What's new with Flex and Serviced Office Space in London
From operator expansion, national pricing trends, the impacts of COVID-19 and the outlook for flex space in 2022, here is your full overview of the Flexible Office Market in the United Kingdom.
It's been a challenging two years, but the outlook for the Flex market is positive.
- Operators have continued to expand despite COVID-19 setbacks
- Brokers are seeing an increase in office enquiries
- Flex occupancy is increasing
- A shift from working from home to a hybrid approach works in the favour of Flexible Office Space providers
Read the latest news:
Central London
Central London Vacant Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £725 | £360 | 2,2M | 42,415 |
Source Rubberdesk real-time availability.
Landmark set to open its newest location in Kings Cross
Coming in April 2022, Landmark Space are opening a brand new signature building in King’s Cross. This is an iconic period building with a lighthouse on its roof, projecting a striking image visible from nearby Kings Cross station. Landmark will imaginatively refurbish five floors, blending old and new to create a modern mix of coworking Club Space and private offices that are a joy to work in.
Citibase Holborn
The new centre adds to Citbase's impressive network of business centres across London, making it their sixth centre in the capital. Housed in the impressively refurbished Fox Court on Grays Inn Road, the centre offers customers stylishly designed breakout and communal areas, modern, state-of-art meeting room facilities, and both co-working and private workspace.
Kitt Offices open in Covent Garden
80 Strand is an iconic Grade A listed building that has been refurbished to the highest standard. Kitt is offering a newly fitted out 8,000 square foot space on the 4th floor with a high-end fit out which is available until June 2024. Kitt has also expanded to 33 Cavendish Square.
Work.Life opens vibrant coworking space in Shoreditch
Whether it’s through wellness events and skill-sharing workshops, or artisan coffee, Work.Life have created a space where members can work collaboratively, productively, and, most importantly, work happier. Work.Life's expansion doesn't stop here with their 11th coworking space opening soon in the City of London, five minutes from Liverpool Street & Moorgate stations.
Canvas Offices newest location in Central London
With a traditional design and a contemporary twist, these private offices in Mayfair embrace the building’s original high ceilings, wooden floors and are awash with natural light. These newly refurbished offices boast three kitchens, three communal meeting rooms, a manned reception and a large break out area.
Situu opens in Farringdon
Located in a beautiful period building, Situu's newest location offers various self-contained options available from 2,000-2,500 sq ft or 30-40 desks with multiple options for meeting rooms, break-out space and dedicated kitchens. The most unique feature of this space is found between the 4th & 5th floors. The floors are let together as interlinked floors and a mezzanine - with a slide being the main route of transport between the floors!
North London
North London Vacant Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £550 | £275 | 327,500 | 6,220 |
Source Rubberdesk real-time availability.
Spaces opening in Finsbury Park April 2022
Spacesbrand-new location is designed to make the most of what the area has to offer. Natural light on both sides of the building helps reduce energy usage while offering views out onto the bustling streets below. The office will have 84 private offices, coworking, a large business members lounge, meeting booths, a community table, coffee bar and three meeting rooms of varying size for hire.
The Office Group opening in London's Knowledge Quarter
Opening in Spring 2022, TOGwill transform a 1980’s office building, into a highly specified contemporary open-plan workspace to appeal to businesses of all sizes. This exceptional office space will be focused on strong sustainability and wellbeing principles, delivering a record 16 accessible terraces, offering panoramic views over Central London.
Citibase opens its 6th and 7th centre in London
Citibase opened their Islington and Finchley locations in 2021. Both locations have been stylishly designed with breakout & communal areas, modern, state-of-art meeting room facilities, with both co-working and private workspace. Citibase has seen incredible growth with the further expansion in Manchester, Birmingham, Newcastle and Livingston.
South London
South London Vacant Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £650 | £375 | 693,850 | 13,496 |
Source Rubberdesk real-time availability.
The Office Group opens in Borough Yards
Opening in May 2022, The Office Group's newest location has been designed in collaboration with Studio David Thulstrup. TOG are creating a striking new space in London's most exciting redevelopment. Amenities include event space, meeting rooms, phone booths, roof terrace & more.
Spacemade opens 2 new suburban offices
Spacemade has partnered with Wittington Investments to operate a 6,000 sq ft luxury coworking space on Wimbledon Village High Street. Its other new site is a 10,000 sq ft warehouse building in the centre of Cricklewood, owned by landlord Ziser.
LRP opens its 13th centre in London
Located at 79-80 Blackfriars Road, LRP has over 8,000 sqft of available office space spread across 7 floors. The building has been recently redecorated and each floor offers the flexibility of a different layout based on the client’s exact requirements. The Centre is offered on a self-contained/ managed basis.
East London
East London Vacant Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £435 | £260 | 579,550 | 11,121 |
Source Rubberdesk real-time availability.
Sittuu's newest managed office
Recently listed on Rubberdesk is Situu's newest self-contained office space. The office is arranged over the ground floor and mezzanine level with double floor to ceiling heights on entrance. The space benefts from from having it’s own private meeting room, kitchen area and shower. The building is close to Southwark Bridge Road and within walking distance to Borough Underground station with various attractions like Borough Market and the Bankside localities. London Waterloo Station is also a short walk away.
West London
West London Vacant Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £691 | £360 | 832,550 | 16,014 |
Source Rubberdesk real-time availability.
Fora set to open 2 new locations in 2022
Opening in June 2022, Fora’s latest tailor-made location in London’s West End seamlessly blends comfort and functionality. Featuring chic interior design and state-of-the-art amenities, Fitzrovia - 22 Berners Street boasts an unbeatable location between Oxford Circus and Tottenham Court Road Stations. Fora also is set to open in the transformed 1950’s Parcels Building bringing to life 22,900 sq ft. of light-flooded workspaces across five floors.
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