What Is The Average Size of an Office?
The average size of an office is just over 4,000sqft in the UK.
In the last 12 months, the average size of any given office in the UK was 4,128sqft with a rent per square foot of £35 average.
The above figure – obtained from EG Radius, is also strictly for office lettings. The average size of an office purchased in the UK is 6,240sqft.
Whilst the figures will vary from town to town and city to city, the average is somewhat inflated for the majority of businesses and traders outside of London as the size take up and rental price averages are a stark difference between the capital and the rest of the UK.
In terms of purchasing, the average cost per square foot to buy an office is £229. Meaning a 1,000sqft office will set you back roughly £229,000.
Again, obtained by EG Radius and it’s sister PropertyLink, these figures include all office markets in every nook and cranny of the British Isle.
If you’re a West Midlands based vendor or landlord looking to rent office space out, Shepherd Commercial routinely achieve above these averages for clients, in particularly, the Birmingham and Solihull regions.