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Property

Rental values

Rental values as at July 2004

Location
 
£ m2 per annum
Type 1
£ m2 per annum
Type 2
£ m2 per annum
Type 3
Coventry
108
115
80
Birmingham
*275
*275
120
Leicester
£491.69
£465.96
£534.74
Northampton (type 1 and 2 edge of town)
*140
140
135
Newcastle Upon Tyne
*215
*200
75
Leeds
*190
*220
175

Type 1
Town centre location. Self-contained suite over 1,000 sq m in office block erected in last 10 years, good standard of finish with a lift and good quality fittings to common parts. Limited car parking available.

Type 2
As Type 1 but suite size in range 150 sq m – 400 sq m.

Type 3
Converted former house usually just off town centre. Good quality conversion of Georgian/Victorian or similar house of character. Best quality fittings throughout. Self-contained suite in size range 50 sq m – 150 sq m, with central heating and limited car parking.

* denotes accommodation with air conditioning
Source: Valuation Office Agency Property Market Report July 2004.