|
The following tables indicate headline rental values on full repairing terms with no inducements reported by DVs for three types of office accommodation.
Where there is no entry the beacon type is not typical within the locality.
Type 1
Town centre location. Self contained suite over 1,000 sq.m in office block erected in last 10 years, good standard of finish with a lift and good quality fittings to common parts. Limited car parking available.
Type 2
As Type 1 but suite size in range of 150sq.m- 400sq.m.
Type 3
Converted former house usually just off town centre. Good quality conversion of Georgian/ Victorian or similar house of character. Best quality fittings throughout. Self contained suite in size range 50sq.m-150sq.m, with central
heating and limited car parking.
* denotes air conditioning
EAST OF ENGLAND |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
| Type 1 |
Type 2 |
Type 3 |
| Cambridge |
60 |
65 |
50 |
| Peterborough |
45 |
50 |
35 |
| Ipswich |
32 |
37 |
30 |
| Norwich |
50 |
55 |
30 |
| Bedford |
40 |
25 |
20 |
| Stevenage |
50 |
50 |
40 |
| Watford |
65 |
65 |
40 |
| Chelmsford |
65 |
65 |
45 |
| Colchester |
55 |
55 |
40 |
| |
EAST MIDLANDS |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Lincoln |
23 |
20 |
15 |
| Mansfield |
|
24 |
17.5 |
| Nottingham |
30 |
32 |
25 |
| Derby |
20 |
21.5 |
22.5 |
| Leicester |
30 |
30 |
25 |
| Northampton |
45 |
|
|
| |
NORTH EAST
|
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Newcastle upon Tyne |
45 |
45 |
30 |
| Northumberland (Morpeth) |
|
|
27 |
| Sunderland |
30 |
30 |
21 |
| Middlesbrough |
32 |
32 |
40 |
| Durham |
40 |
40 |
25 |
|
|
NORTH WEST/ MERSEYSIDE |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Bolton |
30 |
35 |
28 |
| Manchester |
68 |
75 |
60 |
| Oldham |
25 |
30 |
20 |
| Altrincham |
44 |
49 |
30 |
| Stockport |
32 |
37 |
|
| Blackburn |
|
17.5 |
30 |
| Lancaster |
25 |
30 |
27.5 |
| Preston |
15.5 |
18 |
27 |
| Chester |
35 |
40 |
29 |
| Wilmslow |
45 |
50 |
35 |
| Warrington |
45 |
50 |
32 |
| Wigan |
25 |
30 |
25 |
| Carlisle |
|
30 |
22.5 |
| Kendal |
33 |
25 |
22 |
| Liverpool |
40 |
45 |
35 |
| |
| SOUTH EAST |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Crawley |
80 |
85 |
|
| Brighton |
70 |
75 |
50 |
| Canterbury |
32.5 |
39 |
40 |
| Chatham Town |
38 |
43 |
27.5 |
| Tunbridge Wells |
75 |
80 |
65 |
| Guildford |
110 |
115 |
80 |
| Reigate |
80 |
85 |
65 |
| Milton Keynes |
65 |
70 |
|
| Oxford |
80 |
85 |
85 |
| Reading |
145 |
152 |
86 |
| Basingstoke |
75 |
80 |
65 |
| Portsmouth |
25 |
30 |
25 |
| Southampton |
40 |
45 |
40 |
| |
SOUTH WEST |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Bournemouth |
42 |
48 |
54 |
| Weymouth |
32 |
37 |
40 |
| Exeter |
45 |
47 |
45 |
| Barnstaple |
25 |
28 |
25 |
| Plymouth |
37.5 |
40 |
40 |
| Truro |
22.5 |
30 |
30 |
| Taunton |
32 |
36 |
30 |
| Bath |
42 |
45 |
37 |
| Bristol |
45 |
47 |
42 |
| Gloucester |
30 |
33 |
33 |
| Swindon |
65 |
70 |
54 |
| |
WALES |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Cardiff |
50 |
55 |
47 |
| Carmarthen |
|
25 |
25 |
| Merthyr Tydfil |
|
25 |
23 |
| Swansea (Enterprise Park) |
35 |
38 |
30 |
| Bangor |
|
25 |
23 |
| Newport (Gwent) |
27 |
30 |
35 |
| Wrexham |
|
28 |
26 |
| |
WEST MIDLANDS |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Birmingham (see below) |
60 |
50 |
35 |
| Coventry |
30 |
35 |
25 |
| West Bromwich |
21 |
19.5 |
16 |
| Wolverhampton |
30 |
32 |
22 |
| Lichfield |
|
35 |
30 |
| Telford |
28 |
30 |
20 |
| Hanley |
|
27.5 |
22 |
| Solihull |
60 |
55 |
30 |
| Redditch |
27.5 |
27.5 |
22 |
| |
The values for Birmingham are based on the central business district within the Inner Ring Road.
YORKSHIRE AND THE HUMBER |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Harrogate |
40 |
45 |
35 |
| York |
22.5 |
21.5 |
22 |
| Bradford |
40 |
40 |
33 |
| Huddersfield |
30 |
30 |
20 |
| Leeds |
47.5 |
50 |
35 |
| Doncaster |
20 |
20 |
15 |
| Grimsby |
22.5 |
22.5 |
20 |
| Hull |
27.5 |
22.5 |
22.5 |
| Sheffield |
22.5 |
22.5 |
17.5 |
| Wakefield (new location) |
35 |
40 |
30 |
| |
SCOTLAND |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
| Type 1 |
Type 2 |
Type 3 |
| Ayr |
30 |
30 |
25 |
| Dumfries |
30 |
|
|
| Stirling |
30 |
35 |
25 |
| Glasgow (city centre) |
65 |
70 |
45 |
| Aberdeen |
70 |
70 |
70 |
| Inverness |
|
35 |
30 |
| Edinburgh |
40 |
45 |
50 |
| Hamilton |
30 |
30 |
25 |
| Dundee |
33 |
10 |
25 |
| |
INNER LONDON |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
| Type 1 |
Type 2 |
Type 3 |
| City Fringe |
130 |
130 |
100 |
| High Holborn |
130 |
130 |
100 |
| Islington and Hackney |
130 |
130 |
100 |
| London Bridge |
110 |
110 |
75 |
| Hammersmith |
180 |
180 |
|
| Mayfair |
225 |
225 |
160 |
| City of London |
* 280 |
* 280 |
160 |
| |
OUTER LONDON |
| LOCATION |
£/m²/ann |
£/m²/ann |
£/m²/ann |
Type 1 |
Type 2 |
Type 3 |
| Romford |
70 |
75 |
55 |
| Ilford |
55 |
60 |
50 |
| Finchley Central |
90 |
77 |
70 |
| Brentford |
110 |
|
70 |
| Uxbridge |
115 |
|
|
| Croydon |
130 |
86 |
55 |
| Richmond |
* 110 |
* 120 |
85 |
| |
|