Leafy Weybridge in Surrey continues to punch well above its weight in the office space market but a growing mismatch between supply and demand could prove crucial, says a regional commercial property specialist.
Charlie Nicholson, regional managing partner for property consultancy Vail Williams, says the town’s unique blend of high-quality, competitively priced office accommodation and exceptional connectivity continues to underpin office market demand.
The Weybridge office market has performed well amid evolving occupier requirements and ongoing workplace recalibration, helped by the combination of its lifestyle offer, top schools and good transport links to London, Heathrow and Gatwick.
Global occupiers such as Samsung and Sony have long-established operations in and around the town, cementing Weybridge’s role as a genuine hub-and-spoke location for international businesses.
Charlie said: “However, we are seeing office outcomes in Weybridge become increasingly polarised. Buildings that have benefitted from investment continue to perform strongly; meanwhile older or less flexible stock has experienced slower rates of absorption. That’s why building specification and presentation matter more than ever.”
“There is also a clear shortage of modern, fitted Cat A+ and ‘oven-ready’ accommodation, particularly at the smaller end of the market. Suites within the 1,500 to 10,000 sq ft range are experiencing sustained levels of demand, but availability remains limited.”
