Serviced Offices: Businesses in Hemel Hempstead Most Committed in April
Statistics by the Staffordshire based consultancy firm, who also have bases in the USA and Australia, show the average length of license being signed by new businesses entering serviced offices in the UK during April 2010 was 8 months, but in Hemel Hempstead this license length has far higher ΓÇô reaching an average of 14 months.
After recording a 20% decrease in license lengths amongst new occupants of serviced offices during 2009, the rise seen in Hemel Hempstead is part of a nationwide recovery in serviced office license lengths.
When comparing April 09 to April 10, the average length of license has risen from 6 months to 8 months and demonstrates a noticeable change in the commitment being shown by businesses in the current climate.
Another area of the market that has shown growth and provides additional evidence of rising confidence amongst business owners is the number of workstations (desks) being taken ΓÇô rising by 6% nationally during April from 3.6 to 3.9 workstations per new occupant.
Details on changes in the serviced office market are explored further in the Serviced Office Review Series by officebroker.com, providing information on a regional basis about supply, demand, take-up and workstation prices alongside license length information.