Commercial property specialists, Pearl & Coutts, comment on the rising demand for offices to rent outside of London and across the UK.
(1888PressRelease) August 10, 2013 - There have been recent reports of ever rising demand for offices to rent outside of London. Many regions saw the first quarter buck the usual trend as one of the quieter ones of the year. In many areas greater interest from investors was more than matched by those looking for an office to let. Examples include Kidderminster, just outside of Birmingham; South Shields by Newcastle; Paisley and Hamilton on the outskirts of Glasgow, and Bolton which in close proximity to Manchester. There have also been concerns raised that the trend is set to continue in 2013 against a lack of available office space. Pearl & Coutts specialist commercial property company were quick to reassure UK firms. The company stressed that it is likely that there would be some availability of offices to rent at competitive pricing across the country as the year rolls out.
Some experts claim regional office markets performed some 37% higher in the out of town markets, with certain city centre areas also seeing soaring growth. With commercial property rents in some London postcodes now the most expensive worldwide, many experts predict continued demand for premises elsewhere. Whilst this might be good news for regional economies, it could be more worrying for firms simply looking to rent office space across the UK. Increasing demand comes alongside shorter supply. And the combination is hotly tipped by some to be a driver in stimulating more demand. Overseas investors are showing some interest in the commercial regional markets. However there is always the question of the time lag between development construction and release onto the markets. And in 2012, one industry expert released figures showing a tale of two very distinct markets. While the year on year demand was estimated at up 3.5%, investment volumes were down by over half. In the meantime, there have been companies like commercial property specialists Pearl & Coutts taking a longer term strategic approach to the situation. They supply offices to let plus shops, parking spaces, industrial and storage units in London and across the country in certain key locations. Their prediction for the year ahead is still positive for those firms looking to start up or relocate to new premises.
"We have a selection of offices to rent across the UK, representing good value for money for companies of all sizes. We have a wealth of experience from over four decades in commercial property. And from that we know the key is to understand what you actually genuinely need from your new offices. It's not a question of shoe-horning a business into offices because they happen to be available. Finding out where we could rapidly place you that will provide a cost-effective, business friendly environment for your particular activity is the number one concern," said a Pearl & Coutts spokesman.
To speak to their team about finding new offices to let, call today on 0207 843 3788. All premises can be viewed on our website.
Commercial property specialists, Pearl & Coutts, comment on the rising demand for offices to rent outside of London and across the UK. 
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