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Market overview

Bluewater may top the shopping-centre charts, but Kent’s office and industrial sectors are still catching up

Offices: Availability

Larger units dominate

Source: EGProperty Link

Rents

Average quoting rents

Source: EGProperty Link

Offices

” Ashford has the most available office space, 21 properties totalling 344,923 sq ft

” At 48, Maidstone has the highest number of individual properties available, a total of 183,468 sq ft

” In the office sector, the highest average quoting rent is in Maidstone – £21 per sq ft for offices over 20,000 sq ft, while Ramsgate has the lowest – £4.54 per sq ft for 5,000-10,000 sq ft units

Industrial: Availability

20% of properties are over 30,000 sq ft

Source: EGProperty Link

Rents

Average quoting rents

Source: EGProperty Link

Industrial

” Dartford has the most available industrial space; 939,306 sq ft in 17 properties

” There is more space available in Ashford than in other Kent centres. It has 38 individual properties available, totalling 359,675 sq ft

” Bromley has the highest average quoting rents: £10.49 per sq ft for units under 10,000 sq ft. At £2.10 for units of 10,000-30,000 sq ft, Ramsgate has the lowest

Retail research: Comparison*

Bluewater leads the way

Source: Experian

Catering and bars*

Amount of offer varies

*% of space in centre

Retail

” Bluewater dominates comparison shopping in Kent, where the number of stores is 32% above the national average. But it lags behind on its catering and bar offer, at 10% below the national average

” Comparison shopping in Dartford is 4% below the national average and its catering and bars offer is 3% below the national average

” 60% of the units in Centros Miller’s Fremlin Walk scheme in Maidstone have been prelet prior to construction starting in September

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