This Statistic shows the average cost of grade A and grade B office rents in the North of England (United Kingdom) per square foot in 2019. The North of England for this purpose includes the North West, Yorkshire and the Humber and the North East regions.
In the North of England, prime rents for office space fluctuate depending on their location. In 2019, the cost of grade A office property was the most expensive in Manchester at 37.5 British pounds per square foot and 28.5 British pounds for grade B. The cheapest average office rents in the North of England could be found in Preston.
Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area
(in GBP per square foot)
The source adds 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."
* Includes the North West, Yorkshire and the Humber and North East of England.
** Prime rents apply to new units. *** Grade B rents apply to second-hand units built during the 1990s.
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Colliers International. (April 5, 2020). Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area (in GBP per square foot) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/
Colliers International. "Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area (in GBP per square foot)." Chart. April 5, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/
Colliers International. (2020). Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area (in GBP per square foot). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/
Colliers International. "Cost of Rent of Grade A and Grade B Office Real Estate in The North of England* (United Kingdom) in 2019, by Area (in Gbp per Square Foot)." Statista, Statista Inc., 5 Apr 2020, https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/
Colliers International, Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area (in GBP per square foot) Statista, https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/ (last visited December 30, 2024)
Cost of rent of grade A and grade B office real estate in the North of England* (United Kingdom) in 2019, by area (in GBP per square foot) [Graph], Colliers International, April 5, 2020. [Online]. Available: https://www.statista.com/statistics/1010417/grade-a-and-grade-b-office-rents-in-the-north-of-england-by-area/
