In these uncertain times, investing in a smarter office can seem like an overwhelming process. If you’re in the early stages of budgeting for your fit-out project, this article is for you. Understanding the average costs of fit-out in the UK will enable you to plan budgets, reduce uncertainties and make better decisions around your real estate portfolio.
Fit-out cost factors
In this article, we’ll outline where you should expect to invest your budget. While no two projects are the same, and you’ll likely have your own unique project requirements, we have taken the indicative average costs across the UK for design and construction in 2019. Costs vary dependent on a range of factors, the major influencers being:
- Type of building
- Refurbishment or relocation
- Scope and complexity of works
- Client procurement method (e.g. traditional vs design & build)
Our cost analysis is based on a typically priced fit-out with a standardised floorplate and specification. It assumes the project is a relocation to a new building in a UK city’s Central Business District (CBD). By reviewing the average fit-out costs across the diverse range of industries and sectors in the UK, this model indicates the construction and delivery costs associated with a low, medium and high-quality specification.
A typical menu of fit-out services
The standard elements that are included within the fit-out process are:
- Change management and workplace strategy
- Audio/visual equipment
- Legal and contracts
- Workspace development (e.g. receptions, meeting rooms, breakout areas)
- Data & communications infrastructure
- Ceilings, doors, floors, frames, and partitions
- Decorations and fixtures
- Security & access
- Kitchen installation
- Electrical, mechanical, and plumbing
- Furniture (chairs, desks, cupboards, etc.)
- Preliminary consultation and planning
- Acoustics & noise control
Learn more about these elements here.
What is the cost breakdown for a 2020 UK fit-out project?
In 2019, AV/IT and Furniture requirements increased by 2-5%, driven by office infrastructure having to work harder to support the demands and expectations of employees.
What are the total costs for different levels of fit out?
Examples of work and services
Entry Level specification
Where are you at?
If you’re weighing up costs, putting together a budget, or still trying to work out where to start; we can help. We’ll begin by reviewing your current space and strategy, and helping you plan for your future needs. Drop us a message today to get started on improving your workplace.