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Fit Out Guide Fit Out Guide

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Fit Out Cost Guide

Our London & South East Occupier Fit Out Cost Guide sets out average commercial fit out costs across a range of sectors, to help guide occupiers through the early stages of defining their relocation fit out budgets.

Our guide also provides an 'all-in' section to include furniture, audio visual, professional fees and contingency allowances associated with delivering low, medium and high-quality fit out projects within London and the South East.  

Following Brexit and the easing of the COVID-19 UK restrictions, price levels have risen due to increased material costs and labour shortages. In addition, the office is evolving, and clients are adopting more flexible working models, with greater focus on collaboration and technology. Sustainability is also becoming an increasingly important consideration - all of which have material impact on costs.  

Key Findings:

  • Demand is currently in danger of outplaying supply, which is filtering through into increased tender returns.
  • Several factors have continued to impact tender pricing following Brexit and the easing of the COVID-19 UK restrictions, including trade labour and material shortages.
  • Due to buoyant demand, contractor appetite for risk is reducing.
  • Increased collaboration spaces and technology to support virtual meetings are now key components of a fit out.
  • Despite the cost implications of enhancing sustainability during a building fit out, a well-designed resource efficient fit out will reduce business operation costs.
  • Current inflation provisions are higher than in recent years. 
  • Cushman & Wakefield forecasts that price levels will continue to increase into Q1 2022.

For more information on the guide or our cost consultancy services, please get in touch with a member of our team

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Project Development

Whether you’re an occupier or investor in real estate, working on a single asset or across an international portfolio, we’re ideally placed to support you with a comprehensive range of Project & Development Services.

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With extensive commercial expertise and a deep understanding of the property life-cycle requirements of investors, occupiers, lenders and developers, our building consultancy team provides specialist advice across the full spectrum of building surveying services.

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Our Building Engineering Services team can provide all design and management services relating to the mechanical, electrical and public health elements within all building types, across all sectors during initial construction, fit-out and occupancy stages.

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We offer a comprehensive range of cost consultancy services to meet your needs throughout the building and project lifecycles.

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Perhaps you have a good understanding of your real estate requirements and want the certainty of a fixed price with an expert partner?

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Interior Design

We specialise in commercial interior design within the London market and across the whole of the UK, using our experience and expertise to help improve your business.

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Project Management

Cushman & Wakefield’s Project Management team comprise a group of dedicated and experienced project management professionals delivering high quality schemes across a selection of Client sectors throughout the UK.

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Sustainability
Climate change and limited natural resources mean that the traditional approaches of the property sector need to change radically.
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