Guildford set a new rental high for the South West M25 market in 2024. The £45.00 psf letting at the Bottle Works where local occupier Penningtons took 10,000 sq ft helped push rents to unchartered levels. With £50 psf being quoted on the remaining Bottle Works space, we’ll likely see new rental highs this year.
2025 has started strongly with 44,000 sq ft have transacted already across 5 lettings. 24,000 sq ft is being refurbished at London Square to bring some much-needed quality supply to the town centre.
To discuss last year and Guildford’s prospects going forward, speak to one of the team.
See the full report below:
