a and cat b fit out? The difference between cat a and cat b fit out is that category a basic office fit out that is done to get a building ready for an end-user. This type of construction service is used by landlords, construction developers and real estate investors in London.
Category b office fit out is used when it’s necessary to do the internal space planning and remodelling in an office. In this case, contractors work closely with a team of interior design experts.
If you use office design service, you will create a custom space that meets your unique workspace needs and budget. Cat b renovation is a trendy choice of London business owners.
So what does exactly office fit out cost?
The costs per sq ft depends on the specification of a project. There are basic, mid level and high spec office fit outs.
Basic office fit out costs range between £35 and £45 per square foot. If you plan to purchase office furniture, then budget £45 – £55 per sq ft.
Mid level office fit out costs range between £45 and £60 per square foot. If you are planning to purchase office furniture, then budget £60 – £80 per sq ft.
High spec office fit out costs start with £65 per square foot. If you are planning to purchase office furniture, then budget £85 per sq ft.
Are office fit out calculators accurate?
A lot of online calculators are available today. You will find it easy to make all the necessary calculations and get estimates online. Online calculators provide clients with an approximate estimate. That means that you have to budget more money for renovation.
Breakdown of what you pay for:
In this office fit out guide you will be able to find the information on costs and fees that business owners in London have to pay during the office renovation process. Now, let’s dig deeper into pricing to get more details on what you have to pay to get your office renovated. This will help you get the answer to the question – how much does an office design, renovation and project management cost in London?
Office space design
The price of design services in London depends on project’s type and size. If you would like to create the design of office space, then you must be prepared to pay 2% – 4% of the project’s value.
Building materials and building works
Approximately 70% of the budget is usually spent on materials and building works. This money goes on flooring, lighting, kitchen accessories, etc.
Furniture, equipment and facilities
Every office needs furniture. There are different types of office furniture. These include:
- monitor arms
- 3d space furniture
- conference tables
- file storage units
Furniture costs depend on the number of employees who work in office. You should budget about £500 to £600 per person.
How much does a shop fit out cost?
According to British Business Guide’s shop fitting guide, you have to hire a shop fitting expert and purchase all the necessary equipment for your shop. On average, you must be prepared to pay £60 – £90 per sq ft. The total amount that you have to pay depends on the type of shop that needs fishing.
How much does it cost to fit out a coffee shop?
You should use commercial fit out services in London to get a coffee shop renovated. This type of renovation requires the expenses on coffee equipment, flooring, furniture, power supply, electrical and plumbing installations and other types of works. Totally, you may have to pay £92,000 for a coffee shop fit out in London.
How much does it cost to fit out a fish and chip shop?
This type of project requires expenses on frying ranges, preparation areas, kitchen equipment as well as storage facilities. The project’s costs range between £300,000 and £450,000.
However, if your previous space was a restaurant and the existing kitchen equipment can be repurposed, you may be able to save a significant amount on the overall cost. By reusing certain kitchen and restaurant elements, you can reduce the financial burden while setting up your fish and chip shop.
How much would it cost to build a small office?
On average, you have to pay £113 per square foot to build an office. It would cost £13500 to build a small office.
What are the average costs of fitting out an office?
The average costs of fitting out an office are £40 – £80 per sq ft.
Office fit-outs provide high ROI
Fitting out an office allows business owners to create an inspiring workspace where all employees will feel comfortable. This will have a positive impact on the productivity of your team. Your employees will manage to achieve better results for your business.