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At the moment, the office market in Watford experiences a slight shortage in supply and the majority of the prime office locations concentrate around the railway station area, as many people travel to Watford for work. For an average price of £300 per workstation, you can move into a modern office building in the heart of Watford. The commercial property market offers distinct rental options such as private and shared offices, hot desk rental, hourly rent of desks, meeting rooms as well as virtual address establishment. Serviced offices in Watford can compete on London’s office market as they are equipped according to the latest demand. Tenants get to make use of 24/7 access, daily cleaning and pristine office management. Furthermore, while being just as good, offices in Watford cost significantly less, when compared to London prices.

Watford has managed to remain a strong location for business and industry for the past 2 decades. Its success is ensured by a number of factors: proximity to London, excellent transportation links, lower business and living costs (when compared to London) and smart city planning. So far, the city has managed to ensure a growing economy represented by different sectors. The town is home to businesses working in financial services, healthcare and research, pharmaceuticals, media, retail as well as manufacturing. Watford Borough Council has recently committed to a redevelopment programme for the town centre. Over the next 10-15 years, more than £1.5bn will be invested in the town, including an extension of the Intu Watford shopping centre, extension of the Metropolitan Underground Line, and a major mixed use redevelopment of the land surrounding Watford Hospital.

Watford is home to almost 100 thousand people and has a comparatively young population when compared with the Eastern and national averages. The town is home not only to the local population, but to a large share of young professionals, who can’t afford expensive housing in London, yet work there. Thanks to a comprehensive transportation system, Watford serves as an alternative housing solution and ensured a comfortable daily commute to the capital. The town combines two worlds. You can enjoy a calm rural lifestyle as well as access the business and leisure benefits of a metropolis just 10 minutes away. Nevertheless, if you don’t feel like going to London for a night out, you can always stay and enjoy rather lively nightlife in the city centre of Watford.