Total occupancy cost for Grade A office space in Cardiff: $111.29 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Cardiff Office Cost Breakdown (USD/sqft/yr)
Rent: $37.15/sqft/yr
Service Charge: $5.72/sqft/yr
Property Tax / Business Rates: $15.24/sqft/yr
Fit-Out (amortised over lease): $28.4/sqft/yr
Facilities Management: $11.8/sqft/yr
Utilities: $6.0/sqft/yr
Reinstatement / Dilapidations: $5.59/sqft/yr
Total Occupancy Cost: $111.29/sqft/yr
Cardiff Serviced Office Costs
Serviced and flexible office space in Cardiff costs between $225.0 and $390.0 per person per month, with a mid-market rate of $305.0 per person per month.
Use tendre Occupancy Cost Pro to compare leased, managed and serviced office costs across Cardiff and 200+ other global markets. Benchmark your occupancy cost, model scenarios and export for your board.