Office Rent London

Office Rent London: Our Definitive Rental Guide – Updated for 2014 Q3

This guide for office rent London was last updated on 3rd November 2014

Analysis: Please read Ian Kitchener’s recent analysis of the London office market: continuing restricted supply combined with higher office take up is fuelling London office rent inflation, which is likely to continued for the next 12 months at least.

A Price Guide for Renting Office Space in London (ft2 per annum)
Area Rent Rates Service Charge Total Cost
The above rental estimates reflect high quality air conditioned offices. Cheaper accommodation will also generally be available.
Rent rates and service charge estimates are only intended as a guide. Office space is often available with costs outside these guidelines.
Business rates payable will vary from year to year, changing each April, due to annual changes in the Uniform Business Rate. Higher rates are paid for brand new buildings.
St James’s£90£42£9£141
Mayfair£90£42£9£141
Knightsbridge & Belgravia£70£23£9£102
Covent Garden£65£20£9£94
Victoria£65£20£9£94
Soho£65£20£9£94
Marylebone£63£20£9£92
North of Oxford Street£63£20£9£92
Bloomsbury£57£20£9£86
Kensington & Chelsea£57£20£9£86
Paddington£57£20£9£86
The City of London£58£18£9£85
Euston£57£17£9£83
King’s Cross£57£16£9£82
Midtown£57£15£9£81
Clerkenwell£45£13£8£66
Waterloo & Southwark£45£9£8£62
Silicon Roundabout£40£10£8£58