Pearl and Coutts: We Have Plenty of Office Space In London for 2012

The latest commercial property research shows that 2012 is set to be another year with a shortage of available office space in London. End Quote

(1888PressRelease) March 07, 2012 - SMEs are expected to be faced with the most acute problems, despite lower than average rental prices. London commercial property letting specialists Pearl and Coutts told businesses today that space is still available, despite the current squeeze in the market.

Some analysts are predicting that the demand for certain types of offices could actually outstrip supply this year, in as little as just eight months. New developments have been slow to enter the market, with the national economy blamed for creating delays in the capital's development cycle. Demand has also been higher than predicted, coming against the background of low supply in many areas. Competition for for all grades of office space is therefore likely to increase as the year unfolds,. The national media picked up on the issue back in November last year, due to the number of companies with existing leases for renewal between 2013 and 2015. In the meantime, available stock levels have not increased to accommodate them or new firms likely to be looking for commercial property at the same time - and those who are already looking now.

The lack of space is predicted to be most acute in the West End. However, Pearl and Coutts currently have a selection of offices available in Fitzrovia, Soho, Bloomsbury, Marylebone, and Covent Garden. Typical space there ranges from some 80 up to 3,000 square feet, including some prestigious period buildings. The company can also help with Holborn, Clerkenwell, Bloomsbury, Angel (Islington), Shoreditch, Whitechapel, Aldgate, Broadgate, and The City. They have available space to the east of the city, in Hackney and Bethnal Green; to the west in West Ealing; in Camden, Edmonton, and Hornsey to the north; and in Fulham, Brixton, Camberwell, Streatham and Southwark to the south. Typical space ranges from around 90 to some 19,000 square foot, capable of accommodating every type of SME plus the larger companies. As well as office space in London, Pearl and Coutts also source retail units, business parking, industrial / storage units and can even help firms find residential accommodation for their staff.

"We help you to find the right space for your real life business needs, taking the time to find out about what you do and what your priorities are. You can call us for an informal chat, and we'll quickly offer you a wide choice in diverse locations. Letting us do the hard work gives you the best match for locations and facilities fast, meaning you won't waste valuable time on unsuitable viewings."

To talk the team about renting office space in London, or for any type of commercial property enquiry, call 020 7843 3753. Their website also contains details of available properties which is constantly updated at http://www.pearl-coutts.co.uk/

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