Blog , News
Liverpool’s business scene is on the rise – and with it, demand for high quality commercial space has grown. There’s never been a better time for building owners to make big profits – but only if they can satisfy the evolving market. This is where the right property management company can help.
Liverpool has been known for its European City of Culture status, the multiple icons it’s gifted to the world, and a colourful history of industry that rivals Manchester. Now, with over 16,000 start-ups calling Liverpool and the Wirral home, it looks like the next chapter of the city’s illustrious life will be defined by small business innovation.
A Helping Hand
Of course, innovation doesn’t always happen overnight, and Merseyside’s success has had a helping hand in the form of the New Enterprise Allowance (NEA) – a programme offered by Jobseekers which helps new businesses with costs and mentorships to get their idea off the ground.
Between Liverpool and the Wirral, 2500 new businesses have opened with thanks to the scheme, beating out any other area in the North West, and confidently demonstrating Liverpool’s commitment to encouraging start-ups.
With thousands of small businesses finding success in the area, however, resources have become high in demand – and that’s where building owners can profit from the area’s start-up success, whilst offering a helping hand to start-ups ready to take the next step.
A region’s success can’t depend entirely on the number of start-ups it has, and Liverpool’s 16,000-strong community understands this, setting their sights on bigger things, with expansions and further innovation on the cards.
This also means that small business owners are making plans to acquire office space that meets their rising demands – and the NEA is playing a big role in encouraging these future plans.
As a tech-heavy start-up community, it’s clear that Liverpool’s small businesses are after office space which can provide them with high speed internet, whilst also ticking off the rest of their checklist: well-maintained spaces, affordability, and a clean environment.
For building owners, addressing the mere demand of any old office space won’t be enough to attract and retain tenants such as these – they need to go above and beyond to provide these demands, and partnering with a property management company could be the easiest way.
A Match Made in Heaven
Increasingly, building owners in Liverpool are turning to a property management company to ensure that their workspaces are rising to the demands of the thriving business community, to great success. By working closely, all parties can benefit: the property management company provides the services necessary to keep tenants happy, small businesses have room to grow and work, and the building owners get to be a part of the city’s current start-up boom.
What’s more, building owners have much of the day-to-day stress taken away from them, with property management duties falling to a trusted third party who can ensure tenants feel looked after, and in turn, pay on time.
And if profiting isn’t enough, building owners can also be satisfied knowing that they’re contributing to the continual development of businesses across the area – they’re actively playing a role in nurturing Liverpool’s evolving business scene, which is a reward in itself.
So, if you’re a building owner looking to meet rising demand from Liverpool’s business community, make sure you can give them what they want by partnering with a property management firm with everybody’s interests at heart.
Crowd UK is a property management company with expertise in keeping all parties happy, and providing the highest quality commercial property as standard. To find out more, please feel free to explore the website, or alternatively, get in touch with our team directly.