Office space value/ sq ft ?
- Thread starter Clive
- Start date
warksfarmer
Member
In a proper industrial park with services etc £12/sqft.
Farmyard based then anything from £6/sqft upwards.
£6 sounds cheap ? Can let units for close to that
I was thinking g closer £20 for serviced offices ?
- Location
- South Molton
People work from home now, who needs office space?
warksfarmer
Member
Check rightmove commercial. If you can get £20/sqft then turn the whole yard over to offices.
Adam@Rumen
Member
- Location
- Nantwich/Rishton
What are you getting for units at the moment Clive?
it’s not all suitable for offices otherwise I would ! Mad demand for large commercial units 4.50-6 plus annual service charges, landlord 20 miles away is getting double what we can (but for smaller 1-2000sq ft units) - Serviced office space must surely be more than that
see above post
warksfarmer
Member
We shelved converting an old brick shed into commercial offices because the return was questionable against the conversion cost. Had 3 agents look at it in January and they call came to the same conclusion.
If you’ve no conversion cost and it’s ready to go you might let it but straight offices is a very small market at the moment.
If your guy actually looks around he’ll see he can get something for a lot less than your thinking. However if it one room big enough for 7 staff then you may well get £20/sqft but not for a decent large sqftage
wouldn’t bother with agents Lee, literally q‘Ing up for workshop / storage space
warksfarmer
Member
Not for office space though which is why I asked them.
Got a friend who rents an office in the estate by junction 10 M42. She pays £9.60/sqft for 1000sqft plus a communal meeting room, kitchen facilities. This includes 4 parking spaces. She’s giving it up as there’s cheaper in Atherstone and she says the buildings she’s in is now half empty.
I’ve got a bit of a captive audience with this tenant as he already has a unit here so does not want to be split site, need to be fair however
- Location
- South Molton
- Location
- Ceredigion
Plant the yard with trees and buy some slippers
- Location
- Cirencester
Office space here was £5.50 sq/ft but not sure what it is now as dont have anything to do with it since my father died. Normal building rental (shed) is still £4.50sq/ft
No shortage of demand for sheds, will be converting some over this winter.
No shortage of demand for sheds, will be converting some over this winter.
@Baldrick will have it tied up for babestation
Doing it for the kids
Member
Hi tens I’d say, mine cover all their own utilities though, try £20 and see what they say
Sure that it's "Centre"?