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Renting office space in Outer London – A Beginner’s Guide
Our Beginner's Guide walks you through renting office space in Outer London. Pros & cons, plus key info to make an educated decision.
Read MoreBloomsbury At a glance...
- Bordered by Tottenham Court Road, Euston Road, Holborn and New Oxford Street
- Steeped in literary history, home to Bloomsbury Publishing
- Rich in garden squares
- Home to the British Museum and Great Ormond Street Children’s Hospital
- Excellent communications – tube and national rail
- Offices in Bloomsbury rents lower than more central locations
...if you're a northern based company and want a London office, it's terrific to get to Bloomsbury because of the three mainline stations, St. Pancras, Euston, and King's Cross.
Bloomsbury: a commercial guide for businesses looking for office space in London
Michael Fraser:Bloomsbury is a district essentially just above Covent Garden. It’s history is that it’s traditionally the home of the publishing sector, but there are many other types of occupiers there. They were historically attracted to the area because there were some big buildings built, and in those days, they were considered pretty much state of the art, and very good for a modern office. There hasn’t actually been an awful lot of redevelopment in that area since. There has been some, but not as in some areas. It has attracted other companies, media, and that type of occupier. This is largely driven by the lower rents in the area.
There’s another driver for this area, and that’s that if you’re a northern based company and want a London office, it’s terrific to get to Bloomsbury because of the three mainline stations, St. Pancras, Euston, and King’s Cross. You can come into those stations and walk into your office, really very easily. It’s a cost effective location, and it’s an interesting area. What’s so good about it? Well, it’s really driven by those three stations. And of course, great interest is St. Pancras Station itself with its gaudy like architecture, recently refurbished, and it really is a superb bit of architecture.
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Rental Guide for Bloomsbury Offices
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NB. Leased office rents, rates and service charge are quoted per ft2 per year. The above rental estimates reflect good quality (but not prime) air conditioned offices. More expensive and cheaper accommodation will 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. Negotiated rent free incentives will often make the net effective rent, lower than the above estimates. 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. Rent quoted in the City of London financial district is assumed not to be in a tower, where rents can be significantly more expensive |
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| Conventional Lease (per ft2 per year) | |
|---|---|
| Rent | £60 |
| Rates | £25 |
| Service Charge | £15 |
| Total Cost | £100 |
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NB. Serviced office rents are quoted per desk per month. Serviced offices provide an all-inclusive fully furnished solution with telecoms, internet and power and business rates all included with the rent in a single monthly payment. Office rental rates exclude VAT. Serviced office rental costs also apply broadly to co-working office space. |
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| Serviced Space (per desk, per month) | |
|---|---|
| Total Cost | £550 |
Compare office rent in Bloomsbury to rent other London locations.
Use the office space calculator to work out how much space you need, and how much it will cost to rent office space in Bloomsbury.
About Bloomsbury
Bloomsbury is situated east of Tottenham Court Road and Soho, running up to Euston Square at the top of Gower Street, with Holborn to the east and Covent Garden to the south of New Oxford Street
Modern Bloomsbury was developed during the 16th and 17th Century, initially as a largely residential area. Steeped in literary history, Bloomsbury now has a great variety of real estate, including the British Museum, Great Ormond Street Children’s Hospital and famous University of London colleges such as UCL. The London office headquarters of Bloomsbury Publishing PLC – now a global brand – is in Bedford Square.
Offices are often found in the garden squares that dominate the area – Bloomsbury Square, Bedford Square, Russell Square and Gordon Square, for example. With a full range of buildings, office space in Bloomsbury attracts every type of business – from publishers to government departments, media companies, professionals and financial services.
As is the case across most of central London, a wide range of office types can be found in Bloomsbury: offices to let on traditional long-term leases remain the most common type of space for the time being, athough flexible, serviced offices in Bloomsbury are are rapidly growing in demand and availability. Bloomsbury co-working space, virtual offices and flexible meeting rooms are also popular options – particularly for start up businesses. These alternative spaces are quickly transforming the London office market – and Bloomsbury is no exception.
Offices in Bloomsbury are considerably cheaper than more central locations, but the area has very good communications with the newly redeveloped Tottenham Court Road tube station – transformed for the new Elizabeth Line (Crossrail) opening in 2018. For national rail, Euston Station is to the north.
Map of Bloomsbury
Underground Stations
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Russell Square
- Piccadilly
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Holborn
- Central
- Piccadilly
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King's Cross St. Pancras
- Circle
- Hammersmith and City
- Metropolitan
- Northern
- Piccadilly
- Victoria
National Rail Stations
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London King's Cross
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London Euston
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London St Pancras International LL
Bike Docking Stations
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Brunswick Square, Bloomsbury
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Guilford Street , Bloomsbury
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Russell Square Station, Bloomsbury
Leisure & Culture in Bloomsbury
- Restaurants: Blue Door, Trattoria Verdi, Cosmoba
- Bars & Pubs: The Bloomsbury Club, Salvador & Amanda, Museum Tavern
- Health & Fitness: Bloomsbury Fitness
Business in Bloomsbury
- Bloomsbury boasts the full range of office space, including traditional leased space and flexible, serviced offices.
- Industries include publishing, media companies and financial services.
- Government departments and professionals can also be found in Bloomsbury
- Very good communications: Tottenham Court Road Tube – with Elizabeth Line (Cross Rail) opening in 2018 – and national rail Euston Station to the North.
Popular Business Addresses in Bloomsbury
The most sought after office locations within Bloomsbury include:
Office Types available to rent in Bloomsbury
These types of office can all be found in Bloomsbury:
Nearby Areas
Other commercial office areas located close to Bloomsbury
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Bloomsbury
- Coworking
- Managed
- Meeting Rooms
- Serviced
from £550.00For stylish West End serviced offices, this property combines a great location with a modern, quirky interior behind a listed building facade, designed to create an inspirational working environment. …
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Bloomsbury
- Coworking
- Managed
- Serviced
from £450.00A newly refurbished period building, overlooking Russell Square Gardens, has recently opened its doors to provide fully unbranded office space, furnished to a high specification and fitted with IT & T…
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Holborn
- Serviced
from £499.00Extensively refurbished throughout and occupying a prominent period townhouse and boasting many original features, this design-led flexible workspace has a unique, contemporary finish and a growing co…
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Holborn
- Managed
from £756.00Well-located in the very heart of London these offices provide companies for anywhere between 80 to 100 desks. Spacious and well-lit units on both the 2nd and 4th floors, makes this Holborn location a…
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Farringdon & Clerkenwell
- Coworking
- Managed
- Meeting Rooms
- Serviced
from £350.00Designed as a working space that encourages creativity, this Clerkenwell property features exposed beams, reconditioned metal piping and sandblasted brickwork but has a small, personable scale not fou…
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Euston
- Managed
- Serviced
from £700.00This Art Deco Iconic building built in the early 1930's was previously the offices of London, Midland and Scottish Railway. Today, here you will find some of the best office space London has to offer …
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King's Cross
- Managed
£POAA modern fresh warehouse-studio space with bags of natural light, beautiful classic features and a generously roof terrace providing an amazing space. Take either two self-contained managed units or t…
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Holborn
- Coworking
- Meeting Rooms
- Serviced
from £700.00Spacious, elegant Grade II-listed Georgian terrace where your business can happily grow, Southampton Place has a fresh, contemporary feel. The boutique design-led space is flooded with natural light a…
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Holborn
- Managed
£POASituated in a stunning, Georgian property with period features and a charming interior design, these serviced offices to rent in Holborn are spread over four upper floors and have been newly refurbish…
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King's Cross
- Coworking
- Serviced
from £950.00Opening March 2022: Comprising of four floors this very cool and contemporary space will include including a bar event space and an external deck on the fourth floor. The building will also provide cl…
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