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Wolters Kluwer UK Ltd

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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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King’s Cross At a glance...

  • Eurostar trains run from St Pancras International, connecting London to mainland Europe
  • Provides UK links to great cities such as Peterborough, Hull, Leeds, Newcastle & Cambridge.
  • King’s Cross redevelopment provides state of the art office, residential, retail, leisure and educational space.
  • King’s Cross office locations like Pancras Square provide state of the art premises for household name companies.
  • Serviced offices in King’s Cross made available to meet demand for flexibility.
Office Space in King's Cross
Office Space In King's Cross

...when they decided to connect St. Pancras through Eurostar to the Channel Tunnel...that was a real game changer. Since then the area has become one of the biggest urban regeneration schemes in Europe.

King’s Cross: a commercial guide for businesses looking for office space in London
Ian Kitchener:

King’s Cross is a northern part of central London, built around King’s Cross and St. Pancras stations. Communications have always been really keen to the area, starting with canals, but then tubes connecting to all over central London, and rail links to major industrial centers including places like Cambridge and Edinburgh and Hull and Leeds. The area used to be full of deprivation, it was a bit of an industrial wasteland, but the catalyst that really got King’s Cross going was when they decided to connect St. Pancras through Eurostar to the Channel Tunnel, and that was a real game changer. Since then the area has become one of the biggest urban regeneration schemes in Europe and there are all kinds of mixed developments introducing, not only offices and residential and retail and cinemas, but also schools. A real area with a real postcode, which from memory is N1C.

The kind of offices people look for there would be some big corporate buildings, but also buildings with a strong design input. There have been some really interesting buildings built in King’s Cross. There’s the Francis Crick Institute, King’s Place, which is home to the Guardian newspapers in central London. People like Google, the French advertising conglomerate, Havas, have made King’s Cross their home and had a building actually built for them.

My favorite spot in King’s Cross is probably the Eurostar arrivals in St. Pancras. I think it’s a really inspiring way to enter into the UK.

Looking for office space in King's Cross?
Ben Neale:

If you’re looking for office space in King's Cross, 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 King's Cross

A Price Guide for conventionally leased office rent in King's Cross

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 £65
Rates £25
Service Charge £15
Total Cost £105
A Price Guide for renting serviced office space in King's Cross

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 King's Cross 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 King's Cross.

About King’s Cross

Office Space in King's Cross

King’s Cross is the inner city area north of Holborn, built around King’s Cross and St Pancras International stations. Historically  a major transport hub connecting the national railway network with the Grand Union Canal.

The area houses some iconic architecture. King’s Cross station itself was designed by Lewis Cubitt, who built the station just in time for the Great Exhibition.

Alas, by the latter part of the 20th Century, with the long decline of established, yet dated industries, the area to the north of the station had become a derelict wasteland. And the area immediately around the station was particularly shabby and acquired a reputation for vice!

However, over the past 2 decades the area has been dramatically transformed as demand for office space in central London has grown unabated.  This transformation has been facilitated by simplified land ownership, the continued domestic transport importance of King’s Cross and the development of St Pancras International to provide direct, high speed Eurostar trains to and from Europe. And of course the refurbishment and re-opening of iconic Great Northern Hotel. It’s now one of  London’s best connected commercial areas, making it highly sought after by businesses – large and small alike.

Today King’s Cross is one of the largest redevelopment sites in Europe providing new homes, offices, shops, schools, restaurants and leisure facilities to create a new area, which even has its own new postcode – London N1C.

Large amounts of high quality leased office space in King’s Cross have been developed – both new and refurbished – to meet the demand of large and small office occupiers. Huge brands such as Google and the media multinational Havas have had state of the art offices in King’s Cross built to meet their specific requirements.

Companies such as The Office Group & other flexible office providers are catering for start ups and other smaller businesses. These business centres are making King’s Cross serviced offices, meeting rooms &  coworking offices available to meet sharply increased demand for flexibility.

Map of King's Cross

Underground Stations

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

National Rail Stations

  • London King's Cross
  • London St Pancras International

Bike Docking Stations

  • Belgrove Street , King's Cross
  • Birkenhead Street, King's Cross
  • St. Chad's Street, King's Cross
  • Northdown Street, King's Cross

Business in King's Cross

  • Focal point for major urban regeneration
  • Good stock of office space – from medium to top quality with air conditioning – including serviced offices
  • State of the art residential, retail and office accommodation in the Pancras Square development,
  • High speed rail services to mainland Europe and the North of England.

Popular Business Addresses in King’s Cross

The most sought after office locations within King’s Cross include:

Office Types available to rent in King’s Cross

These types of office can all be found in King’s Cross:

Nearby Areas

Other commercial office areas located close to King’s Cross

  1. King's Cross
    • Managed
    Britannia Street, Kings Cross, WC1X 9BP
    £POA

    This cool and contemporary space has an industrial edge with exposed air-conditioning, gantry and lighting. The space is bright and offers an energised vibe which is sure to inspire and keep your team…
    Find out more...

  2. 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...

  3. Euston
    • Managed
    • Serviced
    Eversholt Street, Euston, NW1 1DB
    from £700.00

    This 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 …
    Find out more...

  4. 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...

  5. 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...

  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. King's Cross
    • Coworking
    • Serviced
    Kings Cross Bridge, King's Cross, N1 9NW
    from £950.00

    Opening 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…
    Find out more...

  8. King's Cross
    • Coworking
    • Managed
    • Serviced
    York Way, King's Cross, N1 9AG
    from £750.00

    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...

  9. 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...

Need help with your office search?

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or call +44 20 7484 9266

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5
Jacky Bedlow,
Alpha Rooms
More client reviews

Reviews

Prospero Group Ltd

They find great space and help us negotiate really good deals

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.

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

AirX Charter Limited

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

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