The range of commercial office space for rental in London is vast, ranging from basic second-hand properties needing decoration to new, top quality spaces that are newly refurbished with air conditioning. With the average price for a basic office space (per square foot, per annum) available for as little as £15.00 the possibilities are endless. Those looking for a more ready-to-go space where a business could move right in are available for up to £92.50 (per square foot, per annum), with some spaces for a mere £25.00 in trendy, sought-after areas of London, that are key to a successful business in the city.
For the best basic office in London for under £20.00 (per square foot, per annum) consider Hammersmith, one of West London's key transport hubs or travel to the East to Southwark, Waterloo and London Bridge, all with beautiful views of the River Thames.
Southwark is one of the oldest parts of Central London with views of the River Thames to the North and connections to London Bridge and Waterloo.
Waterloo is home to the Waterloo Quarter, a business improvement district perfect for new businesses starting out looking for cheap commercial office space with great links to the rest of London.
For commercial offices in London, where the price is reasonable for the quality of the space provided (including air-conditioning), Knightsbridge is ideal. Exclusive and sought after in much the same way as Chelsea and Mayfair, Knightsbridge is noted as one of the international centres for retail in London. With Harrods, Harvey Nichols and Hyde Park nearby, office rental in the area is competitively priced on average around £30.00-£40.00 (per square foot, per annum).
Holborn and Bloomsbury's district is in a similar mid-range price bracket for average office spaces in the area. Bloomsbury is populated with world renowned literary and academic associations and therefore office space in the area is very popular with a range of businesses. Mid-range office spaces for rental are available for under £50.00 (per square foot, per annum) with top quality commercial spaces available for rental for only £55.00.
For a top quality space that is set up and ready for a new business but that is also cheap; Clerkenwell, Farringdon and Old Street are perfect. Located to the East, Clerkenwell and Farringdon are favourites with media types and those looking for great office locations in an area that is trendy and cool, without being obviously so. With low prices of £25.00-£35.00 (per square foot, per annum), opportunity for office space rental is in high demand due to the quality of the area and its reputation.
Mayfair and St. James, in the City Of Westminster, has the most expensive overall available to businesses in London. The most fashionable and exclusive district in London, Mayfair is the premiere place for businesses to set up or expand. With unrivalled architecture and location in the very heart of London, only the best will do in Mayfair. Prices range from £35.00 for basic properties (per square foot, per annum) up to £92.50 for the best quality new and refurbished office spaces in London.
Shivani Gurtu-Louth - Operations Manager of Devono Property Limited. Devono are the only commercial estate agents London to exclusively represent tenants looking for commercial property and office rentals London. We can also help you find serviced offices in London. Our aim is to secure the best commercial property at the best price.
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