office building

Hurst Warne Office Market Report Guildford H1 2024

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Hurst Warne, Commercial Property Surveyors specialising in the Southeast markets present their Office Market Report for Guildford H1 2024.

H1 was steady for Guildford with notable lettings that included 13,720 sq. ft at London Square.

office building

London Square.

2,162 sq. ft at Compton House.

aerial view large office building

Compton House

Building 3,000, Cathedral Square – 6,919 sq. ft

modern office building

Building 3,000

And The Bottle Works Grade A offices setting record rents. 

exterior converted industrial building

The Bottle Works

All Guildford movers were existing town occupiers moving to upgrade space.

columns of figures referencing sq ft

Overall, the supply of grade A office space was down by 2% and vacancy rates were 5.5%. Grade B supply was up by 6% with vacancy rates at 2.9%.

Finally, you can see here the statistics for office supply & demand, vacancy and rent rates.

supply and demand data

You can view all of the commercial properties listed by Hurst Warne on NovaLoca here.