Is moving office on the agenda for 2011?
As the new year dawns, is it time your company relocated to greener pastures?
With the new year on the horizon, many companies are considering planning an office move and taking advantage of renewed stability in the UK commercial property market.
Investment has increased in the office market as confidence returns and new office builds have the opportunity to grow roots once more. If you are moving office, 2011 will be a good time to sell up your office property as good valuations are expected for most regions.
The central London office market has already seen a return to form with financial recovery increasing the office space let in the capital. Those moving office will see a steady supply of Grade A availability and a slight increase in rental rates as stability returns for the landlords and an easing of incentives becomes necessary. Furthermore, interest in second-hand and lower grade office space will also begin to find its feet as more businesses take advantage of the low cost rates.
Speculative development will remain tentative but property consultants are expressing growing confidence in the commercial property market as a whole. If you are planning an office move it is worthwhile following the advice of an experienced commercial property agents and using their expertise to your advantage by exploring your options within the commercial property market.
Help Moving Office can connect you with all the moving professionals you require in your area to assist with your office relocation.
