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BAI Communications

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6 ways to save money on office space in London
From The Knowledge

6 ways to save money on office space in London

If your business is based in London, running an office is probably one of your biggest costs, second only to staff salaries. Here are our top 6 tips to save money on London office space. Some of them may seem obvious, but when our clients consider all of them, we have always helped them make significant savings.

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Holborn At a glance...

  • Holborn is a large area north of the River Thames, between the West End and the City of London
  • Historically the home of the British Newspaper industry and the legal community
  • Office space in Holborn is more affordable than the City & West End
  • The area has seen a lot of redevelopment and appeals to tenants in all the office occupying business sectors.
  • Good communications: benefitting from the Elizabeth line opening at Tottenham Court Road in Dec 2018.
Office Space in Holborn
Office Space In Holborn

It's an area with huge history. It used to be the centre of the newspaper business...and it's also home to the British Justice System

Holborn: a commercial guide for businesses looking for office space in London
Ian Kitchener:

Holborn is a large area between the city and the West End. It’s close to lots of communications but the main tube stations within Holborn would be Chancery Lane and Holborn tube station. It’s an area with huge history. It used to be the centre of the newspaper business, if you remember the newspaper barons like Robert Maxwell of Fleet Street. And it’s also home to the British Justice System with the Royal Courts of Justice, are still on Fleet Street.

Today the area appeals to just about everybody. It’s got very good communications and it’s got all types of offices from co-working spaces to serviced offices through to great big corporate offices that people take on long leases.

To the north of Holborn there are some amazing streets like Doughty Street and Great Jane Street which are actually some of the oldest Georgian facades in the whole of London. And my favourite spot within Holborn would probably be the tennis courts in Lincolnson Fields followed shortly after that by a craft beer in the Whippet.

Looking for office space in Holborn?
Ben Neale:

If you’re looking for office space in Holborn, please start your search by clicking on the button below.

We have access to every available office on the London market. So please, just tell us roughly how many people you employ and how long you think you’ll need the space for and we’ll do our level best to help you.

Just click the button below to start your office search today.

Rental Guide for Office Space in Holborn

A Price Guide for conventionally leased office rent in Holborn

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 £26
Service Charge £15
Total Cost £101
A Price Guide for renting serviced office space in Holborn

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 £500

Compare office rent in Holborn 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 Holborn.

About Holborn

Office Space in Holborn

Holborn is a large area North of the River Thames, conveniently situated between the West End & the City of London.

Some people blandly call it “Midtown”, but this belies its rich history as the erstwhile center of the of the Newspaper industry around Fleet St. It remains at the heart of the UK legal system, being home to the Old Bailey, the Royal Courts of Justice and the Inns of Court, which are populated by barristers’ chambers. Legal barristers that is, not the ones serving in Holborn’s eateries and coffee shops!

Recently a great deal of office space in Holborn has been redeveloped to appeal to a variety of tenants, perhaps finding the West End a little too costly. This approach has attracted both Saatchi & Saatchi, who have taken office space in Chancery Lane and Grey Advertising, now occupying the Johnson Building in Hatton Garden.

One of the most interesting developments right now involves converting the iconic Centre Point – originally built as office space in the 1960s –  into luxury residential apartments on the western gateway to Holborn.

Holborn has some excellent hotels, including the Hoxton and Rosewood London. The Holborn Whippet in Sicilian Avenue serves local craft beer, and the area around Lamb’s Conduit Street – north of Theobalds Road – has great independent specialist shops. Great James Street & Doughty Street provide some of the finest and oldest Georgian Terraces in London. Lincoln’s Inn Fields, just west of Kingsway is one of London’s largest squares and – unknown to many – has tennis courts open to the public.

Offices to rent in Holborn are diverse, providing the full range of workspace: from conventionally-leased space in corporate buildings to private offices in small self contained Georgian terraces; creative spaces providing coworking offices for the right type of tenant, whilst businesses of all types increasingly opt for flexible, serviced offices in Holborn. Flexible meeting rooms and virtual offices are also becoming popular options – especially for start-ups.

The area has great communications provided by Holborn and Chancery Lane tube stations. National rail from Waterloo Station and King’s Cross Station is a short tube journey away. The Elizabeth Line (Crossrail) opening at nearby Tottenham Court at Road at the end of 2018 will be another positive game changer.

Map of Holborn

Underground Stations

  • Chancery Lane
    • Central
  • Holborn
    • Central
    • Piccadilly
  • Farringdon
    • Circle
    • Hammersmith and City
    • Metropolitan

National Rail Stations

  • Farringdon
  • City Thameslink
  • London Blackfriars
  • London Charing Cross

Bike Docking Stations

  • Red Lion Street, Holborn
  • Breams Buildings, Holborn

Leisure & Culture in Holborn

Business in Holborn

  • Evolving into an distinct area with its own identity: offices to let in Holborn attract a diverse selection of businesses
  • Holborn offices are diverse: from top quality air-conditioned buildings to small quirky rooms, including creative co-working space and flexible, serviced offices.
  • Holborn Office Rents are lower than in the West End and the City of London

Office Types available to rent in Holborn

These types of office can all be found in Holborn:

  1. Holborn
    • Serviced
    Bedford Row, Holborn, London, WC1R 4BU
    from £550.00

    Boasting Georgian architecture and stunning, period features, this property was built 300 years ago and has recently undergone an extensive refurbishment to provide contemporary serviced office space …
    Find out more...

  2. Holborn
    • Coworking
    • Meeting Rooms
    • Serviced
    Southampton Place , Holborn, WC1A 2AJ
    from £700.00

    Spacious, 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…
    Find out more...

  3. Holborn
    • Managed
    168-173, Holborn, WC1V 7AA
    from £773.00

    The premises comprise of predominantly open-plan offices with 2 private offices, 4 meeting rooms, a server room, demised toilets, kitchenette and breakout areas. This prominent multi-let office buil…
    Find out more...

  4. Holborn
    • Coworking
    • Managed
    • Serviced
    LRP Properties, 29, Lincoln's Inn Fields, Holborn, London, WC2A 3EG
    from £400.00

    This newly refurbished business centre, prominently located on Lincoln's Inn Fields in the heart of Holborn occupies a charming corner building arranged over lower ground, ground and five upper floors…
    Find out more...

  5. Holborn
    • Coworking
    • Serviced
    Gray's Inn Road, Holborn, WC1X 8AQ
    £POA

    Offering stylish, modern office and studio spaces in Holborn on Gray's Inn Road from 100 to 20,000 sqft, these striking workspaces are beautifully refurbished to a high standard. Within you will find …
    Find out more...

  6. Holborn
    • Serviced
    High Holborn, Holborn, London, WC1V 7BD
    from £700.00

    These stunning Grade II listed serviced offices in Holborn is steeped in history and oozes charm and character. The building has undergone extensive works to provide brand new individually controlled …
    Find out more...

  7. Farringdon & Clerkenwell
    • Managed
    • Meeting Rooms
    Clerkenwell Road, Farringdon, EC1R 5BL
    £POA

    Located in the heart of Farringdon, these luxurious, contemporary and newly refurbished managed offices provide self-contained office space for businesses of up to 60 people. Fitted to a high speci…
    Find out more...

  8. Holborn
    • Serviced
    Creo London, 9, Holborn, Holborn, London, EC1N 2LL
    from £500.00

    Westgate House, Chancery Lane provides brand new office space to rent in Holborn. Encompassing 22,000 sqft across five floors, this space is undergoing a major refurbishment due to open on the 15th Oc…
    Find out more...

  9. Holborn
    • Coworking
    • Managed
    • Meeting Rooms
    • Serviced
    Aldwych, Aldwych, WC2B 4HN
    from £500.00

    Bringing a unique and pioneering concept to the market, this London shared office space brings together a community filled with some of London's best and brightest innovators. Offering a mix of cr…
    Find out more...

  10. Holborn
    • Meeting Rooms
    • Serviced
    High Holborn, Chancery Lane, WC1V 7PE
    £POA

    These prestigious serviced offices combine modern innovative workspace with thoughtful lifestyle extras, in a luxurious, unbranded environment. The centre team go the extra mile to ensure the satisfac…
    Find out more...

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They were efficient, entertaining and made it pain free for us!

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Ben Gilbey,
Bear
More client reviews

Reviews

Argon & Co

They have in depth market knowledge, strong negotiating skills and are fun to work with. We will not hesitate to use them next time we need office advice.

Eleanor Care

The whole process was turned around in 2 working days and we are delighted with our new office.

AirX Charter Limited

They negotiated a great deal with a better rent free than we were expecting

Prospero Group Ltd

They find great space and help us negotiate really good deals

Stobbs IP

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

VEON

Excellent service from the team at Find a London Office!

Huajin (Hongkong) LTD

We are delighted with our new London office and very much look forward working with Jamie and Find a London Office again

  • Argon & Co Argon & Co
  • Eleanor Care Eleanor Care
  • AirX Charter Limited AirX Charter Limited
  • Prospero Group Ltd Prospero Group Ltd
  • Stobbs IP Stobbs IP
  • VEON VEON
  • Huajin (Hongkong) LTD Huajin (Hongkong) LTD
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