London office space has evolved over recent years, and it’s hard to know where to begin when it comes to finding an office space in London for the right price. No matter what size your business is, the cost of office space to rent in London varies depending on factors such as location, amenities, and the type of office space you choose. Whether you're searching for a serviced, managed or a traditional office space, here are a few things to consider when allocating a budget to your office search.

What amenities are typically included for serviced office space in London?

When searching for office space in London, the price isn’t just determined just by square footage; office space amenities also play a crucial role in cost variations. Serviced office spaces offer fully furnished options for your team to move into, with reception services, meeting rooms, and communal breakout spaces, all within an all-inclusive monthly fee. These amenities are great for businesses seeking flexible office space in London, with other common amenities including on-site gyms, wellness studios, event spaces and rooftop terraces to boost the wellbeing of your employees and promote a healthy work-life balance.

How does location affect the price of London office space to rent?

Location is one of the biggest factors influencing the cost of London office space to rent. Prime areas such as Mayfair, Soho, and Kings Cross typically command higher prices due to their prestige and transport links. These areas generally have the highest costs due to their demand, business profile reputation and accessibility. Other common locations like Shoreditch, London Bridge, and Farringdon offer a balance between affordability and central access.

What is the price difference between coworking and private offices?

The choice between coworking and private office spaces significantly impacts the cost of office space to rent. Both types of office space operate differently, and the best choice depends on your company size and specific office space requirements and needs. Private offices within a serviced office space provide businesses with dedicated areas that offer privacy and a permanent space to call their office home. Meanwhile, coworking spaces allow smaller teams to hot desk and utilise communal areas such as meeting rooms, phone booths and breakouts spaces within a flexible office space environment.

What is the typical price per desk for London office space?

WeWork provides a more affordable option with the typical cost per desk starting from £450 in London, while premium office space providers such as Fora offer higher-end workspaces starting at roughly £700 per desk. These costs represent average market rates, but actual costs can vary significantly based on location, amenities and the size of your office space. If you are looking for a quick cost estimation for your office space requirements, check out our Free London office space cost calculator.

How to calculate how much office space your team needs

To calculate office space per person, divide the total office size by the number of employees. For example, in a 5,000 square feet office with 20 employees, the calculation would be 5,000/20=250 square feet per person. This formula provides a great starting point that you can adapt depending on your specific business needs.

How to find London office space

Finding the perfect office space in London requires expert guidance, particularly from an office broker. As office space brokers, we understand that navigating an office search on your own is a stressful and time-consuming task. With exclusive access to a wide range of office spaces in London, our friendly team of expert office brokers are here to assist you throughout your entire office search journey!