'Wok&Co' Shared Office Leasing, Combining Non-Regulatory Advantages, Convenient Operation Management, and Stable Profitability

[Image: Provided by Wok&Co]

As more people show interest in small-scale startups, the number of those seeking 'shared offices' is increasing day by day.

One of the things that people preparing to start a business need to pay attention to is securing office space. Shared offices are gaining popularity because they allow immediate use of all convenience facilities upon move-in and help reduce initial startup costs and fixed expenses. When renting a traditional office for a startup, users must prepare all the necessary facilities themselves, which is cumbersome and costly; shared offices solve these problems all at once.

Additionally, traditional office rentals require mandatory use for a specific period and come with high rent. However, shared offices offer flexible lease terms optimized for each tenant and rent is calculated per person, making it reasonable. Tenants can freely use various facilities by simply paying rent, with no additional management fees or separate expenses.

Another advantage of shared offices is the variety of state-of-the-art facilities within the complex. By creating a 'company you want to go to work at,' they increase tenant employee satisfaction and serve as a facilitator to help tenant companies scale up.

Leveraging these advantages, the shared office market is rapidly expanding. Recently, not only tenant companies but also leasing businesses have been paying attention to shared offices. Shared offices do not require large capital investments, and if popular, concerns about vacancies are reduced. Compared to other products, stable profits can be realized with small capital investment, which is why many are closely watching shared offices these days.

Another appealing factor of shared offices is freedom from regulations. They are excluded from DSR (Debt Service Ratio) application and can be resold. Furthermore, individual room registration is possible, and tax benefits such as acquisition tax and property tax reductions are provided. Operation and management are also convenient. They can be easily managed and operated through specialized outsourcing companies.

Amid this, there is a shared office that has secured excellent product quality and outstanding location, gaining great popularity among both companies and leasing businesses. It is 'Wok&Co.'

'Wok&Co' is a shared office that started sales near Guro Digital Complex Station on Line 2, located on Digital-ro in Guro-gu, Seoul, covering an area of 10,000㎡. It offers △16 three-person rooms △114 four-person rooms △12 five-person rooms △33 six-to-eight-person rooms, with individual units about 1.5 times larger than those of other shared offices. According to sales officials, it boasts a comfortable work environment reflecting current trends.

The complex is equipped with all business-essential facilities, including 19 meeting rooms (up to 24 people), a dining room, YouTube studio, photo studio, shower rooms, massage chairs, relaxation lounges, cafeteria, OA zone, and wireless internet. Since no additional costs are required, high satisfaction from tenant companies is expected.

Excellent accessibility is also a strength of Wok&Co. Located right next to Guro Digital Complex Station on Line 2, the complex offers outstanding convenience for commuting via public transportation. The Guro Digital Complex area is not only a Line 2 station zone but also included in the new Sinansan Line connecting Ansan and Yeouido, which is expected to further improve commuting convenience in the future.

Abundant demand adds to its popularity. The area around Guro Digital Complex Station is densely packed with industrial complexes, and additional demand is expected to be secured with the opening of the Sinansan Line.