15 office spaces to rent in London at Penway Holdings

As of September 2026, the median private office in London costs £515 per desk per month, and a coworking desk £300 per month. Flexible office space is priced per desk (or per person) per month, and that figure normally covers rent, business rates, utilities, internet, cleaning and reception, so a team of ten should budget roughly ten times the per-desk rate with no separate bills on top. Location is the biggest driver: Central London and the City sit well above the median, while East and South London sit below it. The figures on this page come from the live listings on Rubberdesk and are refreshed weekly; the London Flexible Office Market Report tracks them quarter by quarter.

Prices fall as you move away from the West End and the City. As of September 2026, the median private office desk costs £676 a month in Central London, £424 in West London, £346 in North London, £427 in East London and £315 in South London. Within Central London the City of London averages £709 per desk. If budget matters more than postcode, look at well-connected areas one or two stops out on the same line: Stratford, Bermondsey, Hammersmith, Camden and Croydon all offer serviced offices at a fraction of West End rates.

A serviced office is a ready-to-use private office inside a shared building: furnished, connected, staffed reception, shared meeting rooms and kitchens, on a single monthly licence fee with terms from one month upwards. A managed office is a self-contained floor or suite that an operator fits out to your specification and runs for you, still on one monthly bill, but typically on a 12 to 36 month term and for teams of 20 or more. Serviced suits growing teams that value flexibility; managed suits companies that want their own front door and branding without taking on a conventional lease. Rubberdesk lists both, and the City of London price guide compares what each costs.

Almost everything. The monthly fee for a serviced office normally includes the rent, business rates, service charge, utilities, high-speed internet, furniture, cleaning, building security, staffed reception and use of shared kitchens and breakout space. Meeting rooms are usually included up to a monthly allowance and charged by the hour after that. Things to check before signing: printing, parking, out-of-hours access, whether phone lines and IT support are extra, and the size of the deposit (typically one to two months). Every Rubberdesk listing shows what is included, so you can compare like for like.

Faster than most people expect. Coworking desks and many serviced offices can be occupied within a few days of agreeing terms, because the space is already furnished and connected; a week or two is typical once you allow for the licence agreement and deposit. Managed offices take longer, usually four to twelve weeks, because the operator fits the space out for you first. The quickest route is to tell us your team size, budget and preferred areas: we shortlist available offices, arrange viewings and negotiate on your behalf at no cost to you.

Flexible offices in London are planned at roughly 50 square feet (about 4.6 square metres) per desk, which is the convention used for the floorspace figures on this site. Allow more, around 75 to 100 square feet per person, if you want private meeting rooms, a kitchen of your own or space to grow into. In practice most teams choose an office by desk count rather than floor area: as of September 2026 there are 87,779 desks available across London on Rubberdesk, from single-desk offices to whole floors.

No. Serviced and coworking space is let on a licence agreement rather than a lease, with terms from one month and twelve months being the most common. Notice periods are usually one to three months and the price is fixed for the term, so you are not exposed to rent reviews, dilapidations or business-rates bills. Managed offices sit in the middle, at one to three years. A conventional lease on a self-contained office runs five to ten years with a legal process and fit-out costs on top, which is why most London businesses under 50 people choose flexible space instead.