Northern Ireland’s Lack Of Office Space
A report into the commercial property market in Northern Ireland has revealed that there is a shortage of office development in the centre of Belfast which could create a lack of Grade A space.
There is a high level of retail properties vacant in many towns and many have at least one in five shops lying empty.
Local authorities have urged people to reduce the office rates to stop the increasing number of town centre shops going unfilled. In Belfast city centre alone it has over one million square ft. unoccupied but the price as remained the same for the past 20 years.
Experts claim that a reduction in corporation tax would place Northern Ireland on a much stronger footing. However, floor sizes in available office space need to be expanded to attract large corporations.
City centre office space across the country including Manchester office space will also be hard-to-come by but that is where Official Space can help.
They have quality offices available to rent up and down the UK such as Leeds office space and in Belfast. And the flexible offices can accommodate anything from one to 500 persons so whatever your office needs, they have it covered.
The report claims that the government has a dominant position in the Belfast office market and that the shortage of development will impact vital inward investments.
Despite this, Official Space has tens of thousands of offices to rent including Sheffield office space and they can find you a good one without the hassle of pacing the high street. They have all the contacts you need to find the perfect office space for your business so arrange a viewing today with the friendly specialists.
Official Space offers the complete and full office letting service, so if your trade needs a space in Belfast or elsewhere, contact them today.