Newsroom / Business / Real Estate / Study reveals Litchurch Plaza costs less than half the price of serviced office space in England

Study reveals Litchurch Plaza costs less than half the price of serviced office space in England

Litchurch Plaza offers serviced office space in England and Wales
Derby, Nottinghamshire, United Kingdom ( 01/04/2012
A business study into service charges payable by tenants of shared office blocks has revealed an average more than twice the price offered by Litchurch Plaza.

Students from Loughborough University Business School published the report, which stated shared office space in England and Wales has an average service charge bill of £6.34 per sq. ft; much higher than Litchurch Plaza in nearby Derby, which costs just £2.91 per sq. ft.

The study was published in 2008, so the average costs for service charge bills are likely to have risen nationally with inflation since the report was published, but Litchurch Plaza’s landlord has held costs at £2.91 for the last 3 years and they are guaranteed to stay the same for the whole of 2012.
The business study sampled 505 shared office buildings with a total area of more than 35 million sq. ft. from a variety of regions and of varying sizes. The study suggested “the principle variables of inflation, location, size, air conditioning or VAT”.

Although the Litchurch Plaza offices are not air conditioned, the £2.91 per sq. ft. covers the cost of heating and two caretakers who deal with cleaning and maintenance of the Derby office accommodation. The Landlord’s policy of tight expense control, coupled with a hands-on policy and direct management ensures that high standards are maintained at minimal costs.

The affordable Derby office space offered by Litchurch Plaza is available on a rent-only or serviced contract, and there are a wide range of offices are available to suit any business from one or two people, to full corporate office suites. The serviced offices are available with a commitment of just three months, with the possibility of upsizing or downsizing, making it the ideal commercial property for young businesses, and rates include broadband, telephone, security, cleaning and maintenance that are usually unaffordable for a small office.

Situated on Litchurch Lane, just outside Derby centre, Litchurch Plaza is popular for businesses who want competitive rates and a location with excellent transport links. The Derby office space is walking distance of the train station and has easy access to the M1 and links to Nottingham, Stoke and Birmingham.

To take advantage of Litchurch Plaza’s competitive office space prices visit

Russell Foster
Litchurch Lane, Derby,
United Kingdom
DE24 8AA



Litchurch Plaza is located on Litchurch Lane, a commercial area which runs between London Road (A6) and Osmaston Road on the Southern fringe of Derby City.


Russell Foster

Litchurch Lane, Derby,
Zipcode : DE24 8AA

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