Finding office space in Mayfair
by: Shivani Gurtu-Louth | Total views: 4 | Word Count: 365 | View PDF | Print View
Mayfair has attracted droves of hedge-fund managers may come as a surprise to some, yet Mayfair and its neighbour, St. James, are reeling in the super-wealthy at a rate of knots. The spending power of those who come to work here is highlighted by the amount of select fashion boutiques and expensive restaurants that have followed suit and settled in the area. These establishments add testament to the fact that Mayfair has transformed from an enclave for the gentry into a booming hub of new money, creating another focal point to London’s financial power.
As well as housing the enormous, sprawling corporations in period-style offices, Mayfair also has room for smaller businesses. Demand for small offices has increased in recent years, with up-and-coming businesses hoping to capitalise on the associated prestige that accompanies premises with a Mayfair address. According to the Guardian, small office rentals have accounted for around 40% of all leases within the last twelve months. However, Mayfair still retains the highest rentals in the capital, although – in the right circumstances – they can be procured for reasonable rates.
With its impressive location and the first-class amenities that serve it, it’s small wonder that Mayfair is one of the most desirable commercial area in London. However, despite the often formidable price-tag that accompanies the post-code, it is possible to find office space in Mayfair at reasonable prices. To do this, companies are best advised to procure the services of a commercial property estate agent. When it comes to finding offices in Mayfair, an agent of this kind can use their industry contacts to source up-coming offices and have you at the front of the queue to see them.
Given their desirability, offices in Mayfair can be hard to come by; companies often don’t want to let them go or the competition can be so fierce that they can be vacant and then leased in the blink of an eye. Letting your agent know your intentions as soon as you can gives them time to do the detective work that is part of their job and uncover prestigious offices in Mayfair on your behalf – and at the right price.
About the Author
Shivani Gurtu-Louth - Operations Manager of Devono Property Limited. Devono are the only commercial property agents in London to exclusively represent tenants looking for office space in Mayfair and commercial property in London to rent. Our aim is to secure the best commercial property at the best price.
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
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