The Search Office Space Blog | Searchofficespace

Since the start of its double dip recession, the UK has seen a lack of business demand and a noticeable decline in property values, particularly in the London office space market. Businesses have developed a fear of expansion and risk taking, which means that the country is struggling to boost the economy again.

Statistics show that the retail property within London’s West End has been seemingly less affected by the recession, as shoppers continue to make purchases in the popular locations of Bond Street and Oxford Street.

However, since the recent wet weather that the UK has experienced, the British Retail Consortium has noted a decrease of 3.3% in sales compared with last year’s figures as a direct result of the rain.

With little opportunity to don high heels or expensive boots in the pouring rain, footwear sales have been the worst affected, and have noted their most significant decline since the start of 2008.

Having received over 120.3mm of rainfall, temperatures throughout April have been the lowest recorded in 23 years, and Stephen Robertson, Director General of BRC, says, “The wettest April since records began has put a dampener on retailers’ fortunes.”

While the general retail market has taken a hit, department stores seem to be the only ones benefitting from the wet weather. Studies show that while people are unwilling to traipse around outside shops, they are quite eager to take refuge in a department store, where they can shop and still remain dry.

If you would like more information on office space to rent in London, talk to Search Office Space now on 0800 524 4649 to discuss your requirements.

The Bank of England is due to announce that the Prudential Regulatory Authority will be headquartered at prestigious 20 Moorgate, City of London, making the move from their previous office space in Canary Wharf. The Bank has chosen this area for many reasons but particularly as it is located nearby their base on Threadneedle Street.

In an opposing move, broker JP Morgan commenced relocation early this year of 8,000 office workers from its City of London offices to Canary Wharf, putting them next to large firms such as Morgan Stanley, Citigroup, Credit Suisse, HSBC and Barclays.

There has been much contention over the advantages and disadvantages of Canary Wharf office space as opposed to the City of London and vice versa. Many large corporations have had to choose between a desire to be located in the City, and not wanting to break the bank with extremely high City rental prices, leading to the success and popularity in recent years of Canary Wharf.

While many corporations have been scornful and threatened by the popularity of Canary Wharf over that of the City, the location certainly allows businesses who couldn’t otherwise afford the high rental prices to be based in London. Moreover, the location has vastly improved within the last few years, welcoming more and more financial companies who rent office space, and providing a wealth of shops, restaurants and cafes.

Canary Wharf has therefore become a home to those businesses previously considering re-locating to other global areas, and, along with the City, has helped further establish London’s status as a global financial centre.

For information about office space to rent in the City of London, or any other global location, talk to Search Office Space now on 0800 524 4649.

US global investment banking and securities firm, Goldman Sachs, is due to take office space in the City of London as US company KPF is announced as the project’s chosen architect.

KPF were in tough competition with rivals Foster & Partner’s as well as Pei Cobb Freed on the project which will see Fleet House, BT’s telephone exchange building at 70 Farringdon Street, transformed into the European headquarters of Goldman Sachs.

Once completed, the office will span nearly 1000,000 square metres and will offer nine storeys of London serviced office space on the south side of the Holborn Viaduct.

Amidst the plans for this impressive new construction, developers are required to preserve the building’s nine ceramic murals at street level, done by ceramicist and painter Dorothy Annan. Each mural represents a form of communication technology for the building as it was once home to hundreds of telephonists, and City of London planners maintain that the murals must always be preserved.

This will not be the first London office property occupied by Goldman Sachs, who already have office space in St Paul’s as well as other areas, yet the aim for this new office space is to to bring all their London staff together.

For information on office space in the City of London, or any other global location, talk to Search Office Space now on 0800 524 4649.

Your office space environment can have a huge impact on the productivity and overall success of your business. However, energy draining equipment can lead to additional costs and increased carbon emissions. If you want to boost the efficiency of your office space, follow Search Office Space’s top 5 tips.

1. Introduce Shared Office Space
   Shared working environments can reduce overheads and offer excellent networking opportunities, all within a speedy set up time.
2. Strategic Lighting
   By using low energy light bulbs and energy efficient LED lighting, you company could save money and reduce it’s carbon footprint. It is also a good idea to choose a serviced office which benefits from floor to ceiling windows, or skylights that allow for plenty of natural light.
3. Off-Site Meeting Rooms
   Many business feel that a desired aspect of their chosen office space would be the addition of an on-site meeting or conference room. However, this is not necessarily the case – especially for small businesses. Meeting clients in a nearby cafe, restaurant or even a break-out area can prove cost effective and allow for a more informal and flexible approach.
4. Innovative Design
   When choosing a serviced office it’s important to consider the design and fit-out. Innovate features and non-traditional office space often focuses their design around energy efficiency and flexible work spaces which encourage productivity.
5. Reduce Paper Use
   Many London office space environments now rely heavily on technology rather than paper usage. For example, why write on a sheet of paper when you can use your smart phone or tablet? However, when paper is a necessity, ensure you recycle everything you can and encourage employees to do the same.

   These simple tips can help improve the efficiency of your office space with minimal disruption. Not only can efficiency encourage productivity and reduce costs, but it also makes for a happier workforce, as health in the workplace becomes increasingly important.

If your looking for office space in San Diego, California, Search Office Space recommends this award winning executive centre, due to open in July 1st 2012.

Situated in Downtown San Diego, these serviced offices for rent on West Broadway are housed within the iconic skyscraper, One America Plaza. This business address will ensure your company makes a name for itself thanks to the prestigious reputation associated with the property.

Office suites range from 100sqft to 300sqft; an ideal size for SME’s. Rates will vary between $800-$3,000 depending on size. There is still a 2 month wait, however this will give your company time to tie up any loose ends at your current office space and make a stress free move to this brand new, award winning working environment.

The executive centre is also conveniently located
next to major transit and rail links, which make commuting to and from the office quick and easy.

Office space facilities include high speed
broadband, audio visual presentation equipment, break-out areas, meeting rooms and an on-site restaurant. Those who choose to rent serviced office space at this executive centre will also benefit from first-class administrative and business support services from the professional team of on-site staff.

If you would like to view this executive centre, Search Office Space can arrange this at a time that suits you. Call us today on +1 877 208 2911 for more information and assistance.

If you’re a small business looking to rent office space in Horsham, West Sussex, Search Office Space recommends this quality business centre which has recently undergone a £50,000 renovation.

Situated within tranquil woodland, these serviced offices for rent on Langhurstwood Road, RH12, offer newly refurbished office suites priced between £350-£950. There are currently 10 workstations available for immediate occupancy.

Those who rent office space at this business centre are entitled to one hours’ free usage of the on-site conference room per week – which can accommodate 16 delegates. Office space facilities also include high speed internet access, modern furniture, kitchen facilities, and cheap telecoms packages.

The beautiful grounds surrounding the business centre make for a productive and impressive working environment. Panoramic views of Horsham and the South Downs can be seen from all office suites, along with a golf putting green, croquet lawn, barbeque area and cafe. There is also free on-site car parking for tenants and visitors/clients.

As this business centre is unbranded, tenants are encouraged to bring or design their own signage and corporate identity which can then be displayed in the office suites and reception area.

For more information on this centre or to arrange a viewing, call Search Office Space today on 0800 524 4649 and one of our dedicated consultants can ensure you move into your new office space within 24 hours!

With just 88 days to go until the London 2012 Olympic Games, London’s refurbishment and redevelopment projects are engaging the finishing touches. Westfield has recently found its second biggest tenant for the Olympic Park’s office building – the London Legacy Development Corporation who signed up last month for a 10-year lease.

Westfield are hoping that the site, One Stratford Place, will see more tenants who wish to rent office space in East London by the start of the Olympic Games.

Offering 130,000 square feet of office space to rent, One Stratford Place is nearly complete and Westfield has a strong belief that this regeneration will bring many more businesses to the area. This is the first stage of around 1.1 million square feet of planned Stratford office space to rent.

The first tenants to take up office space were bookmaker Coral who have signed up for a 15 year lease for 31,000 square feet of office space. They moved in on the 13th February, and the London Legacy Development Corporation is due to follow suit with their 20,000 square foot office space in May.

Coral has combined head office staff from three of their locations in Barking and have taken up one and a half floors within One Stratford Place, claiming that the area is already doing exceptionally well.

Head of Property at Coral, John Kerr, says, “This is not an Olympic bubble. We wanted to stay in east London and, when you look, there’s nothing much that compares to the fantastic transport links and facilities that Stratford offers.”

Having already established 1,718 betting shops, Coral have given themselves a target to open another 70 per year for the next three years. They spent roughly £3 million on their East London office space at One Stratford Place, and have transformed the reception area into a replica of one of their shops.

Westfield has plans to implement the next stages of its office scheme, and have already gone ahead with marketing 200,000 square feet of office space to rent opposite the Stratford City Holiday Inn.

John Burton, Westfield Development Director, says, “We have a number of discussions on the remaining half of the building and I would be surprised if we haven’t nailed the rest of that by the games. During the games the British Olympic Association will be in there and a number of other businesses are taking short-term space, so we’re actually in pretty good shape.”

For further information on how to rent office space in East London, or any other global location, talk to Search Office Space now on 0800 524 4649 to discuss your requirements.

If you’re a small company looking for flexible office space in Paris, this could be the solution for you! Situated only 5 minutes away from the famous Champs-Elysées, this shared office space on rue de Commandant Riviere can be rented from £1,200-£1,500 per month.

The office suite is 14 square meters in size, and
shared with an international consulting firm – which could lead to possible joint ventures and networking opportunities.

Office space facilities include faxing, photocopying,
WiFi and conference room suitable for around 8 delegates. Those who choose to rent shared office space here also benefit from quality furniture, storage areas, 24 hour access and free coffee!

This top location is sure to be a highly sought after
office space solution, so make sure you contact
Search Office Space today to avoid disappointment.
Our consultants are on hand to help you find the perfect Paris office space with our free and impartial, expert advice. Call today on 0800 5254 4649.

If you’re looking for office space in Alloa, Scotland, Search Office Space recommends this outstanding business centre set amidst 20 acres of beautiful woodland.

These serviced offices for rent in Inglewood House, Alloa, provide flexible options for individual professionals or small businesses. It is also an ideal business address for companies specialising in the retail or leisure trade, as Alloa has become a prime business spot for such establishments.

Inglewood House business centre provides 12,000sqft of flexible office space for rent over two floors. Office suites range from 574sqft to 4,000sqft – each benefitting from quality fit-outs with unique designs.

Office space facilities include extensive meeting and conference room options, central heating, furniture, recycling and kitchen facilities along with administrative and maintenance support from a team on dedicated and professional on-site staff.

Those who rent office space here also benefit from convenient access to local transport systems, including Clackmannanshire Bridge, along with CCTV security and parking spaces provided for tenants and visitors.

To find out more about this beautiful business centre, or to arrange a viewing, call Search Office Space today on 0800 524 4649 to discuss your requirements.

If you’re looking for flexible serviced office space or virtual office space in Sydney, this could be the perfect solution for your business.

Whether you are an entrepreneur, start-up company, SME or corporate company looking to expand, these serviced offices for rent on Pacific Highway, Sydney, may prove to be the ideal location for a company which doesn’t want to be tied down.

At the Crows Nest Business Centre, you have the option of renting serviced or virtual office space by the hour, day, week or year – it’s total flexibility when you need it most! Office suite rates range from £450 to £1,300 depending on size, which can be anywhere between 8 sqm and 20 sqm depending on your businesses’ specific needs.

Located close by to Sydney’s Central Business District, these stylish executive offices offer the latest in technology infrastructure along with top facilities such as hot desking options, break-out areas, meeting and conference rooms and comfort cooling throughout.

Those who rent office space at the Crows Nest also benefit from recycling facilities, DDI, mail forwarding, high speed internet access and CCTV security.

There are currently 13 workstations available for rent, so to avoid disappointment, call Search Office Space today on +1 800 613 499.