The old saying of Location, Location, Location still holds an important role in a company’s key criteria when searching for an office space. However, the demand for hi-tech amenities is now a key factor behind many companies’ reasons for moving.
18th December 2015
Each time tenants view commercial properties, they will be presented with a service charge – a cost that can vary significantly from case to case. Some properties can quote a service charge of £15 per sq. ft., whereas other offices spaces come with no service charge at all.
18th December 2015
When the plans to build a second high-speed rail line from London to Manchester and Leeds - via Birmingham - were put forward six years ago, the impact of High Speed 2 (hereafter HS2) became a hotly debated topic. The project is estimated to cost £50 billion, and will provide...
16th December 2015
Start-up companies often require a unique set of circumstances in the property market. As companies without operational experience can have difficulty predicting what their future profit will be, they can have issues committing to a lease straight from a landlord. Some of the challenges the companies face could be 12...
15th December 2015
Over the last few weeks, there have been discussions that the central London office space market could be teetering at the top, about to turn. Eugene O’Sullivan, Managing Director at Morgan Pryce, said: “From Morgan Pryce’s perspective, this is mostly hot air. Even though it would certainly be a welcome...
14th December 2015
The Centre of London and West End are areas assembled by appealing villages, which contribute to the unique atmosphere of these locations. This makes them desirable for corporate tenants, and consequently, rental prices are driven up. As a result of the increased rent, the independent business owners who give...
8th December 2015
The serviced office market is the most active it has ever been, and the providers are jostling for their market share. The top spot is currently held by Regus Group, a privileged position which they secured by their recent merger with Avanta. Subsequently, Regus covered 250 locations across 50 cities...
1st December 2015