The 5 Best Areas for Office Space in London Right Now
London has dozens of distinct business districts, each with its own character, advantages and price point. Choosing the right area is one of the most important decisions you will make when searching for office space. Here are five of the best right now and what makes each one worth considering.
1. Shoreditch and Old Street
Shoreditch remains one of London's most sought-after business locations for tech, creative and digital businesses. The area has a distinct energy - collaborative, design-led and innovation-focused - that attracts a high calibre of talent. Office space here ranges from boutique serviced suites to large managed floors in converted warehouse buildings.
Pricing is competitive relative to the West End, typically in the £500 to £800 per desk range for serviced offices, and transport links via Old Street and Shoreditch High Street are excellent. If your business has a creative or tech identity, Shoreditch is hard to beat.
2. Farringdon and Midtown
Farringdon has undergone a quiet transformation in recent years and is now one of London's most strategically positioned business locations. Sitting between the City and the West End with outstanding transport connections - including Crossrail at Farringdon station - it offers genuine value relative to its convenience.
The area attracts a broad mix of professional services, legal and financial firms. Office quality here is high, with several premium serviced and managed providers operating in the area, and pricing is generally more competitive than equivalent space in the City or West End.
3. Victoria
Victoria is consistently underrated as a business location and represents some of the best value for money in Central London. The transport links are exceptional - Victoria station provides fast connections across London and to Gatwick - and the area has seen significant investment in recent years with a new wave of high quality office buildings.
For businesses that need to be in Central London but want to avoid the premium prices of the West End, Victoria is an increasingly compelling option. Serviced office rates typically fall in the £450 to £800 per desk range.
4. Kings Cross and Euston
Kings Cross has been transformed over the past decade into one of London's most exciting business destinations. The area around the station is home to a cluster of major tech businesses, creative agencies and professional firms, with excellent new office buildings and outstanding transport connections including direct Eurostar access.
It is particularly popular with businesses that need to travel frequently or recruit from outside London. Office space here is in high demand, so availability can be limited, but quality and amenity levels are among the best in the capital.
5. London Bridge and Southwark
London Bridge offers a compelling combination of location, quality and value. South of the river but with excellent transport connections to the City and West End, the area has attracted a growing number of professional and creative businesses looking for quality space without West End pricing.
Borough Market and the wider Southwark area give it a quality of life that is hard to match, and office buildings here tend to offer more space per pound than equivalent locations north of the river.
Finding the right area for your business
The best area for your business depends on your team, your clients and your budget. At Scope Office Search we help businesses identify the right location, source the best available options and negotiate the best deal - all completely free of charge. Get in touch today.