Office Requirements Amongst Liverpool Firms Double
Flexible space was in demand across Liverpool during 2011
The data, revealed by market leader officebroker.com as part of their quarterly research, reported a 92% increase in the number of new businesses opting for flexible office space in the city when compared to the previous year.
ItΓÇÖs believed the range of flexible terms offered by serviced office space has driven the rush of new businesses entering the market with many companies keen to avoid being tied to long term deals, a requirement that is ideally suited to the short-term licences on which serviced office space is supplied.
The data also suggests that it is small businesses that are utilising these flexible offices, with those firms securing space in Liverpool typically consisting of between four and five employees.
Another factor believed to have encouraged this rise in up-take is price, with an average cost of just ┬ú149 per month recorded in Liverpool during the last three months of 2011.
Chris Meredith, UK head of sales at officebroker.com, said the findings show a substantial increase in demand for flexible working agreements in the city.
Mr Meredith said: ΓÇ£The Liverpool market saw a surge of new entrants in 2011, with nearly twice the number of businesses opting for flexible office space as had during the previous year.
ΓÇ£The findings show that Liverpool is a place where a growing number of businesses want to work and through serviced office agreements theyΓÇÖre able to enjoy professional office space with low risk agreements ΓÇô perfect for companies that are testing the water.
ΓÇ£There is a growing desire amongst businesses in the city to find flexible agreements which offer a wide range of support services ΓÇô which are often key to new or small firms.ΓÇ¥
Where did this Appear?
Published in the Liverpool Echo 26/01/12