Commercial property rents have been predicted to increase in 2011: Leading letting agents Pearl and Coutts give their reaction.
(1888PressRelease) January 06, 2011 - As the New Year begins, commercial property rents have been predicted to increase during 2011 and this is likely to be partly fuelled by an increased demand. Following a recent report by the Royal Institute of Chartered Surveyors, its senior economist Oliver Gilmartin joined other experts in predicting this trend is likely to continue during 2011. Leading London letting agent Pearl and Coutts gave their response to the problem and offered important advice for businesses looking for sustainably priced office space in London.
"In this robust commercial environment, we know from over 45 years' experience, that commercial property in London represents a very specialist market and this year has seen many reports of a shortage of accommodation for business purposes. One of our specialties is working with companies needing to rent in London outside the prime areas, for which space is always going to be critical no matter what the market is doing. The important message for those firms is that we will always have properties which will work for all sizes of businesses. While some may be struggling to find quality accommodation, we have a long history of supporting businesses in the capital to find premises at competitive pricing without compromising on quality. We also fully understand that all businesses need to get through the sourcing and contracts stage as efficiently as possible and always aim to make the process as easy as possible via our multi-lingual team."
Pearl and Coutts deal with all UK locations and are best known for their high quality commercial property such as industrial units, storage space, parking and office space in London. Their advice to businesses demonstrated a characteristic passion for both the city and the real life needs of their very varied client base:
"The better quality London properties are in high demand right now and it has been a pleasure to offer companies renting from overseas tailored support to build and maintain their presence in this amazing, dynamic and economically vibrant city. At Pearl & Coutts we are very well known for how quickly we can act, but what people might not be aware of is that we also offer parking spaces, storage space, and property in Greater London and other parts of the UK. There have been some predictions that as well as strong high street sales, there is likely to be a substantial increase in online retail in 2011. As such, we're expecting that there will be a need to support those who need various different types of premises to complement their face to face trading or simply establish a cost effective base for an e-commerce business. Whatever the trading style though, we can save businesses a lot of time by handling all their requirements as a 'one-stop' service, rather than having to deal with lots of different agents. "
Whether your business commercial property, office space in London, greater London or elsewhere in the UK, call the bilingual team at Pearl & Coutts today on 020 7843 3753.