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House Rules

These General Terms and Conditions apply to Co-Working & Virtual Office agreements for services We supply to You. 

  1. General Agreement

    1. Nature of an agreement: At all times, Wood Street Co work remains in Our possession and control. YOU ACCEPT THAT AN AGREEMENT CREATES NO TENANCY INTEREST, LEASEHOLD ESTATE, OR OTHER REAL PROPERTY INTEREST IN YOUR FAVOR WITH RESPECT TO THE ACCOMMODATION.  

    2. House Rules: The House Rules, which are incorporated into these terms and conditions, are primarily in place and enforced to ensure that all clients have a professional environment to work in.

    3. Company and Contact Information: It is Your responsibility to keep the information and key contact information We use to communicate with You up to date via the App or Online Account (or other customer portal as advised to you from time to time). This includes but is not limited to email addresses, phone numbers, and company address.

    4. Availability at the start of an agreement: If for any unfortunate reason We cannot provide the services or accommodation in wood Street Co work, stated in an agreement by the start date, We will have no liability to You for any loss or damage.

    5. We may elect not to renew an agreement. If so, We will inform You by email or through the App.  

    6. If the Co working space is no longer available:  In the event that We are permanently unable to provide the services at the Wood Street co work stated in an agreement, We will offer You accommodation in one of Our other offices.  In the unlikely event We are unable to find a nearby alternative accommodation, Your agreement will end and You will only have to pay fees up to that date and for any additional services You have used.  

    7. Ending an agreement immediately: We may terminate an agreement immediately by giving You notice if (a) You become insolvent or bankrupt; or (b) You breach one of your obligations which cannot be put right, or which We have given You notice to put right and which You have failed to put right within 14 days of that notice; or (c) Your conduct, or that of someone at the Wood Street Co Work with Your permission or invitation, is incompatible with ordinary office use and, (i) that conduct continues despite You having been given notice, or (ii) that conduct is material enough (in Our reasonable opinion) to warrant immediate termination; or (d) You are in breach of the “Compliance With Law” clause below. If We terminate an agreement for any of the reasons referred to in this clause You must, within 30 days of the date of Our notice of termination, pay Us as a lump sum payment all sums that would otherwise have fallen due and payable by you during the remainder of the period for which Your agreement would have lasted if We had not terminated it. You agree that this payment reflects a reasonable estimate of the actual damages that We will sustain in the event of an early termination.

    8. When an agreement ends: When an agreement ends You must vacate Your space immediately, leaving it in the same state and condition as it was when You took it.  If You leave any property in the Centre ,wood street co work We may dispose of it at Your cost in any way We choose without owing You any responsibility for it or any proceeds of sale. If You continue to use the space when an agreement has ended, You are responsible for any loss, claim or liability We may incur as a result of Your failure to vacate on time. 

  2. Use of Wood Street Co Work

    1. Business Operations: You may not carry on a business that competes with Our business of providing serviced offices or flexible Co Working space.  You may not use Our name (or that of Our affiliates) in any way in connection with Your business.  You are only permitted to use the address of Wood Street Co Work as Your registered office address if it is permitted by both law and if We have given You prior written consent (given the administration there is an additional fee chargeable for this service).  You must only use the space  for office business purposes.  If We decide that a request for any particular service is excessive, We reserve the right to charge an additional fee.  In order to ensure that Wood Street Co work provides a great working environment for all, We kindly ask you to limit any excessive visits by members of the public.

    2. Accommodation

      1. Alterations or Damage: You are liable for any damage caused by You or those in Wood Street Co work with Your permission, whether express or implied, including but not limited to all employees, contractors and/or agents.  

      2. IT Installations: We take great pride in Our IT infrastructure and its upkeep and, therefore, You must not install any cabling, IT or telecom connections without Our consent, which We may refuse at our absolute discretion.

      3. Use of the Accommodation: An agreement will list the accommodation We initially allocate for Your use.  You will have a non-exclusive right to the desk(s) allocated to You.  Where the accommodation is a Co Working desk, this can only be used by one individual, it cannot be shared amongst multiple individuals. Occasionally to ensure the efficient running of Wood Street Co Work, We may need to allocate different desks to You, but it will be of reasonably equivalent size and We will notify You with respect to such different desk in advance. 

      4. Access to Wood Street Co Work: To maintain a high level of service, We may enter Wood Street Co Work and may do so at any time, including and without limitation, in an emergency, for cleaning and inspection or in order to resell the desk space if You have given notice to terminate. We will always endeavour to respect any of Your reasonable security procedures to protect the confidentiality of Your business. 

    3. Compliance with Law: You must comply with all relevant laws and regulations in the conduct of Your business. You must not do anything that may interfere with the use of the space by Us or by others (including but not limited to political campaigning or immoral activity), cause any nuisance or annoyance, or cause loss or damage to Us (including damage to reputation) or to the owner of any interest in the building. If We have been advised by any government authority or other legislative body that it has reasonable suspicion that You are conducting criminal activities from the Centre, or You are or will become subject to any government sanctions, then We shall be entitled to terminate any and all of Your agreements with immediate effect. You acknowledge that any breach by You of this clause shall constitute a material default, entitling Us to terminate Your agreement without further notice.  

    4. Ethical Trading: Both We and You shall comply at all times with all relevant anti-slavery, anti-bribery and anticorruption laws.  

    5. Data Protection: 

      1. Each party shall comply with all applicable data protection legislation.  The basis on which we will process Your personal data is set out in our privacy policies (available on our website .) 

      2. You acknowledge and accept that we may collect and process personal data concerning You and/or your personnel in the course of our agreement for services with you.  Such personal data will be processed in accordance with our privacy policy.  Where you provide this data to us, you will ensure that you have the necessary consents and notices in place to allow for this. 

      3. Employees: We will both have invested a great deal in training Our staff, therefore, neither of us may knowingly solicit or offer employment to the other’s staff employed in the Centre (or for 3 months after they have left their employment). To recompense the other for staff training and investment costs, if either of us breaches this clause the breaching party will pay upon demand to the other the equivalent of 6 months’ salary of any employee concerned.  

      4. Confidentiality: The terms of an agreement are confidential. Neither of us may disclose them without the other’s consent unless required to do so by law or an official authority. This obligation continues for a period of 3 years after an agreement ends.

      5. Assignment: An agreement is personal to You and cannot be transferred to anyone else without prior consent from Us unless such transfer is required by law. However, We will not unreasonably withhold our consent to assignment to an affiliate provided that You execute our standard form of assignment. We may transfer any agreement and any and all amounts payable by You under an agreement to any other member of Our group.

      6. Applicable law: An agreement is interpreted and enforced in accordance with the law of the place where the Centre is located other than in a few specific jurisdictions which are detailed in the House Rules. We and You both accept the exclusive jurisdiction of the courts of that jurisdiction. If any provision of these terms and conditions is held void or unenforceable under the applicable law, the other provisions shall remain in force.  

  3. Our liability to You and Insurance

    1. The extent of Our liability: To the maximum extent permitted by applicable law, We are not liable to You in respect of any loss or damage You suffer in connection with an agreement, including without limitation any loss or damage arising as a result of our failure to provide a service as a result of mechanical breakdown, strike or other event outside of Our reasonable control otherwise unless We have acted deliberately or have been negligent. In no event shall We be liable for any loss or damage until You provide written notice and give Us a reasonable time to remedy it. If We are liable for failing to provide You with any service under an agreement then, subject to the exclusions and limits set out immediately below, We will pay any actual and the reasonable additional expense You have incurred in obtaining the same or similar service from elsewhere.  

    2. Your Insurance: It is Your responsibility to arrange insurance for property which You bring in to the Centre, for any mail You send or receive and for Your own liability to your employees and to third parties. We strongly recommend that You put such insurance in place.

    3. IT Services and Obligations:  Whilst We have security internet protocols in place and strive to provide seamless internet connectivity, WE DO NOT MAKE ANY REPRESENTATION AND CANNOT GUARANTEE ANY MAINTAINED LEVEL OF CONNECTIVITY TO OUR NETWORK OR TO THE INTERNET, NOR THE LEVEL OF SECURITY OF IT INFORMATION AND DATA THAT YOU PLACE ON IT.  You should adopt whatever security measures (such as encryption) You believe are appropriate to Your business.  Your sole and exclusive remedy in relation to issues of reduced connectivity which are within Our reasonable control shall be for Us to rectify the issue within a reasonable time following notice from You to Us. 

    4. EXCLUSION OF CONSEQUENTIAL LOSSES: WE WILL NOT IN ANY CIRCUMSTANCES HAVE ANY LIABILITY TO YOU FOR

LOSS OF BUSINESS, LOSS OF PROFITS, LOSS OF ANTICIPATED SAVINGS, LOSS OF OR DAMAGE TO DATA, THIRD PARTY CLAIMS OR ANY CONSEQUENTIAL LOSS. WE STRONGLY RECOMMEND THAT YOU INSURE AGAINST ALL SUCH POTENTIAL LOSS, DAMAGE, EXPENSE OR LIABILITY.

  1. Financial limits to our liability: In all cases, our liability to You is subject to the following limits:

    1. without limit for personal injury or death;

    2. You are liable at all times for the loss or damage to any of our equipment.; and

    3. in respect of any other loss or damage, up to a maximum of 125% of fees paid under this agreement up to the date on which the claim in question arises or £5,000 or local equivalent (whichever is the higher)

  1. Fees

    1. Taxes and duty charges: You agree to pay promptly (i) all sales, use, excise, consumption and any other taxes and license fees which You are required to pay to any governmental authority (and, at Our request, You will provide to Us evidence of such payment) and (ii) any taxes paid by Us to any governmental authority that are attributable to Your accommodation, where applicable, including, without limitation, any gross receipts, rent and occupancy taxes, tangible personal property taxes, duties or other documentary taxes and fees.

    2. Pay-as-you-use and Additional Variable Services: Fees for pay-as-you-use services, plus applicable taxes, are payable up front at our standard rates which may change from time to time and are available on request.

    3. Discounts, Promotions and Offers: If You benefited from a special discount, promotion or offer, We will discontinue that discount, promotion or offer without notice if You materially breach Your agreement.  

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