Cost of prime office rents in the United Kingdom 2019, by city

As of June 2019, the cost per square foot for prime office real estate (excluding London) in the United Kingdom (UK) fluctuated from 13 British pounds in Middlesborough to 38 British pounds (GBP) in Reading. Reading's proximity and ease of access via rail lines to London are two reasons behind its high cost of rent.

Cost of grade A office rents in the United Kingdom (UK) as of June 2019, by city*

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Source

Release date

2019

Region

United Kingdom

Survey time period

June 2019

Supplementary notes

The source added the following information "Figures shown are estimates of achievable open market rents (£ per sq ft) for each location as at June 2019, assuming normal incentives. Rents apply to units of 10,000 sq ft (929 sq m) taken for a 10 year term certain. Units stand in a prime office location. Prime rents apply to new units.

* Excluding London.

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