Latest Flex Office Market Insights: UK Flexible Office Space Report - Q3 2023
Rubberdesk has 1,095 office spaces with a total capacity for 28,764 desks across 267 buildings, all available to rent right now in City of London with live prices.
|Median Office Space Per Person||£678|
|Median Coworking Desk Rate||£325|
|Flex Floorspace Available (sq. ft.)||1,116,150|
|Available Desk Capacity||28,764|
|City||1-4 Desks||5-10 Desks||11-15 Desks||16-25 Desks||26-50 Desks||50+ Desks|
Source Rubberdesk. All prices accurate as of September 2023
Known locally as the Square Mile, or simply just the City, this small district on the Thames is London’s financial district. It’s home to some of the world’s major financial, insurance, and banking institutions, including Goldman Sachs, Accenture, and Ernst & Young.
But in recent years, the City has attracted droves of startup entrepreneurs after their share of its world-class financial services sector. According to the City of London Corporation, these small and medium-sized enterprises (SMEs) now make up more than 98% of business activity in the City.
With several universities located within the Square Mile, there’s a lot of up-and-coming professional energy, too. You’ll find plenty of local cafes, pubs, and restaurants — including some of the most sought-after eateries and bars in London — which cater to the area’s students and working professionals alike.
As a powerful player in the global economy since the 19th century, the City’s a central part of London’s transit system. Several Underground stations serve this square mile, offering service to the Circle, Metropolitan, Northern, Waterloo, and Hammersmith & City lines. The DLR and Thameslink also stop in the City, as will the new Elizabeth line.
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