The Switch to the Suburbs Trend Propels Office to Let Croydon

For years, demand for office space traditionally tended to be higher in the big cities, with companies vying for that all-important high-profile address, well served by public transport and boasting all the benefits of a trendy location with its array of after-work-attractions. However, there's a significant shift going on. Companies are starting to favour suburban areas over inner-city hubs, and it's a trend that's only intensified in the wake of the COVID-19 pandemic. Let's take a look at what's happening in the world of office space demand, and discover why, for businesses on the hunt for a suburban office to let, Croydon could make the ideal location.

Workthere says that there has been a switch in office demand, with occupiers looking for suburban space taking the lead. And IWG, the world's largest flexible workspace provider, believes that the newly developed apprehension to commuting, brought about by the coronavirus pandemic, has super-charged the desire for offices in smaller towns.

Whilst a move towards the 'hub-and-spoke' model was already gaining traction before the pandemic kicked in, the crisis has only added fuel to its journey. In this way, organisations set up their headquarters in big cities like London and then dot smaller satellite offices throughout the surrounding regions.

Commuting losing its appeal, but office life maintains its appeal

Mark Dixon, IWG chief executive, says that people have now experienced the luxury of not having to commute, but this doesn't necessarily mean they are not keen on working in an office environment any more.

Office-themed book author Lucy Kellaway champions the benefits of the office, suggesting it keeps workers sane, helps them maintain a routine and gives meaning to the work people do. Teamwork thrives in an office environment too. So whilst remote working may stay in some form post-pandemic, it's likely that it won't take over altogether. However, when it comes to office location, that's where the changes are going to be most prominent.

Having had a taste of an improved work-life balance, free from hours of commuting every week, workers now want to be based closer to home. They want to be able to walk, cycle or drive to the office rather than use public transport. This shift is precisely the reason why the demand for office space in suburban locations is on the up. But those locations still need to have plenty to offer.

Why location is a vital consideration

No one wants to be located in the middle of nowhere. Great office surroundings have always been crucial, and that won't change. People still want to be able to pop to the shops in their lunch break, take a walk in the park, go to the gym or grab a coffee or bite to eat. And accessibility is still important too.

Offices need to be situated in well-connected locations. Staff may want to commute on foot, on two wheels or four, but the fact remains they need an easy route into work.

So do suppliers and visitors.

So, there is plenty to consider when choosing a suburban location for an office to let or buy.

Why Croydon makes the perfect suburban office space location

For any business looking for an office to let, Croydon makes the ideal suburban location. Situated just outside of London and, therefore, providing excellent transport links, this small town is buoyed by the fact it is one of the fastest-growing economies in the Capital.

What's more, there has also been a considerable investment into the local transport network, including the roads. And when it comes to entertainment and leisure, Croydon is the proud winner of the London Borough of Culture 2023 award. Green spaces abound, ideal for those workers who developed a close relationship with nature during the lockdown. And when it comes to offices to let, Croydon offers exceptional choice, from flexible and co-working spaces to serviced offices and traditional furnished and unfurnished options.

Discover your perfect suburban office to let in Croydon at Corinthian House

Corinthian House is a landmark building situated in the centre of Croydon, right opposite the well-known Boxpark venue where you'll find an abundance of dining and entertainment opportunities.

Boasting a range of modern amenities including showers, locker rooms, a communal kitchen, meeting rooms and high-speed internet, this modern office space in Croydon offers both flexible and traditional lease options.

Ready to discover how Corinthian House could meet all your suburban office rental requirements? Talk to our helpful team today.