8 WORKERS - NOTTINGHAM - 6 MONTHS

Project Overview

Corporate Rentals successfully managed the accommodation of 8 employees in Nottingham for a 6-month project, providing superior living conditions while significantly reducing costs compared to traditional hotel stays.

By opting for Corporate Rentals, the client achieved substantial savings of £53,226.16 over the 6-month project compared to traditional hotel accommodation. The streamlined operations, premium accommodation, and comprehensive management services provided by Corporate Rentals ensured a hassle-free and cost-effective housing solution for the client's employees.

Corporate Rentals: Steps & Calculations

Tap below to reveal the breakdown of processes and costs throughout every stage of the project.

    • 3 Bed Rentals Required: 1

    • 4 Bed Rentals Required: 2

    • Ensuring a spare room within each rental for utmost space, comfort, privacy, and enabling visits from family and friends

    • Total Monthly Rent: £4,513.00

    • Nottingham Suburb location - easily accessible to assignment site in Sherwood

    • Project / Tenancy Duration: 6 months

    • Total Cleaning & Ongoing Maintenance: £4,334.40

    • Total Bills & Taxes: £7,938.90

    • Total Furnishing Costs: £16,958.00

    • Furniture Transport, Install & Removal: £4,000.00

    • 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): £1,634.04

    • Total Amount Payable by Client (Excluding CR 15% Fee): £61,403.34

    • Includes deposit, rental fees, and all Corporate Rental amenities

    • Total Amount Payable by Client (Including CR 15% Fee): £70,613.84

    • 3 Months Upfront Deposit

    • Deposit Payable Upfront by Client: £35,306.92

    • Client’s Monthly Payments: £5,884.49

Corporate Rentals VS Hotels: Savings Calculator

Tap below to reveal how much the client saved with Corporate Rentals, versus their previous hotel corporate accommodation.

    • 8 Workers

    • 6 Months

    • 4 Nights per week per worker spent in hotels

    • £150 hotel expenses per night per worker

    • £2,580 per month per worker

    • £20,640 per month for all workers

    • £123,840 total to provide 8 workers with hotel accommodation in Nottingham for 6 months

    • £70,613.84 total to house 8 workers in 1 x 3 bed and 2 x 4 bed premium rental accommodation in Nottingham for 6 months

    • £53,226.16 saved by the Client for choosing Corporate Rentals instead of hotel accommodation