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.
|Sub Region||Median Price Per Person|
With 45% of the flexible offices for teams of 5 located in Central London, you'll find the most options with a median price of £3,345. To save a bundle on your monthly rent, look North where the median price of an office for five will set you back approximately £2,500 per month. If you don't mind working on the fringe but still close to the action, rents in areas like Canary Wharf in the East will come in around £2,720. In the West, the most expensive region of London for a 5 person private office, you'll be able to let an office at a median price of £3,720. Finally, though supply is a bit more limited, you'll still find reasonable rents in areas like Wimbledon and Putney at a median price of £3,175.
The median cost to rent a shared office for 5 people in London is £2,905 per month. The price varies by location with North London having a median price of £2,500 compared to Central London at a median price of £3,345.
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 North 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). With Covid-19 thouhgh, more space may be required to provide proper spacing for physical distancing.
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.