10 WORKERS - GLASGOW - 8 MONTHS
Project Overview
Corporate Rentals expertly managed the accommodation of 10 workers in Glasgow for an 8-month project, providing superior living conditions while significantly reducing costs compared to traditional hotel stays.
By choosing Corporate Rentals, the client enjoyed significant savings of £97,471.08 over the 8-month duration compared to traditional hotel accommodation. This remarkable cost efficiency was paired with an unparalleled level of service, including premium housing, meticulous property management, and personalised support from a dedicated Account Manager. Corporate Rentals provided a seamless and superior living experience for the client’s employees, ensuring their comfort and satisfaction, which in turn fostered a more productive and motivated workforce. This case study exemplifies how Corporate Rentals not only delivers substantial financial benefits but also enhances the overall quality of corporate housing solutions.
Corporate Rentals: Steps & Calculations
Tap below to reveal the breakdown of processes and costs throughout every stage of the project.
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3 Bed Rentals Required: 0
4 Bed Rentals Required: 3
Ensuring a spare room within two rentals for utmost space, comfort, privacy, and enabling visits from family and friends. To save costs, the Client opted for the third 4-bed to be fully occupied in a larger, more spacious property
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Total Monthly Rent: £6,750.00
Newton Mearns location - easily accessible to assignment site in Cumbernauld
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Project / Tenancy Duration: 8 months
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Total Cleaning & Ongoing Maintenance: £6,501.70
Total Bills & Taxes: £9,865.20
Total Furnishing Costs: £18,126.00
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Furniture Transport, Install & Removal: £4,500.00
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Minimum Storage Duration Length: 3 months
3 Months Minimum storage to provide ample time for furniture to be sourced in time for tenancy start date
Total Storage Cost (Minimum 3 Months per Property): £1,728.00
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Total Amount Payable by Client (Excluding CR 15% Fee): £94,720.80
Includes deposit, rental fees, and all Corporate Rental amenities
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Total Amount Payable by Client (Including CR 15% Fee): £108,928.92
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3 Months Upfront Deposit
Deposit Payable Upfront by Client: £40,848.35
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Client’s Monthly Payments: £8,510.07
Corporate Rentals VS Hotels: Savings Calculator
Tap below to reveal how much the client saved with Corporate Rentals, versus their previous hotel corporate accommodation.
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10 Workers
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8 Months
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4 Nights per week per worker spent in hotels
£150 hotel expenses per night per worker
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£2,580 per month per worker
£25,800 per month for all workers
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£206,400.00 total to provide 10 workers with hotel accommodation in Glasgow for 8 months
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£108,928.92 total to house 10 workers in 3 x 4 bed premium rental accommodation in Glasgow for 8 months
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£97,471.08 saved by the Client for choosing Corporate Rentals instead of hotel accommodation