Wembley Office Space at East Lane Business Park

Office Space at East Lane Business Park

East Lane Business Park

East Lane Business Park is a commercial real estate development located in Wembley, London. The site has been developed to a total size of 36 acres and consists of multi-purpose industrial, warehousing, and storage units.

Nearby amenities include supermarkets, petrol stations (the nearest one being only a couple minutes’ drive away on East Lane), bakeries, and restaurants.

Along Preston Road there are medical centres and pharmacies, but the largest commercial area within close proximity of the park is in Wembley Central, which is 1.5 miles to the south of this business park.

Commercial space at the park is available on a variety of terms, from short lets to conventional long leases including flexible rental agreements.

Space For Rent At East Lane Business Park

Several types of commercial real estate are available at East Lane Business Park.

Warehouse units usually range size from 2,000 to 3,000 square feet, but larger units are also available. Average annual rental rates for warehouse space go just over £30,000 for a medium-size unit to more than £83,000 for warehouse units of 10,000 square feet. This type of space features amenities and facilities including side doors, roller shutter access, dedicated loading bays, office space, bathrooms, parking space, and 24/7 security. Units are accessible around the clock.

Office space is also part of the commercial real estate offer at East Lane Business Park. Office plates go from 150 square feet to over 2,5000 square feet and are available in low-rise buildings located in a gated area. Secure storage space is also available, as are on-site containers with capacities ranging from 20 to 40 feet.

Main Commercial Tenants

Occupiers of industrial and commercial premises range from uniform retailers to hairdressers, and include computer parts suppliers, wholesale food distributors, glass and mirror shops, auto repair and maintenance services. As for occupiers of office space, they are mostly small businesses involved in the professional services sector, such as legal firms, graphic designers, sign writing and vehicle graphics companies, and travel agents.

Location

The park’s full address is:

East Lane Business Park
Lumen Road
Wembley HA9 7RE
London

Getting to East Lane Business Park Using Public Transport:

The park is located half way between 2 London Underground stations. North Wembley station is just under half a mile away to the south of the park, and South Kenton station is 1.5 miles north of the park. Both stations are on the Bakerloo line, which connects the park with South London and Harrow, stopping at major stations like Charing Cross (for trains to Dartford, Hastings, Sevenoaks, and Dover), Piccadilly Circus, Waterloo (for trains to the South East), and Paddington (which has rail connections to Heathrow airport and several cities in Berkshire). Both stations also serve National Rail trains and are a stop for London Overground services. There is also a Metropolitan Line station 1.5 miles away (Preston Road station), which offers links with The City of London, Watford, and with suburban locations along the M25.

Getting to East Lane Business Park by Road:

East Lane Business Park is located approximately 3 miles away from the A406 road, also known as North Circular Road, which offers access to the M4, M1, A1, and M11 roads, among many others. Distance to central London is approximately 10 miles, and distance to Heathrow airport is 20 miles.

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The Enterprise Economy: The UK’s Best Cities for Business (Infographic)

If you’re a budding entrepreneur, you’ll undoubtedly have a huge number of strategic decisions to deal with. Should you hire staff yet? What’s your marketing strategy and how are you going to get your product out there? How can you make sure your business continues to prosper for years to come?

Another decision that could matter more than you think is choosing the best location for your business. Although London offices might seem like the go-to choice for tech and digital businesses, research has shown only 50% of high growth startups survive after 3 years in the capital. With this in mind, it’s almost certainly worth casting your net further afield and exploring different cities around the UK. Other cities offer better survival rates for new businesses, and are becoming thriving centres for business in their own right – just think of the so-called Northern Powerhouse!

To help you become better informed about business prospects in cities all around the country, Total Processing have compiled all the essential data you need. Using data from The National Office for Statistics, they’ve put together the following map which looks at business activity growth in regions across the UK, from Aberdeen all the way to the English South Coast.  They’ve also collated data on business survival rates in all of these cities, so you can see where new enterprises struggle the most (and where they thrive!)

So, if you’re looking to find the best location to rent an office, make sure to check out the infographic below!

The Enterprise Economy Infographic

Birmingham Business Park

Birmingham Business ParkBirmingham Business Park is a 17-acre development located within easy reach of Birmingham International Airport and 12 miles east of the city centre. This site is owned by Canmoor Asset Management and Black Rock and is currently the place of employment of over 7,000 people.

Office space at Birmingham Business Park features a mix of conventional and flexible space arrangements, and is split over 300 buildings, although this figure is likely to increase in the future, as additional office developments eventually come to completion. All in all, there are 2.4 million square feet with planning consent at the park, and nearly 400,000 of those have been earmarked for future commercial / mixed-use development.

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Quorum Business Park

Quorum Business ParkQuorum Business Park is a large commercial property development located 4.5 miles north of Newcastle city centre. The park has been built on what was the North Tyneside Enterprise Zone until 2006. The site itself contains over 1 million square feet of commercial space (suitable for both office and retail), and is surrounded by nearly 50 acres of parklands. At the time of writing, there were 16 office buildings at the park, 7 of which were fully let. The remaining buildings offer office accommodation ranging from 500 to 104,000 square feet. Moreover, building Q16 offers office space on a per-desk basis.

In 2009 – 2010, a number of large companies began to move in, and to this date park tenants benefit from special incentives and support, such as the North East Investment Fund, North East Access to Finance, and the North East SME Innovation Programme. Quorum has also attracted an international pool of talent, as staff working at the park come from 65 countries.

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Top Five TED Talks For Business Entrepreneurs

Ted Talks for EntrepreneursSuccess is the ultimate aspiration of business owners and entrepreneurs. But what exactly does it take to succeed in today’s competitive business environment? While there is no single recipe for success, the TED talks listed below can help you position yourself on the right track.

1. How To Get Your Ideas To Spread (by Seth Godin)

Seth Godin’s entrepreneurial credentials are strongly established, as he is widely acknowledged as a marketing guru. Godin is qualified to speak on the relationship between entrepreneurship and marketing, and in this talk he challenges conventional wisdom by affirming that it is not always the best ideas that are successful, but rather the most widely spread ones. He suggests that mass marketing is not suited to the needs of modern consumers and entrepreneurs should instead target audiences that care about a product or idea. Godin then offers some real-life examples of how successful entrepreneurs spread their ideas among the right audience.

Watch it here.

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Creative Workspaces In Birmingham

The Custard Factory BirminghamWith a combined GVA of nearly £700 million, there is no doubt that the creative sector is one of Birmingham’s economic pillars. In only six years, the local creative industry has gone from employing 20,000 people to providing more than 34,000 jobs, and the number of creative businesses in the city has grown from 3,400 in 2010 to nearly 6,000 in 2016. Such a booming industry needs suitable space, which is readily available at some of the top creative workspaces listed below.

1. The Old Print Works

The Old Print Works is located in a heritage building just a short drive away from Birmingham city centre. This is a space that markets itself as being ideal for makers, designers, creators, artists, and anyone interested in developing creative and sustainable solutions for the local community. There are 40 creative work units and studios for rent at The Old Print Works, which also include access to five different communal areas (including a lunch room, courtyard, garden), where creative professionals can mingle and network. The Old Print Works also offers affordable co-working space at The Transfer, where daily, weekly, and monthly memberships are available.

2. Assay Studios

With a central location in the heart of Birmingham’s Jewellery Quarter, Assay Studios is often regarded as one of the most innovative workspaces in the city. The studios are located in a Grade II building and have been recently renovated and redecorated to include a mix of new and old fixtures and fittings. The redevelopment project has been successful enough to attract high-growth creative companies like Deliveroo, Green Room Detail, Grayling, and Emerald Technologies. Facilities include a fully equipped kitchen, showers, break and meeting rooms, and bike storage.

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The Cost of Renting Office Space In Edinburgh

Edinburgh City SkylineEdinburgh has a thriving economy whose diversity and scope for growth attracts FTSE 100 companies and other large firms mainly in banking, insurance, finance, media, and technology. Since all these are office-based industry sectors, the demand for office space in the city is robust, and in fact Edinburgh is one of the six most important commercial property markets outside London. But how does demand affect office rental values in this Scottish city? Read on to find out.

Trends Affecting Office Rental Prices In Edinburgh

The TMT sector has recently become the most important forces driving the growth of the local office market. During the first three months of 2017, this sector accounted for nearly 33 per cent of all office take-up in the city. Education is another key occupier of office space in the city, mainly due to the presence of four prestigious universities.

With increasing demand from high-growth sectors comes diminishing availability, so scarcity may become drive office rental prices up within the next couple of years. Moreover, a considerable amount of lease expires in the 2017-2018 period is likely to cause spike in average rents. While rental increases are not expected to be too drastic, they may exceed the £35 / square foot mark by the end of 2017.

Edinburgh Office Prices By Area

According to researchers at Knight Frank, headline office rents across the city average £33 / square foot. Incentives like rent-free period of 18 months for 10 year leases are common, which brings the net effective rental value down to £28 / square foot.

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London Office Market Trends – First Quarter 2017

London UK Houses of ParliamentThe London office market started the year marked by uncertainty and expectation about how the economic and political developments of 2016 would play out in the medium term. In this article we look at the key figures and trends that have defined the market during the first three months of the year.

London Office Market Q1 2017: Facts and Figures

The most important transaction during the first quarter of the year was the 15-year lease of floors 1 to 7 of 21 Lime Street. This deal is also worth mentioning as it seems to buck the current trend of insurance companies moving out of the City, where vacancy rates increased to 5.7 per cent. This increase can be accounted for by the growing number of occupiers who are now relocating to other areas, mainly the Docklands and Southbank, where construction activity is reaching record levels having experienced year-on-year increases of over 660 per cent.

Take-up rates increased monthly during the first quarter of the year, reaching a maximum index of 1 million square feet in February. This figure represents a 92 per cent increase over the previous quarter.

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UK Triggers Article 50 – What Does This Mean For Your Business?

On 29 March 2017, the British Prime Minister officially initiated the Brexit process by triggering Article 50. This was surrounded by much speculation and uncertainty about the impact it would have on the country’s economy and at a smaller scale, on the day-to-day of UK businesses. Although according to EU legislation, many things could still change during the upcoming negotiation process, the general consensus is that the implications of Article 50 will mainly affect trading relationships, access to human capital and to funding, and the free movement of services.

Article 50 and the UK-EU Trade Deal

The EU is the UK’s main trading partner, so determining the future terms of the trading relationship between both parties is paramount to many business groups in the UK. The negotiations could take up to 5 years to be finalised, and in the meantime, a temporary or transitional arrangement may be needed.

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How Large Corporations Are Changing The Way They Think About Flexible Workspaces

Until very recently, the concept of flexible workspace was perceived as a niche sector of the commercial property market that mainly catered to freelancers, remote workers, and small start-ups. However, this understanding of flexible workspace seems no longer accurate in view of recent trends that show how this type of office space is becoming increasingly attractive to large corporations.

In a relatively short period of time, we have witnessed how blue-chip corporations like HSBC, KPGM, and Microsoft have acquired flexible workspace in London and incorporated it into an important part of their corporate culture. Since 2012, more than 4.5 million square feet of flexible office space have been taken up across the city. Other reports confirm the unstoppable growth of this type of commercial real estate in the British capital, as some of the main providers are already worth millions of dollars, and flexible workspace now accounts for 25 per cent of the portfolio of some traditional office space providers.

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