It’s really getting hard to find the right space and the very best deals as central London vacancy rates have hit a desperate 14 year low.
The West End has less than 3.5% availability the lowest rate for 26 years.
The City and Docklands just 5.0%.
Fortunately we negotiated early lease breaks for many of our savvy clients who are now able to capitalise on better rental value in emerging markets like Aldgate (£55 per sq ft), Shoreditch (£60), South Bank (£62.50) and Kings Cross (£75).
Where are we taking many of our new start-up clients? Lambeth, Elephant & Castle and Kennington.
Sssshhhh keep it to yourselves – we don’t want to create a stampede!
If you’re as anxious as we are about reduced vacancy and rising rents across all central markets and the impact this could have on your business, call me on 07968 191 233 for a more personal perspective on the real world benefits of transparent, objective and conflict-free tenant representation.
With all good wishes.