Office Rent London

Office Rent London: Our Definitive Rental Guide – Updated for 2015 Q1

This guide for office rent London was last updated on 23rd April 2015

Analysis: Please read Ian Kitchener’s latest review of the London office market: record-breaking rents in the West End signal London’s busiest quarter since the financial crisis.

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 £95 £42 £9 £146
Mayfair £95 £42 £9 £146
Knightsbridge & Belgravia £72 £23 £9 £104
Soho £69 £20 £9 £98
Covent Garden £67 £20 £9 £96
Victoria £67 £20 £9 £96
Marylebone £65 £20 £9 £94
North of Oxford Street £65 £20 £9 £94
Bloomsbury £60 £20 £9 £89
Kensington & Chelsea £60 £20 £9 £89
Paddington £60 £20 £9 £89
The City of London £60 £18 £9 £87
Euston £60 £17 £9 £86
King’s Cross £60 £16 £9 £85
Midtown £60 £15 £9 £84
Clerkenwell £55 £13 £8 £76
Silicon Roundabout £47.5 £10 £8 £65.5
Waterloo & Southwark £48 £9 £8 £65