Jason Hercock, associate commercial surveyor at Wells McFarlane ‒ recently named Best Property Consultancy in Leicestershire for the second year running – reports the demand for quality business space, especially smaller units, has never been higher and property owners looking to convert existing buildings into offices/studios would be assured of a good return on their investment.
“Demand for good quality, well located business premises is very high at the moment,” said Jason, who has been working with a number of city-based business seeking new premises. “And it’s fair to say that rents in regional towns and even rural areas are achieving close to the higher rents usually associated with business parks such as the Meridian in Leicester. With units from 1200 – 5000sqft proving extremely popular.”
As well as managing office/commercial premises in Lutterworth, Leicester, Hinckley and Market Harborough, Wells McFarlane also manages a number of prestigious Leicestershire business parks, including Narborough Wood, Alma Park and Desford Hall, and these locations are proving particularly appealing to the creative industries, where physical environment can positively impact on many aspects of the business.
“With only one smaller unit available across our office portfolio at the moment, we currently have a waiting list of established companies seeking relocation to west and south Leicestershire, and having let three units in the last week, we know the demand will continue to remain strong for some time to come.” Concluded Jason.
For help or advice on maximising your property’s potential or if you’re seeking to relocate or expand your business in the East Midlands contact Jason Hercock on firstname.lastname@example.org