SOS > Search Office Space Adds New Business Centre in Exclusive
Knightsbridge
Released
on: December 15, 2009, 7:41 am
Author: Search
Office Space
Industry: Real
Estate
SOS
> Search Office Space expands its world class commercial real
estate database of serviced offices further with the latest addition
of a prestigious business centre in London's exclusive Knightsbridge.
The
new serviced
offices in Knightsbridge offer clients the opportunity to
do business in one of London's premier addresses. In addition,
the new business centre offers an impressive package of office
services and IT capacity that is scaled to fit business needs
of any size.
The
new business centre in Knightsbridge is in one of the most exclusive
commercial and residential parts of London. Lying to the west
of Central London, the new centre is in close proximity to Belgravia,
Chelsea, Mayfair and Hyde Park.
An
up market district, very few office space providers have managed
to gain entry in this exclusive area. Home to major national luxury
retailers such as the iconic Harrods, Harvey Nichols, and Peter
Jones, Knightsbridge is also the chosen bases of renowned international
designers such as Jimmy Choo and Manolo Blahnik. The high concentration
of top end commercial activity makes Knightsbridge an office space
market unlike any other in metropolitan London. In addition, Knightsbridge
is only one of two international centres under further development
through the London Plan. The purpose of the development proposals
under the London Plan is to build on the current economic base
and promote internationally.
The
market for Knightsbridge office rentals is among the most expensive
and attractive in the world. Being a commercial hub, the area
is in high demand not only from the residential sector but also
from the commercial sector. With such a strong demand for commercial
office space in Knightsbridge, very few firms actually succeed
in acquiring business in this market. The historically consistent
demand for Knightsbridge office rentals is largely unaffected
by high letting rates which currently average £110.79 per
square foot. This is an increase from rates of £103.46 during
September. While other high price markets around the world have
shown a decline in demand and rental rates, prices for office
space in Knightsbridge have remained relatively stable. The
new business centre is due to open in April 2009, however, serviced
office space is currently being let off plan.
Richard
Smith, SOS > Search Office Space Managing Director and founder
commented: "This new addition in Knightsbridge is ideal,
especially since the options for office space to rent are limited
in the area. I would not be surprised to see the centre opening
in April with an occupancy rate of over 95%. Knightsbridge is
a well sought after location in London, and the office solution
and rate offered by the centre is unique in the area."
About
SOS > Search Office Space:
Search Office Space was founded in 1993 by Richard Smith in order
to bring together all elements of the serviced office space market
into one convenient single point of contact, with clients having
access, at no cost, to the entire global serviced office market.
With
major offices in London, Auckland, Hong Kong, along with US headquarters
in Manhattan and offices in California, SOS > Search Office
Space is ideally placed to provide services across key UK locations,
with office
space in London, office
space in Mayfair and office
space in Kensington available, and across the world. This
global marketplace now includes all the serviced office centre
operators in the industry - creating an online marketplace that
currently represents more than 100 million square feet of serviced
office space in more than seventy five countries.
SOS
> Search Office Space PR contact:
Jonathan Weinbrenn
Search Office Space
Berkeley Square House
Berkeley Square
Mayfair
London
W1S 1HX
0800 740 8080
www.searchofficespace.com
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