By: PRLog
January 25, 2013 at 09:38 AM EST
Viable Commercial Property In The Shadow Of The Shard
PR Log - Jan 25, 2013 - LONDON -- The success of premier buildings such as the Shard and Gherkin is fuelling demand for affordable premises nearby. Smaller businesses are now driving demand for more viably sized offices to capitalise on the area's reputation.

The Shard stands some 95 storeys tall, has been in construction since 2009 and opens to the public in February this year. The tallest building in the EU, it comes to completion at a time when many other European property markets are experiencing challenging times.  It reaches double the height of any other London skyscraper, with public viewing galleries on its higher levels. Larger corporations are set to occupy it's office space. Residential apartments are available with price tags matching the very highest end of the market. Some1 million visitors are expected every year, with entire floors dedicated to restaurants plus a luxury hotel and spa. The Gherkin at number 30 St Marys Axe was completed in 2004 and is now hailed as an iconic example of modernist architecture worldwide. The first ecological new London commercial property development, its upper floors house exclusive restaurants, bars and private members clubs. When it was sold in 2007, it literally represented the most expensive office space in London foot for foot. Today's occupiers are exclusively drawn from the financial, private banking, legal and insurance sectors.

The continued investment in the area is also attracting smaller businesses looking to create a favourable impression with their clients. With investors still boosting confidence levels, the prestige value an address in the area will generate should not be underestimated. It is served by London City airport, with transatlantic flights from New York plus a wealth of major European business and leisure destinations. Its also ringed by underground and overground train stations, frequent red bus routes and served by an ample amount of black taxi cabs. The Shard and Gherkin are just two of the new luxury iconic buildings of this era amongst an array of others. These new towers within the 'Square Mile' offer a choice of restaurants, conference and meeting facilities, large scale dining halls, prestigious small tables and elegant bars.

“With the right premises, a city of London address can be a tremendous asset for a smaller business. They capitalise on the reputation and facilities in the area and of course the opening of the Shard is inevitably attracting more global business. It is possible for smaller firms to occupy a smaller, well-appointed office that meets all of their needs. We have a selection of competitively priced premises suitable for those who need a balance between prestige, quality and price,”

Pearl and Coutts have a number of multilingual staff to assist international tenants, to make relocation to a new office space in London a smooth and simple process. To view their current selection of commercial property online, visit their website at http://www.pearl-coutts.co.uk/

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