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What are quarter days? Office rental payments explained
From The Knowledge

What are quarter days? Office rental payments explained

Quarter Days are the four days of the calendar year when commercial leasehold payments and rent - including office rent - are due.

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Bloomsbury 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
Bloomsbury Offices
Office Space In Bloomsbury

...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

A Price Guide for conventionally leased office rent in Bloomsbury

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

Conventional Lease (per ft2 per year)
Rent £60
Rates £25
Service Charge £15
Total Cost £100
A Price Guide for renting serviced office space in Bloomsbury

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.

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 Offices

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 MuseumGreat 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 SquareBedford SquareRussell 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

  • Russell Square
    • Piccadilly
  • Holborn
    • Central
    • Piccadilly
  • King's Cross St. Pancras
    • Circle
    • Hammersmith and City
    • Metropolitan
    • Northern
    • Piccadilly
    • Victoria

National Rail Stations

  • London King's Cross
  • London Euston
  • London St Pancras International LL

Bike Docking Stations

  • Brunswick Square, Bloomsbury
  • Guilford Street , Bloomsbury
  • Russell Square Station, Bloomsbury

Leisure & Culture in Bloomsbury

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

  1. King's Cross
    • Managed
    Gray's Inn Road, King's Cross, WC1X 8QB
    from £850.00

    Find exciting office space to rent in King's Cross on Gray's Inn Road. This modern building has recently undergone refurbishment and now provides a total of 13,263sqft of contemporary space arranged a…
    Find out more...

  2. Farringdon & Clerkenwell
    • Coworking
    • Managed
    • Serviced
    Mount Pleasant, Clerkenwell, WC1X 0AE
    from £500.00

    This newly refurbished period style conversion located in the heart of Clerkenwell is brand new to market and offers fully furnished office space with air-conditioning and fitted with IT & Telephony t…
    Find out more...

  3. King's Cross
    • Meeting Rooms
    • Serviced
    Chalton Street, King's Cross, London NW1 1JD
    from £600.00

    Located in the heart of King's Cross and set within a newly refurbished warehouse packed with British history, this design-led flexible workspace offers an exciting and inspirational working environme…
    Find out more...

  4. King's Cross
    • Managed
    Kitt Offices, 8-12, Leeke Street, King's Cross, London, WC1X 9HT
    £POA

    A 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…
    Find out more...

  5. Holborn
    • Serviced
    Theobalds Road, London, WC1X 8SL
    from £499.00

    Extensively 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…
    Find out more...

  6. Euston
    • Coworking
    • Managed
    • Serviced
    Eversholt Street, Euston, NW1 1DB
    from £750.00

    Located in the heart of Euston, this serviced office boasts beautifully refurbished office space situated within a stunning 1930's Art Deco building that is surrounded by a vast array of shops, bars a…
    Find out more...

  7. Holborn
    • Managed
    Theobald's Road, Holborn, WC1X 8RW
    from £774.00

    This building is enviably London central and has bags of character. The redeveloped building is a local landmark offering some of the most well-connected office space in the City with Eurostar and man…
    Find out more...

  8. Bloomsbury
    • Coworking
    • Serviced
    Bloomsbury Square, Bloomsbury, London, WC1B 4DA
    from £650.00

    Located in the heart of London's Midtown, we are delighted to showcase this wonderful Grade II listed building on Bloomsbury Square, which was thoughtfully designed in 1932 by renowned architect, Char…
    Find out more...

  9. Holborn
    • Managed
    Red Lion Square, London, WC1R 4QH
    from £400.00

    Situated in the heart of Holborn, these managed offices on Red Lion Square offer occupiers the benefits of traditional office space in period buildings that ooze character and history. With high-ceili…
    Find out more...

  10. King's Cross
    • Coworking
    • Managed
    • Serviced
    Euston Road, King's Cross, NW1 2SD
    from £850.00

    This is premium flexible working with a difference. Located just 1 minutes walk from Kings' Cross Train Station this energised hub of activity has options to suit all companies no matter what stage yo…
    Find out more...

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AirX Charter Limited

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Stobbs IP

Find a London Office were fun to work with, knowledgeable, well connected and strong negotiators

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