Surrey towns wrestle with low levels of available office space

Redhill Reigate office supply

Demand remains high but supply has dipped to historically low levels.

In Reigate, for example, availability stands at just 8,000 sq ft. There is more space available in Redhill, both new and refurbished, but it still only totals 117,000 sq ft. The average availability rate across the two towns is 5%.

Total take-up in the two towns was 80,000 sq ft last year, similar to the space taken in 2016 but more than double 2015’s figure. So far this year, around 40,000 sq ft has been let in Redhill, with an additional 12,500 sq ft under offer.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now