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Low Flying From Paris to London

January 26th, 2010 CheapFlatsInLondon No comments

The Eurostar train is a travel experience. It whisks you in supreme comfort and near silence from the heart of Paris to the heart of London in a shade over two and a half hours. In November 2007, it will be even faster. Read on to discover the pleasures of 21st century European rail travel.
Following lunch at a little bistro in Paris and a leisurely stroll along the Seine, we arrived at Gare Du Nord for the late afternoon train to London. It is advisable to arrive an hour before departure, even though check in time is usually only 10 minutes. The check in and departure lounge are on the first floor, and once through customs, you take your boarding pass and all luggage, to the train. If your carriage is at the front of the 400 metre train, you may need to take a trolley.
Exactly on time, and without announcement or clamour, Eurostar glides slowly out of its Gare Du Nord platform and gently gathers speed for its 495 km journey north to London. The train soon reaches its maximum 300km/hour as the flat French countryside and Charles de Gaulle airport flash by. Strangely, there is no real perception of speed. More a feeling of serenity, quietness and isolation from the outside world. Vehicles on the high speed motorway alongside the line appear to be almost motionless.
We asked the conductor whether Eurostar is more popular than the airlines. “The key reason why people choose Eurostar over the airlines is that it is quicker city centre to city centre even though flight time is around 50 minutes. The big problem with airlines is check in time, traveling time between the airport and the city and waiting at the carousel for your luggage,” he said.
He was too courteous to mention weather delays for airlines and that Eurostar carries more passengers between Paris and London than all airlines combined. Overall airline traveling time from city centre to city centre is close to 4 hours.
Approaching Lille, it was time for an early dinner. “Would madame and monsieur care for an aperitif?” We certainly would thank you. Outside, the sun is still illuminating a mid spring afternoon as the flat countryside of northern France flashes by. The menus arrive. For our main course we chose chicken breast in herb salad. It was fresh and delicious, complemented particularly well with a “fresh, crisp, dry” chardonnay.
The young woman at the next table has no time for the views. She’s working on a business report to present to a meeting when she returns to London. She took time off from her laptop to enjoy the meal and coffee. We engaged her in polite conversation and discovered that she makes the London to Paris round trip twice a month. “It is convenient and easy,” she said. “I have 2 solid hours each way to go through business plans and within 10 minutes of arrival at Gare Du Nord, I am in my client’s office. I also don’t have to worry about meals.”
We are impressed with the quality and speed of the service as we approach Calais and the 50 km Channel Tunnel. Farmhouses are silhouetted in the late afternoon sun as our wine is replenished and apricot tartlet arrives. Instant blackness heralds our 20 minute ride under the English Channel.
The high speed run continues well into England and then the train slows. Time to appreciate the hedgerows, tiny villages and pretty rolling countryside of south east England. The head chef points out the infrastructure for the new high speed line north of the Thames as he pours our second cup of coffee. “In November 2007, we will have a new London terminal at St Pancras”, he said. “It will be 300 km/hour all the way and our journey time will be reduced to 2 hours 15 minutes.”
I asked him how the catering staff will handle the reduced times. “That will be our biggest challenge, we will just have to speed up things,” he replied, with a look of resignation.
Our business friend overheard this conversation and as we approached London in the gathering dusk, summed up the dilemma of the catering staff. “They’ll be busier than a one legged tap dancer”. she laughed.
I wish them luck!
Leaving the train at Waterloo, we reflected on the journey. My wife was impressed with how easy, seamless and quick it was. I appreciated the courtesy and efficiency of the catering staff and how the train appeared to waft along in near silence without any real impression of speed. The spacious reclining seats provided a high degree of comfort. Above all, we loved the hassle free convenience. Within minutes of arriving at Waterloo, we were on a tube train heading for our accommodation in Bayswater.
It was no surprise to discover that Eurostar has won the title of “World’s leading rail service” for the last 8 years at the annual World Travel Awards.
Booking is essential on Eurostar and to save money, purchase your ticket before you leave for Europe. A number of ticket options are available for first and second class passengers. Visit the links below for the fare structure most suitable to your needs. Premium first class tickets include a complimentary meal served at your table. A buffet service is provided for other passengers.

Serviced Apartments in London – the Perfect Solution for the Corporate Traveller

January 26th, 2010 CheapFlatsInLondon No comments

Do you ever come to London working on project assignments? Or do you send teams of staff to the UK for training etc? Are you often looking for a cost-effective accommodation solution? You may find that renting a centrally located serviced apartment will be the best idea to consider.

Serviced apartments are usually located just a short distance away from the London underground, as well as the many restaurants, bars and nightlife of the city. Serviced accommodation offers the best of both worlds – most serviced apartments are larger than the average hotel room and they all have a separate kitchen and bathroom. In your apartment, you will have plenty of space to work and entertain friends or clients. Most serviced apartments offer broadband internet access for occupants. You will be able to enjoy hotel services such as cleaning whilst enjoying the privacy and freedom of your own apartment, your own base in London. Most serviced apartments are available from one night upwards.

Just off London’s famous Trafalgar Square you can enjoy staying at Citadines which has a large breakfast area where you can enjoy coffee and croissants in the morning. Embankment and Charing Cross stations are close by. You will be near the West End of London with Regent Street and Piccadilly just 15 minutes walk away. You will be able to enjoy walking down the busy bustling streets and browsing in the shops and take in a West End theatre show, being just steps away from theatreland where you can enjoy London’s vibrant nightlife.

The contemporary accommodation available is superb, much of which nestles behind the magnificent traditional facades of old Victorian buildings in areas such as Knightsbridge, South Kensington and Clerkenwell.

For the corporate traveller, London has a lot to offer. See www.gocityapartments.com  for details of over 1,000 London serviced apartments from budget studios to luxury penthouses.

 

 

 

London vacation rentals: a new way to travel abroad

January 26th, 2010 CheapFlatsInLondon No comments

However, there is nothing like visiting London and being able to rent a house or an apartment for your stay, which will afford much more space and privacy than a traditional London hotel room ever would. The ultimate decision of which type of London accommodation you want is going to be up to you in the end, but you should at least explore your options before you commit to one type of London rentals over another. London vacation rentals aren’t always more expensive than hotel rooms. Depending on where you want to stay and the size of the rental that you choose, you can even sometimes get better deals on London rentals than you would on hotels. For people who have a budget in mind for their trip, this can be a great thing to know. After all, not everyone can afford to pay top dollar for London rentals just because they are nicer than the hotel rooms. If you take the time to check around, you’ll realize that you can afford different accommodations and possibly even better rentals than you might have thought. Impersonal automated travel services are great for finding deals, but you should check with a qualified agent to see what kind of deals you could get on rentals that aren’t the typical London hotels. If you aren’t shopping on a budget necessarily, and are just looking for the best London vacation rentals that you can find, getting a house, condo, or flat for your stay can often offer a much better experience. Many of the homes and rentals in London even come complete with maid services, food delivery, and the same amenities as any hotel suite would offer. However, some London vacation rentals will be self-service, meaning that you’ll need to cook, clean, and do laundry for yourself during your stay. Choosing which of these options works best will depend on your needs. Some people prefer the no-frills nature of having people to clean up and take care of them on their vacation, while others don’t mind having London rentals that they take care of on their own. There is so much to see and do in London that there’s a good chance that you won’t spend a lot of time in your rental or hotel room. Therefore, you should find a nice place to stay, but don’t rent something that is so lavish that you would never want to leave. If you’re going to London and don’t plan on going out a lot, of course, you could get a lavish room to enjoy relaxing in for the week or two weeks that you’re there. That’s another thing to consider when it comes to London vacation rentals. How long you are staying might dictate which types of London hotels or rentals are right for you. For example, if you stay for less than a week, a hotel room might be more suiting, whereas if you stay for longer than a week or up to a month, you might find a flat, condo, or house rental to be more suiting to your needs. It all comes down to figuring out what you want and need, based on what’s available and what you can afford.

London Apartments: Everything You Need To Know About Choosing A Serviced London Apartments

January 24th, 2010 CheapFlatsInLondon No comments

A few weeks ago a secretary telephoned me in absolute desperation. She was desperately searching for accommodation in central London for some VIPs from abroad. She stumbled onto my website, not really understanding what the service was about. I think the words ‘free service’, ‘apartments’ just helped her to figure out that Quality London Apartments had something to do with accommodation. Apologies for my long opening, but it is a prime example of how little travelers in the UK and Europe know about the serviced apartment industry. After explaining the concept of serviced apartments and helping her find an apartment, I realized that I needed to share this knowledge further afield. Thus, this article is my contribution to open up this elusive industry and offer tips to travelers.
What is a serviced apartment?
A serviced apartment is a flat in a block, which has a separate bedroom, sitting room/lounge, fully equipped kitchen, your own private keys to own door. Serviced apartments can be in the form of a studio flat (all in one room with a kitchenette), one, two or three bedrooms.
All apartments enjoy maid service, utilities and a management team to help….just like a hotel. Guests only pay for a nightly rate and can live in a flat with everything they would have in their own home.
Pros: Serviced London Apartment vs Hotels
 More value for money and cheaper. In a hotel, no matter which star rating, you pay per night for one room which will have a TV, bathroom, sofa and a bed. This is similar to a studio apartment! In an apartment there is a separate bedroom, kitchen, sitting room, bathroom and dining table (exception is studio)
 Pay per apartment and not per person. An example would be paying £250 per night for a two bedroom apartment, which could accommodate up to 4 people, that works out at £62.50 per person.
 Freedom and privacy. An apartment is like being in your own home and there is plenty of space. You have your own keys to your own door.
 Booking is easy, just like hotels. The majority of apartments require a credit card to guarantee, pre-payment before you arrive and that’s it. No deposits, no tenants’ contracts.
Cons: Serviced London Apartment vs Hotels
 Apartments lacks the buzz and services of a hotel such as restaurants and Room Service. Albeit some apartments are owned by hotels and offer you the use of their restaurants and other services.
 No 24-hour service around the clock. The apartments are ran by a small team who work Monday to Friday 9:00am – 6:00pm, so you are on your own during the weekend. There are emergency numbers to call should you suffer an electric cut, but no 24-hours hotel Duty Manager to run to your room.
 No pool, massages, saunas like hotels
What to look out for when booking a serviced London apartment?
1. Quality of the apartment – make sure you find out if they are clean, well furnished and well maintained. How? Check the photos, and ask if you can book an appointment to view the apartment. This is very important if you are staying over a long period of time.
2. Do they have a friendly and efficient management team? If you need the comfort of a welcoming face to greet you on arrival, then ask for an apartment with a reception. Some apartments provide key boxes, so you can arrive any time, but there is no-one to meet you. A friendly and small team will be able to give you a very personal touch.
3. Opening time of the apartments office – doesn’t sound important? Well it is because the majority of apartments’ operations team open Monday to Friday 9:00am to 6:00pm. If you arrive at your apartment during office open hours, then fine, but any other time and weekends will mean that you will need to pick up the keys from a different location.
4. Key delivery by car at the airport? – If you are flying from abroad to London, and do not fancy traipsing throughout London at night to pick up keys, the majority of apartments will hire a taxi to deliver your keys to the airport upon your arrival. Convenient for a small charge.
5. Payment procedure and cancellation policy – every apartment vary in their guest terms and conditions. All will accept a credit card as a guarantee of reservation, some will ask for 100% pre-payment at least 7 days prior to arrival and cancellation can range from 12:00pm on the day of arrival to 28 days. So, before you confirm the reservation, be very clear about the terms and conditions. Ask your apartment agents to explain the procedure to you and read the terms and conditions on your confirmation emails. It will save you a great deal of trouble and headache later.
6. Apartments are always allocated on arrival. This policy is the same as any hotel, so unless you are a regular guest to a specific apartment, apartments are on allocations. In the same breath, some apartments only have a small number of flats, so if you are reserving the only 3 bedrooms penthouse in their collection, then you are guaranteed that specific apartment.
7. Rates become more competitive the longer you stay. In this, we mean you have more bargaining power if you are staying for one month or longer. This is when your apartment agent can really help you by negotiating with a variety of apartments to get you the best deal.
8. Using an apartment agent will also save you time searching, but most importantly they will work with your budget and negotiate a great deal for you. Of course, you also need to be realistic about what you can book, don’t expect to spend £80 per night for a luxury apartment. For example, one of our clients had £300 budget per night for a two bedroom apartment and he wanted something luxury. For those readers who know London well, also understands that this budget is actually very small. Despite that, we booked him and 3 friends into the Victoria Park Plaza luxury apartment (£150 per night less than the usual price) for £300 per night with free breakfast, gym and access to the executive lounge. Any apartment agent worth their salt can and will move mountains to help you.
What if I don’t like the apartment when I get there?
If you really feel that you have been hard done by, tell the apartment management team and ask to be moved to another apartment. All of the apartments that we work with are very customer focussed and try to help guests enjoy their stay. If this does not work, talk to your apartment agent, if that is how you booked. Best advice though, is to ask all the right questions before you book an apartment.
Your appetite for apartments is now whetted – how do you find London apartments?
1. As already explained, you can choose a free search and book service of an apartment agent or go direct to a specific apartment that you know. Both methods are absolutely fine, dependent of your knowledge of London apartments. Using an agent will mean that they will search far across their portfolio and present you with a variety of choices…all within 10-15 minutes. Agents are impartial and will only (good agents anyway) recommend the quality apartments for your needs.
2. You can use search engines like Google, Yahoo and MSN to find apartments. Type in keywords like ‘London serviced apartments’ or ‘quality London apartments’ and so on.
3. Stating the obvious but, ask for a recommendation from friends and acquaintances.
4. Check on Tripadvisor and other customer review websites.
Summary
If you have read this far, then thank you for your time. I have tried to make this article clear and as helpful as possible, but I welcome your comments and any further information that you feel is very important.

Renting a Flat with a Stranger? How to be the Perfect Flat-Mate

January 23rd, 2010 CheapFlatsInLondon No comments

Sharing a flat in London can be stressful, but if you are conscientious by cleaning one in a while and don’t steal your flat-mates food you’re well on your way to being the perfect flat-mate.We’ve all heard stories of the trials and tribulations of the shared flat in London.  Living with other people you don’t know from Adam can be difficult. At your interview your new flat-mates seemed great.  They seemed polite, interesting, and genuinely nice people. But when you are forced to see these people every day it can be a very different story.  The same two problems always seem to crop up.Nobody likes doing the dishes and no matter how long you stare at them they will not be cleaned by themselves.  It is your responsibility to clean your dishes. If you come back from work and notice that they have been cleaned, rest assured that one of your flat-mates is lying on their bed counting to ten trying to resist the urge to suffocate you in your sleep. For the sake of world peace and your own personal safety clean up after yourself.  Although you might believe that your flat-mate is a clean-freak , don’t kid yourself into thinking you can give them a dose of tough-love. They will not become a happier more rounded individual if you don’t clean. They’ll just hate you. The reality is that you’re probably very messy. I promise taking a few minutes to clean is worth it for communal harmony.Most people are nice but the human being has evolved so that if it doesn’t eat then certain survival instincts will kick in. Don’t ever steal your flat-mates food. Don’t fool yourself into thinking you’ll replace it and that they won’t even notice, you won’t and they will. Bread and milk will always be contentious issue in any flat in London. A cup of tea and a slice of toast in the morning is our god-given right as Brits. Don’t take that away from your flat-mates. When you finish the bread or the milk, go and buy another one. Feel free to set up a milk and bread and if it doesn’t work out you’re more than entitled to ‘have words’.The financial cost of renting a flat in London.Renting a flat in London can be stressful enough, so make yours and your flat-mates life that little bit less stressful by being the perfect flat-mate.  Just be clean and don’t steal. It’s not that hard.

Find the best rental flat at London

January 20th, 2010 CheapFlatsInLondon No comments

This article is based on the rent available inside London, England. So read out the article and find out how to take a rent flat or apartment for both long term and short term in a low cost. If you are very new to London, then the best thing to get a flat for rent is through internet. From internet you can find all the details such as about the flat, areas, location and a rough idea about the price. From online you can find all areas of England through map. The map indicates the flats available for rent in London in different location with different price. You can select the area that you are searching for. Now you are just away from a click, so once you click on the area indicating through map, it shows you the details about the location, availability of flats in that location, facilities that it provides. And one more thing, from online you can find the contact numbers of the real estate agent from the same location, So that you can directly contact to them for the details about the pricing range and the types flat or apartment available in that area.

In London there are lots of flats available for rent. The price differs from flat to flat for its more facilities. You can choose a perfect one that suits your budget as well as it should full fill your wish. In London there are some few terms available the flats, such as less period or long period or for a few days. It varies from one night to as long as you want, but the minimum duration of renting a flat is one night at every where in London. So do not get cheated from anyone, be smart, take a right decision while taking a rent flat at London. The better thing to save your time is that go through internet and take a list of contact numbers of the land lords or the agents, to whom you can directly contact for the flat that you are going to rent it out. Compare the price with different agents from same location then it will be easy for you to bargain with them. After that you can visit the place and have look after the facilities that are available surrounding to that area. The main thing is to take care is that the facilities needed for daily life or for emergency such as hospitals, food items, play grounds, internet and lots more should be there by a close distance.

 

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Renovation London is Turning Into a Profitable Business

November 22nd, 2009 CheapFlatsInLondon No comments

An important settlement for over two thousand years, London is today one of the world’s top business, financial and cultural centers, influencing politics, fashion, economy and much more worldwide. In a constantly expanding metropolis building and renovating houses is a key issue. Renovation London is a common solution for those who want to improve old buildings instead of constructing new ones. Refurbishment London is a widespread process which offers solutions too many construction related problems.

Renovation is the process of restoring a building or making certain improvements. As a consequence, the value of the structure increases. In most of the cases, the renovation of some buildings is mandatory as they are on the verge of falling apart. However, in other situations, the renovation London is simply a process meant to bring a material profit to an individual or company or to improve the structure’s aesthetics. Whatever the case, renovation is an essential practice in an ever-growing property market like London.

The process of renovation London is rather complex and usually consists in several well-established steps. The first and probably most important step in any renovation procedure is the planning. In order to have a successful renovation you must first discuss what you have in mind with a professional and come up with convenient solutions together. The second stage is the engineering when a professional lays out all of the technical details of the previously established plan. Demolition is the next phase and the first practical one. After the destruction of several elements of the building, or even of a large part of the construction, the so-called structural repair process is about to commence. In this phase, the constructors take measurements, replace old elements and make adjustments or repairs so that the building comes one step closer to the initial concept. Finally, the final touch represents the making of the details and is the last step in a successful renovation process.

Sometimes a major renovation procedure is not required for a certain item. In these cases a refurbishment process is the way to go for the citizens in London who plan on performing major maintenance or minor repair works. Refurbishment London is very popular nowadays, especially with antiques, furniture and collectors automobiles. Usually, if a building is being refurbished, it becomes a renovation. The two main types of renovation are residential and commercial. The latter can also be divided into two categories: large and small scale refurbishment, depending on the extent of the construction work required.

Refurbishment London can be very profitable for homeowners. Renovating the old-fashioned kitchens, fixing up the bathrooms, working on the carpentry or plumbing can end up being a good investment. In the vast majority of cases clients that benefit from a professional refurbishment in London benefit from a bigger return than ever before. The expenditures made by homeowners are recuperated in the form of higher prices when reselling. Nowadays renovations in London are not regarded as expenditures as much as they are investments. When renovating a building its value automatically rises, usually covering at least the building costs. Although it is a profitable business, most people turn to refurbishments for the pleasure of it, not to make money. Whether it’s painting or decorating, plumbing or heating, extensions or loft conversions, the best reason for a remodel is always to become more appealing to the eye.

The private construction sector is extremely well-developed in the capital of the United Kingdom. Renovation London represents a significant part of the construction work as more and more people wish to improve their home environment. Refurbishment London can also be a profitable affair if you ask for step-by-step professional guidance.

In a Constantly Evolving City, Builders West London Play a Very Important Part

November 16th, 2009 CheapFlatsInLondon No comments

London is one of the most thriving property markets in the world and expectations are that it will evolve dramatically over the next decade. London Builders have their hands full with providing housing and commercial venues for people who want to enjoy the excitement of the metropolis. Some people however prefer quiet and peaceful surroundings. Builders west London are ready to make their suburban dreams come true, as west London offers beautiful residential neighborhoods and a lively economical setting.

In a big city like London it is impossible not to find a place that resembles your dream neighborhood. For those who love the buzz of the metropolis, property in central London is the way to go. When living in the middle of it all excitement is right around the corner, whether it’s a restaurant or a museum, it is impossible to feel bored. Living in the centre is a great opportunity if you are interested in the city’s cultural life. On the other hand, if you want to enjoy peace and quiet in London, the suburban area is what you are looking for. The suburbs of London are ideal for families with children and still keep you in touch with the large urban area without being crowded. Whether it’s one or the other you prefer, London builders will be more than happy to give you the assistance you need.

When considering building in London, whether a commercial or a residential construction, it is important you first do your homework. Any of the London builders will tell you that construction is a feat of multitasking and planning is the first step for a successful execution. The builder must first take care of the design and execution of the infrastructure. It is important that he makes thorough scheduling and budgeting while also taking into consideration the environmental impact, the construction site safety, the availability of the materials and any other inconveniences that may occur. The constructor must also designate a supervising team including a project manager, architect and design engineer. Although most of the planning is done in an office, every construction requires a large number of laborers to complete the physical task. Make sure you discuss the number of laborers with the project manager before getting started and remember that the more workers, the faster the job is completed.

West London is probably one of the best locations for building, as the terrain is mostly flat, except the northern edges. The builders west London take advantage of it to the fullest and have an important contribution to the transforming of this part of London in one of the most beautifully developed. West London can be divided into inner west London and outer west London. The inner side is close to central London and includes the fashionable residential area of Notting Hill and the renowned antique market at Portobello Road. In some cases, Kensington and Chelsea are considered part of central London instead of the western side and they represent the most expensive residential areas in the United Kingdom. Many of the construction works of the builders in west London take place in the London Borough of Hammersmith and Fulham, which is a high-density residential and commercial area. Outer west London has a more reduced population density, typical for a suburban area. This part of London includes the Cheswick and Richmond districts, the latter being very popular with the tourists in the summer. Moving westwards you find Brentford, a popular area for offices and business venues and the popular residential area of Ealing. According to property experts now is the time to build in the west London area, especially Notting Hill, so many builders in west London are prepared to inform you on London’s construction hot-spots.

With the upcoming Olympic Games in 2012 and increasing real-estate investments in London, there’s no wonder why the city is expected to evolve dramatically. London Builders are prepared to evolve with the city, coming up with new solutions for possible problems. Builders west London will especially profit from recent developments as the western side of the capital is one of the most popular residential and commercial areas today.

London property rental prices remain stable

November 5th, 2009 CheapFlatsInLondon No comments

James Davis, founder of online property rental site, www.upad.co.uk, disagrees with reports that London property rental prices have decreased by 15 percent over the last year.

Davis comments: “Over recent months, the city has seen a vast increase in the number of accidental landlords, due to the fact that they have been unable to sell their property. And the rules of supply and demand apply, meaning that property rental prices have levelled off. Overall I do not believe they are falling – there remains plenty of potential for many to make long-term gains.

Davis considers that the UK (primarily London) is already seeing a shift towards a more European model of renting. As recently published in the English Housing 2007-8 report, 32% of people under 30 were buying with a mortgage against 45% who were renting. In 2001, those figures were 40% who purchased with a mortgage and who 33% rented.

Davis comments: “For Landlords wishing to increase portfolio, they should note that yields are much higher today than they were 12 months ago.

“Interest rates are at an all time low, which presents a real opportunity for residential property investors. They just need to get their proposition right, and to target the market effectively. However, it is important to remember that property is a long-term investment game – don’t go into it expecting to get rich quick.”

-Ends-

Notes to editors

upad’s website deploys bespoke state-of-the-art technology to overcome issues identified by renters such as out-of-date information and poor online experiences.  In particular upad enables online searches that are interactive and intuitive to produce relevant properties.

With over 82,000 rental properties available in London, upad will continue to add to this portfolio in order to offer the largest choice of homes to rent in the capital.  The service will be rolled out across other major UK cities in the next few months.

Free to renters, upad costs landlords £59 per listing.

For further information and interviews, please contact:

Katrina Suppiah/Kate Alexander, Publicité

Tel: + 44 (0)20 8543 6582/+44 (0)20 8543 8481/+44 (0)7809 028711

Email: k.suppiah@publicite.co.uk/k.alexander@publicite.co.uk

How To Find Commercial Property For Your Business In London

October 30th, 2009 CheapFlatsInLondon No comments

Moving a business to London or managing office moves across the capital can be daunting. With thousands of available properties, it is essential a business can conduct an efficient office move.
London remains a magnet for businesses of all sizes. Serviced by five airports, including Heathrow and its new Terminal 5 and the latest European rail connections, it is still favoured by major corporations.
Knight Frank’s most recent survey of commercial property activity within the M25 revealed 72 per cent of property take-up was in out-of-town developments, with budget office moves enjoying units one-third greater than town centre lettings.
There has also been a marked interest in the West End, which remains popular with the developing media industries. Investment has more than doubled during the first three months of this year, compared with the final quarter of 2007. Property group, Frank Knight, has revealed £1.15 billion was spent on commercial property in the West End since January.
Media reports have recently noted a decline in commercial property markets. However, for companies planning office relocations there is much good news. With a number of commercial properties nearing completion, vacancy rates have risen to 6.2 per cent and there is 13.7 million sq ft of commercial property available across Central London. Added to this, the ongoing credit crunch has contributed to lower rental prices in the City, which now average £60 per sq ft reduced from £63.50 per sq ft.
Managing office moves can be made easier by first considering your firm’s needs and the cost of moving – will it involve a new IT system and office design, or can the cost of office refurbishment be limited by continuing to use current equipment?
London’s skyline is filling with high-profile commercial property, although it is equally likely when moving offices firms will find themselves in renovated or refurbished buildings.
In the next 12 months, 15 separate refurbishment projects are set to be completed within the boundary of the M25 adding a further 833,789 sq ft of accommodation.
Successfully relocating in the capital and ensuring an efficient office move can be better achieved with expert help. Employing the services of a relocation advisor that maintains its loyalty to your business and not the building would be an excellent start.
Whatever the reason for your relocation, its effect on staff is likely to be considerable. Estate agents, Savills, in its recent study, What Workers Want and What this Means for Property, revealed the importance employees place on quality offices. It found 82 per cent of respondents said immediate workspace conditions, such as comfort of work area and lighting, were most important.
Firms planning corporate relocations will have many properties to choose from. By recruiting the help of experts in managing office moves, they increase the chance of getting office moves right and minimise disruption to their business.
For interviews, quotes, images or comments contact:
Shivani Gurtu-Louth
Devono Operations Manager
Tel(DDI): +44 (0)20 7096 9911
E-mail: sg@devono.com
Website: http://www.devono.com
Resources:
Market rent guide – http://www.devono.com/Market-Rent-Guide/
Office Space Calculator – http://www.devono.com/Office-Space-Calculator/
Industry News – http://www.devono.com/News/