New research has proved how the rent ranges regarding Birmingham office space have dropped for the fifth continuous 365 days.
Researches by the midlands office market report demonstrate that rents regarding serviced offices in Birmingham city centre have dropped by nearly 20% in the past 4 years showing a dismal market place.
Leading city centre office space premiums have fallen close to £27.50 per square feet in comparison to in 2007, whenever local rental leases were around £32.50 a square feet.
Outside the Birmingham city centre the leases have also tumbled 13% from an average of £19.50 per square feet. This is in stark contrast with other parts over the United Kingdom just like Leicester, Northampton and Bristol office space which record rental balance or even boost.
Therefore as cost drop and demand overtakes supply, be sure you hunt for excellent office space together with the consultants at Official Space. They have got more than 6,000 places of work across the United Kingdom so regardless of whether you need an office space inside the north, south; east or west, get in touch with the professionals right away. And don’t worry about leasing expenses given that they have a vast selection of properties listed to match all budgets and needs.