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Finance  »  Real Estate
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Liverpool : the Ideal Relocation Destination

By: Mike G
Date Added : June 25, 2011 Views : 22
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Liverpool –the Ideal Relocation Destination

Liverpool itself is just over 800 years old, having been officially founded in 1207 after King John awarded the northern English site a royal charter. The port was not a particularly significant one during the following 500 years or so but as British boats began to sail further and further afield, so Liverpool gained a more prominent role in both internal and external commerce.
The relatively recent history of the region has been entwined with the break-neck pace of development characteristic of the industrial revolution, in which Liverpool and the north-west in general played a major role.
Many of the city’s most identifiable and historically important buildings date from the end of the 19th century, by which time Liverpool was one of the busiest ports in Europe, with more than a third of world trade heading through the mouth of the Mersey.
A hundred years or so ago, Liverpool and the huge amount of trade that came through its docks was so central to the British economy that it contributed even more than London to the national coffers. While the city can no longer claim to out-do the capital it still among the largest and most significant economic centres in the UK.

Liverpool is the principal urban site in the region of Merseyside, which covers around 150 square miles in the north-west of England, just north-east of Wales. There are currently around 1.3 million people living in the area, which is divided into the boroughs of St Helens, Knowsley, Liverpool, Sefton and the Wirral.
Economy

The revival of Liverpool as a vibrant and dynamic English destination has been based at least in part on a re-imagining of its expansive maritime heritage and combining that with all the aspects visitors expect from a modern European city.

As a result, there is a strong supply of serviced office space, managed offices, leasehold offices, virtual offices and meeting rooms available to rent in Liverpool and the city’s commercial property sector has not been as badly affected by the economic downturn as might have been the case. Indeed, a joint report from the Professional Liverpool and Liverpool Vision organisations shows that more office space was let in the city’s central business district in 2009 than ever before.


However, the same report makes clear that office space in a number of different areas of the city have seen a sharp decrease in demand and the supply of Grade A office space in the central business district fell during 2009, with only 178,000 sq ft available and ready for occupation at the end of the year.

Overall, there is still reckoned to be a good amount of office space to rent in Liverpool and the diversity of the local economy means the underlying trends in the commercial property sector are solid enough to justify optimism going forward.

With its rich heritage, availability of skilled personnel, and a dynamic local economy, Liverpool is the ideal destination for companies looking to relocate and expand.



Mike Gardener is the author of this article on Liverpool Office Space. Find more information, about Liverpool Serviced Offices here

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