Back to blog
Clare Hudson
Clare Hudson
  • 1 Minute Read
  • 13th June 2011

SOS> Search Office Space inquiries increase by 28%

SOS> Search Office Space is pleased to announce a 28% increase in overall inquiries for serviced office space from April- May 2011.

Demand for serviced office space has grown significantly in recent years, with the serviced business centre sector now one of the strongest in the property market.

This is likely to be due to the growing number of start-up businesses cropping up in the last few years, created by many of those hit by redundancy or lack of work in previous years.

According to Kings House Management, “Small businesses make up a staggering 99.3% of UK businesses, account for 47% of the country’s employment and contribute 37% of the total turnover.”

Many start-up businesses opt for serviced offices as opposed to conventional office space because they’re more cost effective, employees can share resources and they’re easy to move in to.