Petty’s Preston office has now joined forces with the city based, regional and national developer, Errigal Developments in a bid to effectively market its latest commercial office space at Preston Docks.
The recent increase in the launch of SME’s across the region triggered an astute move by the developer which responded to current market data and pressures of small business by delivering comprehensive cost effective commercial office space packages through their branded ‘Fluid Space’ operation.
Fluid Space is designed to provide the most convenient facilities for any business occupier looking for flexible, cost effective, accommodation. This new product encompasses attributes of quality, convenience, accessibility and prominence of location, with parking. Desk space within these self-contained offices can now be achieved at occupier rates from £197.50 per month inclusive of VAT, with only telephone calls to pay on top. Making the move easier for those new to business or indeed small businesses on a growth path, the all-inclusive billing approach sees utilities of electric, gas and heating, as well as repairs, communal cleaning, furniture and phones, and an incredible 20mb broadband rolled into a comprehensive package that has no hidden end of tenancy costs.
The Royal Institute of Chartered Surveyors (RICS) recently published statistics that showed serviced office occupation and demand has risen by 64% over the previous trading years of 2011 and 2010 respectively.
Jody Lauder of Petty’s Preston office said: “This highlights the need for developers, landlords and institutes to understand that business in its day to day occupational activity is looking at a more fluid landscape and seeking to map their future by the horizon visible in front of them. Essentially institutional terms having fallen from 25 years to 21 years during the late 1980’s to 1990’s, are now falling to below those current landlord expectations of 3 years and 5 years respectively”.
“It is an occupier market, and Errigal is now aggressively addressing this by their offer of an efficient all in one product, wrapping all outgoing costs for the occupier into a single manageable monthly payment; it rules out the necessity to incur hidden operational occupier overheads to deal with repairs, broadband failure, gas and electric contracts, business rates appeals and changes or expensive dilapidations.”
Simon Lyons of Errigal Developments comments: “As an investor developer, we are constantly facing the same business management problems that other property occupiers face. Our Fluid Space concept therefore addresses all of that, and allows our tenant occupiers the ability to get on with the job they are specialist at, ridding them of those expenses, hidden time management costs, and worries by delivering them space they can grow into, out of and develop within; the format will allow for tenants to move fluidly between units to fit their purpose”.
“We have experienced such success within our recent introduction of the “Fluid Space” offering at our Lockside development in Preston that we are already developing out offices at Burnley’s Network 65 site followed shortly by a site at our Croft Court scheme at Whitehills Business Park in Blackpool. We will certainly be using this business model within our mix for further regional expansions.”
Frank McKenna of Downtown Lancashire, an influential business medium and voice for business Lancashire says; “Errigal’s offer again highlights that Lancashire businesses can be at the forefront of product delivery, and their expansion of Fluid Space on a pan-Lancashire roll out shows that they have confidence in the SME and micro business market to the region. It is well recorded that recovery from this recession will not be via big venture, underpinned by government backed incentivised operations of large manufacturing or other, rather it will be by the ventures, productivity and efforts of the some 4.5 million small businesses within the UK. The protected, flexible environment offered by Errigal complements those existing incubator operations of say UCLAN and Pennine Lancashire Regenerate and will help provide the foundation for recovery.”
For further information on the Fluid Space development, please contact Jody Lauder of Petty Commercial in Preston on 01772 437 202 or email email@example.com