Market Insights: London's Flexible Office Space Market Report - Q3 2024
Spanning an area of 1,572 km², London is consists of 5 main areas including Central, South, North, West, and East London.
With over 200 five-person offices across London's 5 main sub-regions, there are flexible spaces located in brand new buildings to renovated warehouses for every budget. Of course, like many choices in business, the costs vary by location and proximity to transit and other amenities. Whether your budget is tight or you prefer to be outside London Central, there are some very affordable options for a team of five to be found.
Median Office Rate Per Person | £700 |
---|---|
Median Coworking Desk Rate Per Person | £395 |
Flex Floorspace Available (sqm) | 4,345,500 |
Available Desk Capacity | 86,910 |
Median Office Rate Per Person | £400 |
---|---|
Median Coworking Desk Rate Per Person | £280 |
Flex Floorspace Available (sqm) | 296,250 |
Available Desk Capacity | 5,925 |
Median Office Rate Per Person | £443 |
---|---|
Median Coworking Desk Rate Per Person | £292 |
Flex Floorspace Available (sqm) | 376,950 |
Available Desk Capacity | 7,539 |
Median Office Rate Per Person | £465 |
---|---|
Median Coworking Desk Rate Per Person | £228 |
Flex Floorspace Available (sqm) | 738,700 |
Available Desk Capacity | 14,774 |
Median Office Rate Per Person | £338 |
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Median Coworking Desk Rate Per Person | £249 |
Flex Floorspace Available (sqm) | 148,250 |
Available Desk Capacity | 2,965 |
The median cost to rent a shared office for 5 people in London is £2,950 per month. The price varies by region with East London having a median price of £1,875 compared to Central London at a median price of £3,250.
Like many large major cities, you'll find the most options and availability of offices for up to 5 people in the Central core of London, with East and West London also having good availability.
UK standards recommend 5 square metres per person or 25 square metres for an office for 5 people (54 square feet per person or 270 square feet for a team of 5).
Whether you need one desk or space for 100 staff, we have a large selection of flexible office spaces to choose from.
Have a larger team? Try a 10 Person Office in London.
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.
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