Newcastle Office Space
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If you are looking for Newcastle office space then you will be assured to know that the office rental costs of commercial real estate are a lot lower than in many other principal northern cities such as Manchester or
Leeds, with headline rents being around the £20 per sq ft mark. The city is also well served by
Newcastle Airport as well as having mainline rail links to
London.
Newcastle-upon-Tyne is one of the most vibrant cities in the UK and indeed it was voted the best city in the north in 2007 in a poll of readers of the Daily Telegraph.
Newcastle is the principal and largest city in the North East of England and as such can boast a superb array of modern and professional executive suites available to sublet/sublease. Newcastle’s office market has been one of the key drivers behind growth and commercial investment in the city.
However it has been observed that the city has historically struggled to meet demand for serviced offices and traditional offices. Part of the problem is the limitations on space as well as a high proportion of listed buildings which hinders the management of new developments. As with many cities outside of London, the greatest shortage has been in the supply of Grade “A” office space. Pre-lets are not often needed as developers can expect a selection of tenants due to the restrictions on space in the city.
Key Facts about Newcastle..
* Service sector accounts for 90% of employment
* Finance and service sector should produce growth of around 3% each year
* Over 800,000 sq m of office space
* Office take up is over 500,000 sq ft each year
Here we have outlined some of the most popular office space property locations in Newcastle…
Quayside, NE1
This business centre is ideally located on the River Tyne, in the popular Quayside area. Office space can be rented accross three floors, all with superb views of the Tyne bridge. It has an extensive range of facilities including meeting rooms, video conferencing and SKY TV.
You can rent offices on flexible terms with very attractive rates. Just 20 minutes walk from Newcastle train station or 10 mins from the local metro station.
City Road, NE1
A modern and spacious serviced office, ideally located right at the heart of Newcastle’s city centre. Just half a mile from the train station, it easily commutable from surrounding areas. The offer flexible licensing terms, meaning that you do not have to make a long term commitment.
Serviced offices in NewcastleOur list of Newcastle offices for subleasing provides a good range of the serviced office space in the area. The commercial real estate property listed allows you to make a better choice for your business. Getting the location right is everything.
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Want a traditional office?Why choose serviced offices over traditional office space? Serviced offices provide its customers with one monthly fee which includes all running costs for the office space. They will provide a reception service, access to meeting rooms and executive suites saving your business money. The smallest of companies can impress its customers with serviced offices in Newcastle .
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Newcastle – Why use us?We know the Newcastle office space area very well and have call centre staff who specialise in the area. As your serviced office enquiry comes in to us via phone or from our form, it is passed to someone that specialises in Newcastle, so that your commercial space needs are met.
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