How Much Does it Cost to Rent an Office In London and Our Top 8 Picks
Search for office space in London's best locations.
London is an incredible place for business. The UK’s capital is vibrant, diverse, and full of talent. Whether you’re an established company or just getting started, the city has a lot to offer.
The problem, however, is that London can be expensive. It can be difficult for startups and small businesses to find an affordable space. Fortunately, if you know where to look, there are several more affordable areas.
We’ve got eight incredible and unique spots within London that make excellent places to rent office space and set up your operations.
- How Much Does An Office In London Cost?
- Tips for Finding a Small Office Space In London
- Our Top 8 London Location Recommendations
How Much Does An Office In London Cost?
Central London by the Numbers
| Median Office Rate Per Person | £676 |
|---|---|
| Median Coworking Desk Rate Per Person | £350 |
| Flex Floorspace Available (sqm) | 4,501,350 |
| Available Desk Capacity | 90,027 |
It can be costly for small businesses and startups to rent office space in London. The median price is £675. You can also find some pretty great bargains, with Westminster on the top end at £800 to Hammersmith at £495.
Keep in mind that many office and coworking spaces charge per person (or desk), so you’ll need to consider the size of your team when determining your total monthly cost.
How Much Space Do You Need Per Person?
Another factor you’ll need to consider is how much space you need. The typical office space provided for a serviced office is 5 meters per person, plus access to meeting rooms and other common areas such as kitchens, breakout areas, privacy booths, courtyards, and more.
Tips for Finding an Office In London
Looking for the ideal office space in London can feel overwhelming at first. Here are a few tips that can help make the process a bit easier:
- Start by understanding what’s important to your business. Do you need to be near a specific location within the city? Do you need access to specific amenities in the building?
- Determine how long you’ll need the space. In some cases, signing an agreement for six months or longer can result in a price lower than the one listed.
- Consider the aesthetics. Great décor, lots of windows, and comfortable furniture can all help improve the comfort and happiness of your team. In turn, that can help boost efficiency.
Our Top 8 London Location Recommendations
Now let’s take a look at some of the best locations in London to rent an office space:
1. Paddington
Paddington may be one of the oldest areas of London, but it’s one of the best for new and established businesses. In addition to the Paddington tube station, the area is well-connected by road, bus, and train.
The area of Paddington has a lot to offer, including picturesque parks like Hyde Park and Kensington Gardens, Merchant Square, and gorgeous gardens. There are also numerous thriving restaurants and bars, so you and your team will always have somewhere to grab a bite for lunch or after work.
Private Office for up to 48 People | 2,597 Sq. Ft.
4 Kingdom Street London, W2
Private Office for up to 100 People | 5,768 Sq. Ft.
2 Kingdom Street London, W2
78 Person External Private Office with 3 Internal Rooms, 2 Phone Booths & Breakout | 3,158 sqft
02-120, 5 Merchant Square London, W2
2. Waterloo Station
Located in South London, Waterloo is full of cultural sights, tourist attractions, and an array of bars and restaurants where workers gather at the end of the day. Here is where you’ll find the London Eye, the Old Vic Theater, and the Jubilee Park and Gardens.
You can take a stroll along Southbank or check out the shops at Gabriel's Wharf. Waterloo is also right near Waterloo Station, UK’s largest and busiest tube station.
2 Person Private Office in London
16, 121 Westminster Bridge Road London, SE1
4 Person External Private Office
141-142 Lower Marsh London, SE1
38 Person Private Office in London
2A, Level 2, 91 Waterloo Road Capital Tower London, SE1
3. Victoria Station
Named after Queen Victoria, London Victoria features a vast array of historical and modern attractions. It includes Buckingham Palace, Westminster Abbey, and the House of Parliament. You can catch a show at the Apollo Victoria Theater or take a stroll through the Royal Parks.
Victoria Place and Cardinal Place shopping centers also offer numerous high-end shops, bars, and restaurants. An office space here puts you and your team right in the middle of a lot of action, and you’ll always have plenty to see and do.
12 Person Private Office | 514 Sq. Ft.
1.08, Belle House, 1 Hudsons Place London, SW1V
14 Person Private Office | 547 Sq. Ft.
2.04, Belle House, 1 Hudsons Place London, SW1V
7 Person External Office Available | 309 Sq. Ft.
1.02, Belle House, 1 Hudsons Place London, SW1V
Rubberdesk is 100% free to use
Search, tour, book & get confidential expert advice for free and with no obligation.
Or Call 0800 699 0655
4. Fitzrovia
Fitzrovia is a bustling neighborhood in Central London that’s home to many creative businesses. The diverse area is often described as “eclectic” or having a “bohemian history.” It’s certainly one of London’s most unique spots.
Here, you’ll find places like Fitzroy Square, one of the finest garden squares in the city, the West End, an area that attracts creative types, and an assortment of independent cafes and restaurants.
2 Person Internal Private Office
4 Winsley Street London, W1W
Managed Office Space for up to 85 People with Meeting Room | 5,100 Sq. Ft.
365 Euston Road London, NW1
9 Person Window Office Available
85 Tottenham Court Road London, W1T
5. Hammersmith
Hammersmith is an artsy part of London bordered by the River Thames to the south. King Street, which was once the main road to Windsor Castle, is lined with all manner of international cuisine and gastropubs. The area is home to Shepherd’s Bush Market, one of the city’s most vibrant multicultural markets.
You can enjoy music at the Eventim Apollo after work or check out the shops at Westfield, Europe’s largest shopping center. In other words, you’ll never run out of things to do here.
Private Office for up to 22 People
77 Fulham Palace Road London, W6
75 Person External Private Office in London | 2,900 Sq. Ft.
1 Butterwick London, W6
New build Office with Tea room and 2 bathroom, 5 min Hammersmith
Beryl Road London, W6
6. Liverpool Street Station
The area near Liverpool Street Station also makes an ideal spot for a startup or small business. Choosing an office space here provides you and your team with access to amazing markets like Old Spitalfields, iconic sights such a the Tower Bridge, and trendy Shoreditch.
Liverpool Street Station features interesting shops, restaurants, and a couple of watering holes.
Private Office for up to 22 People | 1,530 Sq. Ft.
Nicholls and Clarke, 3/10 Shoreditch High Street London, E1
23 Person Private Office in London | 639 Sq. Ft.
06, Level Ground, 42 Princelet Street London, E1
13 Person Private Office in City of London
63 Saint Mary Axe London, EC3A
7. King's Cross
King’s Cross is a major railway hub in London. There’s also a variety of things to do nearby, including boutique shopping at Coal Drops Yard and the fountains at Granary Square.
You can check out the floating bookshop Word on the Water, sample foods from a range of amazing restaurants, and browse the Canopy Market. For Harry Potter fans (or team members with kids who are fans), there’s also Harry Potter’s Platform 9 ¾.
7 Person Internal Private Office
16 Upper Woburn Place London, WC1H
62 Person Managed Office | 2,674 Sq. Ft.
Channel, 22 Northdown Street London, N1
66 Person Private Office | 3,382 Sq. Ft.
2.04, 2.05, 2.06, 2.07, Gridiron Building, 1 Pancras Square London, N1C
8. Soho
Soho, in London’s West End, is an area that’s always full of energy. As one of the most vibrant parts of London, it’s known for delicious restaurants, a lively nightlife scene, and so much more.
A stone’s throw from Fitzrovia in the north, this part of the city is also quite unique. Not only could your business thrive here, but you’ll always find something fun and interesting to do.
26 Person Private Office in London | 2,100 sq ft
Level 4, 11 Bear Street London, WC2H
10 Person Managed Office in Soho | 475 Sq. Ft.
Level 6, 140 Wardour Street London, W1F
38 Person External Private Office in London | 1,150 sq ft
2.06, 2.07, Ingestre Court Ingestre Place London, W1F
Find Office Space in London Today
Whether you want an office space located near a railway, one that’s the center of a shopping or cultural hub, or some other location, you can find the perfect coworking space for your team with Rubberdesk.
We can connect you with serviced office space solutions in London and beyond. Reach out to us today to learn more.
Local market experts with you every step of the way.
As specialist brokers in the flexible office market, Rubberdesk is across all the options, offers and availability. We have real time pricing for thousands of spaces listed by hundreds of providers to help find your next office.
It's EASY, FAST and FREE to use Rubberdesk.
Start by telling us what you need.
We'll give you a call back with a bespoke shortlist of options to discuss.
Or give the experts a call +44 (0)800 699 0655
Compare the UK's Best Coworking and Serviced Offices
Frequently Asked Questions
What does it cost to rent an office in London?
The median price is £650. You can also find some pretty great bargains, with Westminster on the top end at £778 to Hammersmith at £495.
Where are the best locations for offfice space in London?
The most popular locations for serviced offices in London include: Central London, Canary Wharf, Paddington, Hammersmith, Soho, King's Cross, Fitzrovia and Holborn.
