[Last updated April 2023] A guide to serviced offices and office space for rent in Warrington as well as general information that may be useful if you are looking to rent office space in the town.
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History & Geography
Warrington is located on the banks of the River Mersey in northwest England, approximately 16 miles east of Liverpool. Since ancient times, the area has been a strategically important crossing point of the river, and the area has been occupied without pause since the Roman invasion of Britain. The town played an important part in the English Civil War and, later in the 19th century, became an important centre of the steel, textiles, brewing and chemical industries. The town’s heavy industry declined in the 1970s and 80s, however, Warrington managed to reinvent itself as a centre of light industry, distribution, service and technology. Since then the town has also become a major retail and headquarters centre.
Economy
Despite its proximity to major cities like Liverpool and Manchester, Warrington has held its own as one of the most popular shopping destinations in northwest England. in the early 2010s, the town modernised its centre and refurbished its largest shopping mall, the Golden Square. It also has a large indoor market and was the home of the first IKEA store in the UK. The town was also the site of an award-winning new redevelopment at the centre of Buttermarket Street, Horsemarket Street, Sankey Street and Bridge Street. Currently, a major business park on the outskirts of the town is being developed. It is located on 575 acres on the former Burtonwood Airbase and will be developed over the next 30 years.
Culture
Warrington has several landmarks and cultural sites, including Parr Hall, the town’s concert hall. Also of note are Warrington’s many idyllic parks, the largest of which are Paddington Meadows, Risley Moss, Woolston Eyes and Rixton Claypits. Warrington also holds several annual festivals every year, the most notable being Warrington Walking Day, held on the closest Friday to the last day of June when the town centre is closed to traffic and the churches walk together through the streets. Rugby is the most popular sport in Warrington and the town’s Rugby league team, the Warrington Wolves have played every season in the top flight of the league.
Transportation
Warrington has two railway stations, Bank Quay on the West Coast Main Line between London Euston and Glasgow Central and also the Manchester Piccadilly to North Wales Line. The second station is Central and is on the Liverpool to Manchester line. In the town itself, Warrington Borough Transport runs an extensive bus network and First Group and Arriva provide bus links to surrounding towns and cities such as Manchester and Liverpool.
Office space for rent in Warrington
In the early 2010s, despite the financial crisis and resulting recession, Warrington’s economy remained relatively steady, especially in comparison with other towns of similar size in the UK.
The town has a strong private sector economy and a highly skilled workforce, which contributed to its economic stability.
However, the town’s office market was not unaffected by the downturn.
Following the Great Recession, prime rent in Warrington stood at approximately £16.50 per square foot per annum. It was also a renter’s market with landlords willing to give generous incentives in an attempt to avoid empty properties.
Ten years on, Warrington’s office space market, as was the case for all towns and cities worldwide, was not immune to the effects of the pandemic.
Total take-up in 2020 was 376,944 square feet, however, in 2021, was over 30% lower, at 254,932 square feet. That being said, relatively large deals for the town were completed in 2021 with the University of Chester taking a combined 37,500 square feet at Mersey Bank House and Time Square over two deals. These were seen as optimistic signs for the town.
In 2021, prime headline rents of £21 per square foot were being quoted at Bridgewater Place, Birchwood Park.
In 2023, prime office rents were quoted at the same rate and Grade B refurbished space was marketed at £17.50 per square foot at schemes such as Lakeside Court on Lakeside Drive at Warrington’s Centre Park.
The are 12 flex space providers in Warrington that offer alternatives to leased office space for rent.
The flexible office and workspace solutions on offer include private serviced offices, managed offices and corporate coworking membership plans. All of these options are available on short-term contracts and with all-inclusive pricing.
Profiles of all of these operators in Warrington can be seen in this directory.
We carry out a free office space search and our advisory and acquisition services are also free, always. Our Warrington office space brokers and agents are globally regulated by the Royal Institution of Chartered Surveyors (RICS) ensuring the highest standards of commercial property advice and service at all times. We look forward to helping you find the best office space for rent for your business.
The Office Providers are Regulated by the Royal Institution of Chartered Surveyors (RICS)