Office Rent London

Office Rent London: Our Definitive Rental Guide – Updated for 2014 Q4

This guide for office rent London was last updated on 18th January 2015

Analysis: Please read Ian Kitchener’s latest review of the London office market: are recent reports of record rents in Mayfair and King’s Cross typical of the market as a whole?

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
Soho £67 £20 £9 £96
Covent Garden £65 £20 £9 £94
Victoria £65 £20 £9 £94
Marylebone £63 £20 £9 £92
North of Oxford Street £63 £20 £9 £92
Bloomsbury £60 £20 £9 £89
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 £50 £13 £8 £71
Waterloo & Southwark £47 £9 £8 £64
Silicon Roundabout £40 £10 £8 £58