Bidwells
Well informed

Rents have risen sharply over the last 12 months to reach a new high of £40 per sq ft after availability dipped to a ten year low of 6.3%. That’s a jump from £23 sq ft at end of 2014.

The latest offices and labs research conducted by Bidwells found rent levels hitting another new high for the city. Prime office rents rose £3.50 psf in the first half of 2019 to a new peak of £45 psf after the city experienced the busiest six months of letting activity since 2016.

Around a third of agricultural land in England is let under various agreements; changes to tenancy legislation will impact many businesses within the rural sector. With the deadline for responses to DEFRA’s consultation fast approaching on 2 July 2019, below is an overview of the consultation document, highlighting proposals identified by the Department for Environment Food and Rural Affairs (DEFRA).