London Office Costs - Overview

1. How Much Are Office Rents In London?: These vary widely dependant on location and type; More info: rental guide; Return To The Top
2. What Are Recurring Costs Involved In Renting A London Office?: The main property costs are rent, rates and service charge; More info: budget figures; Return To The Top
3. What Are One Off Costs Involved In Renting A London Office?: Fit out costs; I.T. and data expenditure; Removal costs; Legal costs; Stamp duty; Surveyors fees; …and other services engaged; Return To The Top
4. What Are Business Rates?: They are a property tax charged to the occupier by the local authority; The cost can vary very widely; they can cost as much as £20 per sq ft a year; More info: Business Rates; Return To The Top
5. Is VAT Paid On Rent?: Generally yes; Most buildings are now VAT registered, so VAT is payable; Some VAT free buildings can be sourced for those groups that cannot reclaim VAT, e.g. banks etc...but it’s difficult; Return To The Top
6. What If I Have An Existing Office?: The trick is to minimize any duplication of cost; For more information on disposal of space, please contact us; Return To The Top

Three Simple Steps to Finding a London Office