Canary Wharf: at a glance...
- The UK’s second financial centre, alongside the City of London
- Striking modern office buildings. Home to some of Europe’s tallest buildings, including One Canada Square
- Canary Wharf office space includes the full range of options, from shared, coworking right through to conventionally leased private offices.
- Built on derelict docklands in the 1980’s, Canary Wharf boasts great views of River Thames with extensive shopping and world class restaurants
- High profile banking, professional services and media companies are Canary Wharf office occupants
- First Class transport links including London City Airport, the new Elizabeth Line, Docklands Light Railway (DLR), the Tube and the River Bus from Canary Wharf Pier
Rental Guide for Office Space in Canary Wharf
|
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, provided open plan (pre tenant fit out) by landlords. Significantly more expensive and cheaper accommodation will generally be available. Where offices are delivered by landlords fitted and furnished (Cat A Plus), rent will tend to be higher 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 fincancial district is assumed not to be in a tower, where rents can be significantly more expensive |
|
| Conventional Lease (per ft2 per year) | |
|---|---|
| Rent | £40 |
| Rates | £20 |
| Service Charge | £16 |
| Total Cost | £76 |
|
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 | £600 |
Compare office rent in Canary Wharf 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 offices in Canary Wharf.
About Canary Wharf
Canary Wharf – located to the East in London E14 on the banks of the meandering Thames – is the UK’s second key financial centre, alongside the City of London. Construction began in the 1980s on derelict docklands and it is London’s newest business district.
Uniquely amongst the other commercial London areas, the architecture is characterised entirely of striking modern office buildings. It is home to some of Europe’s tallest buildings, including One Canada Square. Alongside a full range of office space, Canary Wharf boasts fabulous river views, extensive shopping and world class restaurants.
Canary Wharf contains about 16 million ft2 of commercial space (both office and retail). Almost half of Canary Wharf office space is owned by the Canary Wharf Group. High-profile organisations – particularly banks, professional services and media companies – have chosen to rent an office in Canary Wharf, many establishing their HQ in the area. Barclays, Credit Suisse, Citigroup, Clifford Chance, Infosys, HSBC, JP Morgan, KPMG, MetLife, Moody’s, Morgan Stanley and Thomson Reuters have all taken Canary Wharf space.
Whether you’re looking for long-term leased office space, or flexible, fully furnished serviced offices, Canary Wharf is an excellent, prime location for start-ups and established businesses alike. Alongside traditional private offices, coworking space with meeting rooms are also great alternatives for businesses who value flexible lease terms above all else. The high rise tower blocks themselves are flexible, with sub-divisible floors suitable for smaller occupiers, shared space alongside the larger corporates. Finally, a virtual office in Canary Wharf will give your business a prestigious London address, without the expensive overhead of physical space.
Canary Wharf office rents overall are competitive compared to the alternative key London commercial districts. Notably, alongside the glamorous towers, you’ll find plenty of lower budget Canary Wharf office accommodation amongst the surrounding low rise buildings.
Canary Wharf has excellent transport links – with the Jubilee Line on the London Underground and the Docklands Light Railway (DLR) connecting via Stratford International and the Eurostar to mainland Europe. Bus and River Bus services are available from Canary Wharf Pier, along with Cycle Superhighway CS3.
The brand new, imposing train station built for the Elizabeth Line further provides high speed and easy access to Central and West London and beyond. For example Liverpool Street in the City is now only a 7 minutes journey, Bond Street in the heart of Mayfair is 13 minutes away and you can be at Heathrow Airport in less than 40 minutes!
London City Airport is only a 15 minute cab ride or 25 minutes on the DLR/Tube. These first-class transport facilities – combined with a prestigious address alongside some household names – make an office in Canary Wharf an attractive and persuasive proposition for an aspiring business.
Map of Canary Wharf
Underground Stations
-
Canary Wharf
- Jubilee
National Rail Stations
-
Limehouse
-
Canada Water
-
Rotherhithe
DLR Stations
-
Canary Wharf
-
Heron Quays
-
West India Quay
Bike Docking Stations
-
Fisherman's Walk West, Canary Wharf
-
Westferry Circus, Canary Wharf
-
Heron Quays DLR, Canary Wharf
-
Jubilee Plaza, Canary Wharf
Business in Canary Wharf
- The UK’s second key financial centre, alongside the City of London
- 16,000,000 ft2 of prime office and retail space
- Most Canary Wharf office and retail space is owned by the Canary Wharf Group.
- Banks, professional services and media companies are all based in Canary Wharf office space
- Excellent transport links: Dockland Light Railway,London Underground and Elizabeth Line, with the Eurostar Terminal and London City Airport nearby
Leisure & Culture in Canary Wharf
- Restaurants: Tom’s Kitchen, Big Easy, Quadrato, C&B
- Health and Leisure: Canary Wharf Health Club, Psycle
Popular Business Addresses in Canary Wharf
The most sought after office locations within Canary Wharf include:
Office Types available to rent in Canary Wharf
These types of office can all be found in Canary Wharf:
-
Answers to all your questions about London Office Space
-
Latest Rental Cost across 19 Central London Locations
-
Calculate Space & Costs for your London Office
-
Everything you need to know about finding a London Office
Calculate how much office space you need in 4 steps
Unsure about how to calculate how much office space you need? If you follow the rules, it’s easy to calculate the correct size requirements.
Read More
Excellent negotiation skills – we got exactly the office we wanted.
Ellwood and Atfield Ltd
