Why Watford is an excellent alternative to London for office space
When choosing an office space, strategic positioning plays a crucial role in your success.
The ideal office location should offer competitive advantages across connectivity, access to talent, and an overall business environment. Office suites in Watford tick all these boxes, making this location an increasingly attractive choice for ambitious businesses looking to scale or relocate.
Watford and its surrounding areas are flourishing, with 655 new businesses opening in 2023, showing the region’s growing appeal to the SME business community and dynamic local economy.
Global connectivity and proximity to London
One of Watford’s most stand-out strengths is its exceptional transport links. Watford Junction offers direct rail services to London Euston in just 20 minutes. Meanwhile, the nearby M1 and M25 motorways provide excellent transport links across the UK. Plus, being close to both London Heathrow and Luton airports enables seamless global connections for the 218 exporters and 353 companies with international parentage based in the area.
Whether you frequently travel for client meetings, want to ensure your employees have an accessible commute, or are looking to expand internationally, Watford is a well-connected and convenient location from which to base your business’ operations.
A thriving local economy
Watford’s dynamic business landscape fosters a collaborative and dynamic environment for businesses. Notable occupiers in Watford include TK Maxx, KPMG, Allwyn, and Ralph Lauren, in addition to Epson who have recently moved to the town, demonstrating that Watford is becoming an attractive base for several established, high-growth enterprises.
Similarly, the town’s startup culture is also gaining momentum, offering opportunities for networking and growth. Whether you’re an established business or a startup, office space in Watford offers a diverse environment to build your business and drive success.
Access to leading and emerging talent
With its proximity to London and local universities, Watford boasts a highly skilled and diverse workforce. Businesses benefit from a mix of ambitious graduates and experienced professionals across various sectors, making recruitment easier and more efficient.
Additionally, Watford’s lower cost of living compared to central London makes it an attractive location for employees. This translates to higher staff retention and a more satisfied, productive workforce, which are both crucial factors in a company’s long-term success.
Affordable and high-quality office space
The rental prices for offices in London are the highest in the country. Watford offers a considerable discount whilst also offering best in class facilities that measure well on sustainability, amenity, and vibrancy.
These factors allow a company to optimise their budgets and ensure an office environment where employees feel their wellbeing is considered – leading to an energized and happy workforce.
A great work/life balance
Happy employees are productive employees and Watford’s blend of green spaces and cultural attractions makes it a highly desirable place to live and work.
Cassiobury Park, one of the UK’s finest green spaces, offers a tranquil escape from city life, while the town’s growing entertainment and dining scene means there’s plenty for employees and residents to do when they are not in the office.
For example, when PwC opened their Watford office, their Chairman and Senior Partner, Kevin Ellis, said “It’s great to be opening a new office in Watford and shows the value we place on having a strong regional presence. The events of the last year have highlighted the importance of office life, alongside remote working, to best support our people, clients and communities. This hub will ensure the best of both worlds.” Put simply, employees get an ideal combination with a Watford office; easy access to the capital and a more relaxed and affordable lifestyle.
Is your business ready to capitalise on this potential with office space in Watford?
Get in touch with our property experts to explore the best office suites in the Watford area.
