Market Insights: London's Flexible Office Space Market Report - Q3 2024

Your Price Guide for Office Space Near London's Circle Line

Your Price Guide for Office Space Near London's Circle Line

London's Circle line provides access to 36 stations, including some excellent locations, such as Farringdon, Liverpool Street, and Paddington. Here are some of the best places on the circle line to rent an office.

With 36 stations, the Circle Line connects commuters from one of London's many other tube lines including the Elizabeth Line and Northern Line to key areas of the City of London and to West London providing access to the highest concentration of flexible office space than any other line. From premium enterprise offices chalked full of amenities to smaller 5-person offices in boutique spaces, the Circle line has something on offer for every budget.

If you're searching for the perfect office space on the Circle Line, there are a few things you'll want to keep in mind. Location is key when it comes to finding the best office space on the Circle Line. You'll also want to find an office space that's within a 10-minute walk from the station to your new office and includes plenty of options for lunch to take a break or entertain clients.

From private meeting rooms to shared kitchens and gym facilities you're sure to find an office along the Circle Line with the necessary amenities to attract new staff and keep current employees happy.

Here are the top locations around London's Circle Line to find an office space for your business needs. For a local perspective, check out the Pro Tip for each of the following stations.

London Circle Line Price Guide Infographic

How Much Does it Cost to Rent Office Space on the Circle Line

Photo: Big Ben @ Westminster Station on London's Circle Line

From Hammersmith to Farringdon to Liverpool Street, you'll find a variety of office options for your business. Whether it's a small team of 20 or a larger team of over 100, there are spaces for everything in between. The following table breaks down the price of offices by size for all relevant stations along London's Circle Line.

Station 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Paddington Station £790 £763 £833 £825 £813 £934
Farringdon Station £617 £549 £580 £567 £567 £875
Edgware Road Station £842 £875 £910 £906 £853 £1,177
Baker Street Station £825 £535 £665 £507 £505 £493
Great Portland Street Station £1,350 £600 £397 £693 £638 £1,755
Euston Square Station £360 £400 £496 £574 £600 £665
King's Cross Station £799 £775 £630 £650 £696 £1,077
Barbican Station £690 £549 £585 £700 £549 £884
Moorgate Station £760 £624 £699 £665 £678 £665
Liverpool Street Station £694 £625 £640 £642 £725 £734
Aldgate Station £355 £400 £475 £655 £589 £650
Tower Hill Station £774 £500 £605 £700 £652 £657
Monument Station £717 £610 £670 £713 £719 £865
Cannon Street Station £600 £600 £600 £600 £600 £662
Mansion House Station £750 £450 £500 £557 £980 £985
Blackfriars Station £625 £550 £550 £618 £736 £812
Temple Station £750 £550 £616 £600 £669 £834
Embankment Station £500 £558 £683 £570 £584 £644
Westminster Station £850 £850 £954 £909 £892 £949
St Jame's Park Station £435 £790 £9541 £909 £892 £949
Victoria Station £511 £650 £840 £703 £840 £807
Sloane Square Station £1,024 £933 £667 £794 £753 N/A
South Kensington Station £1,200 £667 £667 £560 £675 N/A
Gloucester Road Station Station £600 £900 £929 N/A £675 N/A
High Street Kensington Station £600 £680 N/A £520 £1,142
Notting Hill Gate Station £534 £315 N/A £747 N/A N/A
Bayswater Station £300 £250 N/A £342 N/A N/A
Royal Oak Station £338 £263 £263 £375 £427 £588
Westbourne Park Station £263 £263
Wood Lane Station £683 £617 £711 £525 £654 £491
Hammersmith Station £573 £530 £547 £525 £557 £541

Source Rubberdesk. The median price is shown per person per month based on a 12-month term - July 2024

Office Space Near Paddington Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£785 £425 63,350 1,267

Earlier in the day, Paddington was called the ''gateway to London'' since it was the first London terminus for the Great Western Railway. It's now a bustling area with plenty of businesses, including media and publishing companies.

The area has also become a transport hub, allowing commuters to get high-speed trains directly to Heathrow airport. As a result, Paddington Station is the perfect place for international businesses that want to be close to an airport.

18 Spring Street London, W2

Up to 6 people
Private Offices

2 Eastbourne Terrace Western Fringe London, W2

Up to 8 people
Private Offices

5 Merchant Square Western Fringe London, W2

Up to 57 people
Private Offices

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Rent Office Space Near Farringdon Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£650 £375 289,000 5,780

Farringdon Station is an ideal location for businesses in the legal and financial sectors. In addition, a large number of tech firms in the area provide a welcome pool of talent to draw from. Moreover, the rail links from Farringdon are excellent. The station provides access to the Thameslink, Metropolitan, and Hammersmith & City lines as well as the new Elizabeth Line.

Farringdon also has plenty of green spaces, offering a respite from the bustle of city life.

Pro Tip: Thanks to the new Elizabeth line and city Thameslink (links north to King's Cross and Luton as well as south to Gatwick), Farringdon is once again in demand. The area includes a mix of building styles and good availability that overflows into St Paul's, [Blackfriars]((https://rubberdesk.co.uk/location/blackfriars-station-london), Chancery Lane, and [Clerkenwell]((https://rubberdesk.co.uk/location/clerkenwell-london). The station also provides access to a good mix of managed and self-contained office spaces.

Fox Court, 14 Gray's Inn Rd. London, WC1X

Up to 21 people
Private Offices
Up to 22 people
Private Offices

3 Waterhouse Square 138-142 Holborn London, EC1N

Up to 68 people
Private Offices

Office Space Near Liverpool Street Station

Photo: Big Ben @ Westminster Station on London's Circle Line

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£710 £450 632,450 12,649

Though Liverpool Street Station has been in demand for many years, its popularity as a business hub has drastically increased thanks in large part due to the opening of the Elizabeth Line.

Whether you want to commute to work via the Liverpool Street station or take the tube served by the Central, District, Hammersmith, or Metropolitan Lines to reach another destination in the city, Liverpool Street is an excellent location for any business. With its central location, you'll be able to reach all of your clients with ease and reduce the daily commute for your team.

Some of the most significant names in the business world have their offices around Liverpool Street. The most notable example is Bloomberg, followed by Mimecast and Monzo. What's more, there are plenty of bars and restaurants in the area for after-work socialization and networking.

Pro Tip: Liverpool Street Station includes a wide variety of options for all business sizes including a mix of high-quality and budget-friendly spaces. Operators such as Regus and Landmark provide great corporate options while WeWork, FORA, Mindspace and Uncommon offices tend to be on a little on the trendy side.

46 New Broad Liverpool Street London, EC2M

Up to 30 people
Private Offices

19-21 Christopher Street London, EC2A

Up to 4 people
Private Offices
Up to 65 people
Private Offices

Rent Office Space Near Euston Square Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£788 N/A 59,300 1,186

Euston Square Station is located on the Circle line between Great Portland Street and Kings Cross St. Pancras. The area is home to many businesses that can serve as an inspiration to your budding entrepreneurial venture.

The area provides convenient transport links not just to London but also to the rest of the country. For example, your team can take the train from Euston to Manchester, Birmingham, the Midlands, or Glasgow to meet clients or attend work-related events.

Meanwhile, the Underground connects the area to Central, North, and South London, including London Bridge Station through the Victoria and Northern lines.

Kings Cross St. Pancras is just a few minutes from Euston Square, giving you access to multiple city-wide locations. Plus, the area is connected to the Piccadilly and Hammersmith & City lines. Here's the best part: Gatwick and Heathrow airports are just an hour away from Euston Square, allowing you to easily connect with clients or business partners from around the world.

177 Tottenham Court Road London, W1T

Up to 14 people
Private Offices
Up to 38 people
Private Offices

90 Whitfield Street London, W1T

Up to 80 people
Private Offices

Office Space Near Tower Hill Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£700 £425 168,250 3,365

Tower Hills offers a vibrant amalgamation of modern-day business and historical charm, providing the perfect environment for companies to excel. The area boasts a wide variety of office space and excellent transport connections to the rest of London.

Businesses in the area also have quick access to government, commercial, and financial institutions, making it an ideal location for those working in these industries.

**Pro Tip: ** Thanks to a strong supply of spaces, Tower Hill Station provides easy walking access to a range of offices with amenities such as gyms, breakout spaces, and everything in between starting as low as £298 per desk from the likes of Our Space for teams of 5-10 people to a median price of £848 for teams of 26-50 people from Halkin and BE Offices.

Up to 80 people
Private Offices

Dawson House, 5 Jewry Street London, EC3N

Up to 23 people
Private Offices

3 Lloyd's Avenue London, EC3N

Up to 6 people
Private Offices

Rent Office Space Near Hammersmith Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£544 £350 101,600 2,032

Being a commercial hub, Hammersmith is unsurprisingly one of the most popular places to rent an office on the circle line. There are plenty of excellent office buildings and business centres, including serviced offices.

The area has two tube stops, Hammersmith and Hammersmith Broadway, connecting it to the rest of London. There are also plenty of bus routes and overground trains. That's probably why Hammersmith and Fulham have nearly 13,000 businesses with 140,000 employees. Small or mid-sized tech businesses occupy most offices in the area. But, the area is also home to some large companies, such as Walt Disney Co Ltd.

Pro Tip: Within easy reach of the city centre, Hammersmith is ideal for businesses that want more out of their office budget with the median rate close to £500 across all office sizes. Vitaxo and Needspace? offer great budget options priced below £300 per desk while Hanna and WeWork and Hana offer higher end offices at a median price of £600.

184 Shepherds Bush Road London, W6

Up to 16 people
Private Offices

184 Shepherds Bush Road London, W6

Up to 12 people
Private Offices

3 Shortlands Hammersmith London, W6

Up to 3 people
Private Offices

Office Space Near Cannon Street Station

Photo: Cannon Street Station Sign on London's Circle Line

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£582 £350 167,150 3,343

Cannon Street is one of the most popular business districts in London. It's home to several businesses, including banks, accounting firms, and law firms. The area is also well-connected, with Cannon Street station providing access to the Circle line.

Plus, the Shakespeare's Globe Theatre in the area is an excellent place to take clients or colleagues for networking. The area is also home to several credit institutions and banks, making it ideal for businesses in the finance industry.

As for the transport links, Cannon Street Station is close to Bank Station. You can also take the bus from here to reach other parts of London or commute through other mainline stations just a few minutes from the area.

Pro Tip: At a median rent of £650 per desk, Cannon Street Station provides access to a full range of offices at different budgets from First Base and Beaumont at £366 and £475 per desk respectively to Kitt and Pavillion at £1,224 and £1,100 per desk.

27 Bush Lane London, EC4R

Up to 6 people
Private Offices

49 Queen Victoria Street London, EC4N

Up to 14 people
Private Offices

33 Queen Street Place London, EC4R

Up to 66 people
Private Offices

Rent Office Space Near Sloane Square Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£850 £300 10,050 201

Sloane Square is one of the most fashionable streets in London and is home to various high-end shops, restaurants, and cafes. It's also within walking distance of Sloane Square Station, making it an excellent location for businesses that want to be close to public transport.

Since the area is known for its ritzy fashion scene, it's ideal for businesses that want to project an upscale image. Moreover, Sloane Street is connected to the rest of the city through the London General, London United, and the District Line.

Pro Tip: Ideal for smaller teams looking for high-quality offices, Sloane Square Station provides access to spaces for less than 15 people ranging in price from £667 per desk for an 11-15 person office to £1,024 per desk for a 1-4 person office.

21 Ellis Street London, SW1X

Up to 14 people
Coworking Desks

146 Buckingham Palace Road London, SW1W

Up to 7 people
Private Offices

123 Buckingham Palace Road London, SW1W

Up to 61 people
Private Offices

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Office Space Near St James's Park Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£790 £400 40,500 810

If you're looking for an office space that also offers breathtaking views and is enclosed by nature, look no further than St James Park. The station is located right next to the park of the same name, which contains a beautiful lake, many walking trails, and plenty of benches and picnic tables to enjoy lunch on a sunny day.

The area surrounding the station is also full of restaurants and cafes — perfect for grabbing a quick bite before or after work. You'll also find plenty of spots near St James Park Station, such as the historic St James Palace, to impress clients or business partners.

Pro Tip: Though you'll find offices available for 1-60 people, supply around St Jame's Park Station is limited if you need more than 10 desks. With that said, BE Offices and Citibase for £315 and £420 respectively.

12 Caxton Street Alliance House, Victoria - Westminster London, SW1H

Up to 10 people
Private Offices

2 Queen Anne's Gate London, SW1H

Up to 15 people
Private Offices

12 Caxton Street Alliance House, Victoria - Westminster London, SW1H

Up to 18 people
Private Offices

Rent Office Space Near Baker Street Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£630 £425 40,950 819

London's Baker Street is known for being the home of Sherlock Holmes, but it's also an excellent place to rent an office. The area is full of restaurants, cafes, and shops, making it an excellent place for modern-day business.

You'll find many serviced offices in the area that offer amenities like meeting rooms and reception services. Baker Street Station is also well-connected, with multiple tube lines and bus routes nearby. The area has offices of many high-end businesses, such as Evolution Games, a company that makes live casino games. Likewise, you'll also find Publicis Group branches on Baker Street, as well as many communications, media, and advertising companies.

Baker Street Quarter Partnership also has a five-year business plan to improve the area's business environment. The project includes a Baker Street tube station upgrade, new public spaces, and improved street lighting. All of these upgrades and features can help your business thrive in the long run.

Pro Tip: From Regus to Workpad, you'll find offices available for teams of 1 to 50 people for a median rate of £460 per desk.

83-85 Baker Street Marylebone London, W1U

Up to 8 people
Private Offices
Up to 16 people
Private Offices
Up to 18 people
Private Offices

Office Space Near Notting Hill Gate Station

Median Office Rate Per Person Median Coworking Desk Rate Flex Floorspace Available (sq. ft.) Available Desk Capacity
£400 £400 1,300 26

Besides being a Hollywood movie location and a mecca for shoppers, Notting Hill Gate Station is also home to several businesses, including media and tech companies. There are plenty of coworking spaces and office rentals available in the area.

The area is accessible by bus, tube, and taxi. Apart from the Circle Line, the the Central and District lines also have stops in Notting Hill. If you have the budget for it, you'll be able to find serviced offices with a wide range of amenities, such as meeting rooms and break-out areas.

Pro Tip: Though options are limited you'll find a number of less expensive offices for teams of 1-10 people from Vitaxo and Nammu Workplace.

192-196 Campden Hill Road London, W8

Up to 6 people
Private Offices
Up to 27 people
Private Offices
Up to 25 people
Private Offices

Prices Accurate as of September 30, 2023

Compare Office Space Across London's Tube Lines

London stands as a beacon of global commerce, politics, and culture, providing businesses with top-tier office spaces and serviced offices that rival New York's offerings. The city's iconic Underground system ensures unparalleled accessibility, bypassing the challenges of urban congestion. Optimal proximity to tube stations is essential for facilitating seamless daily commutes, especially as businesses adapt to post-pandemic norms. With its expansive network spanning 11 lines, 270 stations, and 400 kilometers of track, the Underground remains the preferred choice for navigating London's bustling streets.

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