Monthly Archives: June 2013

One of the Largest office Space Markets in UK

Manchester has a great number of serviced office spaces, making it one of the biggest regional centres in United Kingdom. Here are few highlights of the recent property assessment carried out by the global property market leader DTZ, reports that despite a drop down in office space Manchester in the first quarter of 2013, annual office take up is expected to be somewhere between  8,50,000 sq. Ft., making Manchester  the leader in commercial property, outside London.

Manchester has outperformed the other markets since its downfall and is expected to do so in 2013 also which is a reflection positive employment outlook, CBRE report says.  It even added “Beyond 2013 rents are supported by employment growth across a number of industries; information and communication, real estate, administrative and support services and professional, scientific and technical activities”.

City continues to make strides by leading the way and drawing in new businesses with its lucrative commercial property schemes, both shared and serviced office space Manchester on lease. Over the years there has been a shift in the market trend in the location and types of office spaces that companies involved in IT and Software have been considering as ideal.

There was a decrease of about 1500 (1.8%) in the number of people claiming the Jobseekers allowance in April 2013 compared to that of March 2013. However, increase has been seen in the sphere of long-term claimants (6 months +) rising to as much as 38,500. Despite all this, a recent report by the Bank of England paints a positive picture of the current economic climate for the second quarter of 2013. Total growth over the entire year is forecasted to be about 1.2%, 0.2% up by the one estimated in February.

Head of economic research at New Economy, Dr. Alexander Roy said “Manchester remains the largest commercial property market outside of London only serves to strengthen the city’s reputation and gives more substance to endorsements about the city by opinion leaders such as Sir Mervyn King.”

The uptake of commercial property appears to be at its peak this year with the expansion of co-op markets. The signs are very promising for 2013 with the evidence of significant pre-let activity which will not only replicate the last year’s numbers, but also delivers the much needed quality stock that is needed in the market place to meet the latent demand. Great news is that with the new schemes launched for Cutacre strategic site, spanning across Bolton, Salford and Wigan have created new job opportunities.

Despite the risks coming from many overseas especially from the escalation of the Eurozone crisis or unresolved matters linked to the US fiscal cliff, speedy recovery has been seen in the consumer sector. At national level, improved employment opportunities across different spheres and job security is what may reinforce the nascent consumer recovery which in turn would boost the overall economic growth and development.

Public sector is the only one office space occupying sphere that will continue to witness the decline at a steady rate in the coming years and beyond 2017, report says.

 

 

Latest Office Space Manchester News.

Manchester has become one of the preferred choices of businessmen looking forward for establishing their brand presence. Here is a quick look at some of the latest happenings in the sphere of office space Manchester.

Now days, more and more business enterprises are looking for new and innovative ways of enhancing their presence in this highly competitive world. Manchester has become the beacon for businessmen who are seeking to establish their presence in the United Kingdom.  A well-furnished office can help you boost the efficiency and productivity of your business.

With the demand for cheap office space Manchester reaching new heights, experts suggest that the northern part of the city is growing and expanding at a rapid rate. Office spaces from 800 to 18,000 sq. Ft. are available on short as well as long term agreements. As such businesses are seeking out for office space in Manchester that best matches their brand image. Distinct and highly sophisticated working environment of offices is what have tempted businesses to set up their offices in UK.

Manchester has been identified to be the third most expensive location for office spaces in United Kingdom. Prices are consistently high in Manchester; still there are great numbers of investors who are willing to invest in office space. On an average the price per workstation was 198.00 pound and the graph is still rising.  The economic and financial stability of the area is what has made it a lucrative option for setting up an office. The offices usually are fully furbished and come equipped with all the necessary amenities, providing employees a pleasant working environment.

If you look at the figures the amount of money spent by investors in commercial property in Manchester is almost 6 times of what used to be in 2010. It seems to be a busy market in 2013 as well for shared and serviced office spaces Manchester and there does not seem to be any let down in the demand of investors who are interested in either buying or renting these spaces, for a period of their choice.  The office spaces can even be extended in case of expansion of your business and in-house staff.

Different buildings have come into existence offering serviced offices in Manchester.  The Hive, located in the heart of Northern Quarter Manchester is a vibrant hub for the creative industries. The office space is a part of shared space, making it ideal for start-ups and small companies. The facilities offered include Wi-Fi access, shared kitchen, WC, parking space for your vehicles, enhanced security systems and code alarms ensuring a safe and sound working environment.

Ivy business centre has a strong reputation when it comes to offering independent, quality serviced offices and business suites in the best areas of Manchester that too at highly competitive rates. All the office spaces offered features the following facilities including internet, hardware & networking, parking facility, in-house cafeteria, PA call answering services and more.

What so ever type of office space Manchester you are looking for, either serviced or shared, you‘ll find one located near to the motorway networks and if lucky enough close to the Manchester International Airport.

 

 

 

 

Lowest priced serviced offices in Manchester

From the business point of view Manchester is considered to be an emerging business hub grabbing the attention of business men, as well as financial executives. Growing number of young and enthusiastic entrepreneurs are showing interest in renting serviced offices in Manchester. There is a plethora of good reasons of doing so, as well. There are great many remarkable features associated with the serviced offices too good to be ignored by any potential business owner.

Serviced offices Manchester prove to be quite beneficial option for small start-ups and help them gain initial presence in the market. They not only help the business men to concentrate more on ways of flourishing their business but also help keep the overhead expenditures to the lowest. Being equipped with the basic amenities like tables, internet connection, furniture, telephone lines and such, allows for quick startup and functioning of your business process.  Apart from this, they even have experienced and professionally trained receptionists for managing the myriad requirements of your clients.  All this can save you all the hassles and your valuable time pertaining finding a good office location.

Serviced offices in Manchester even help you leave a lasting impression on the minds of your clients. In a way, it helps you build up a sustainable relationship with your clients. More clients mean more popularity and more popularity in turn mean enhanced productivity. Thus, they act as a great foundation for smaller organizations. Big enterprises too can benefit themselves by opting for the leasing serviced offices and their various packages.  There are many government as well as private organizations that rather prefer serviced offices over conventional office premises due to the flexibility of the lease term, the countless benefits associated and last but not the least, the cheap rentals.

If you are on a tight budget and what you want is the very best for your business, it is best to go for rental office premises in Manchester. This way you can save yourself from the expenditure of purchasing a property which can prove to be a massive financial burden on your shoulders, in this time of economic crisis where businesses are constantly looking out for new ways to keep a tab over their expenses. Be it a short-term or long-term, you are sure to save some handsome money by opting for cheap serviced offices Manchester.

Whether it is the first time or you are shifting your existing office location to another one, finding lowest priced office space in Manchester is no more a worry. While seeking out for office spaces keep into consideration factors like your need, staff, budget and more. Once the budget has been decided you can either opt for fully-furnished or non-furnished serviced offices in Manchester.  Also, look into for the different facilities that are being offered by the provider. Before arriving at any final decision, it is mandatory to get expert advice on each & every step of the way.  Low initial cost is one of the greatest advantages of having serviced offices for those who have recently set up a new business.

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