Reading is fast becoming one of the best towns in the southeast to rent a serviced office. Reading has the advantage of being close to London; however, it is cheaper to rent office space and live in the town. Because of Reading’s prime location, excellent transport links, and thriving economy, it’s easy to see why many companies and start-ups choose Reading.
Are you thinking of renting a serviced office in Reading? If so, please read on to find out why Reading may be the perfect town for your business.
Reading benefits from a strong economy
Investment Reading has rejuvenated the town’s economy, making it one of the top growth towns in the UK. According to a report by PwC, Reading is one of the top-performing cities in the UK. It ranks similar to Oxford in terms of income, skills, job availability, house affordability and commute times.
Due to the strength of Reading’s economy, there are low unemployment rates. With more housing under development and plans to establish Reading as a commuter town, the local economy will grow even further. Further investment in the economy looks set to add nearly 1 million sq ft of office space.
Official figures show that Reading has one of the best Gross Value Added (GVA) ratings in the South East and even outperforms London per head of population.
Reading is a crucial technology and financial hub
One of the many reasons to rent serviced office space in Reading is because it’s a hub for many multinational organisations. Thames Valley is Reading’s commercial centre and is home to the headquarters of many companies.
The success of Reading is a result of establishing itself as a capital for information and communications industries. You’ll find digital and financial organisations such as Microsoft, Oracle, Prudential, Intel, Sage and Virgin Media.
The principal business parks in Reading are Green Park, Reading International Business Park, Arlington Business Park and Thames Valley.
Despite being home to large organisations, it is still around 50 percent cheaper to rent a serviced office in Reading than in London.
Reading has excellent transport links
Reading is conveniently located close to London. Excellent transport links serve Reading with direct rail journeys to London and Heathrow Airport. Also, there is quick access to the M4, which provides fast road links to other towns in southern England.
Investment in the rail links has been a significant factor in attracting businesses to locate in Reading. For example, it is only 25 minutes by train to London Paddington. When the Crossrail links become fully operational, trains departing every 10 minutes will take less than an hour to arrive in London’s Docklands.
Renting a Serviced Office in Reading — In Conclusion
There are many reasons why businesses rent serviced office space in Reading. Business parks offer the most affordable options to rent a serviced office. There is also a wide range of choices available, from large corporate suites to smaller flexible office solutions. The most significant reason to rent office space in Reading is that it’s an affordable alternative to locating your business in London.
If you’re looking for serviced office space in Reading, Prime Office Search can help. We’ve been helping business procure office space all over the UK for over 10 years. If your business is looking for serviced office space to rent in Reading, please get in touch with our expert team today on 0800 433 7888 or email info@primeofficesearch.com. Our team boast over 25 years experience within the flexible workspace market and would be delighted to assist. Alternatively, you can browse all our available offices in Reading here.
