How Much Does it Cost to Rent Office Space in Leeds?

Leeds Office Price Summary - Q4, 2022

Leeds is a vibrant city located in the United Kingdom that has been lauded for its strong economy and diverse business climate. The latest figures show that the city is home to 32,000 VAT-registered businesses and more than 6,000 small and medium-size enterprises. The number of mid-size and large companies and organisations based in Leeds is significantly above the national average.

The leading industries present in Leeds include financial and business services, retail, healthcare services, and an expanding tech sector.

Like most large cities, the majority of the flexible offices are located in the city centre, primarily in Deansgate with a great selection just outside the city limits in Old Trafford.

Traditionally, prices for serviced offices in Manchester have been almost half the cost of offices in Central London. Like London, prices and supply in Manchester have been impacted by the pandemic with the median price across Greater Manchester dropping 13% from £429 in May 2020 to £373 per person in Q4 2022, while the available number of offices and square footage has increased from 120,000 sq. ft. to 289,100 sq. ft. for the same period.