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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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Mayfair At a glance...

  • The ultimate West End corporate location – world class business address
  • High quality, modern office buildings, retaining the original period façades
  • Prestigious offices situated around fine garden squares
  • Populated by large UK and international household name companies
  • The highest rent in Central London
Mayfair Offices
Mayfair Offices

If you've ever played Monopoly, you'll know that Mayfair's the most expensive property on the board

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

If you’ve ever played Monopoly, you’ll know that Mayfair’s the most expensive property on the board, and today it’s largely the same. It’s probably the most prestigious and expensive place to occupy an office in Central London.

It sits in a large area, running the full length of Old Bond Street, and New Bond street, and sitting in between Regent Street and Park lane.

Being in the heart of the west end, it’s got great communications, and it will also have an Elizabeth Line Terminal at the end of 2018.

Historically, the area was full of grand houses built around fine garden squares, and today although there’s been a lot of building, the area retains a lot of its architectural integrity with just, lots of buildings, and the favorite ones remain around Garden Squares. Like Grosvenor Square, Berkeley Square, and Hanover Square.

There’s every kind of office built in Mayfair to suite every kind of occupier from the very small to the very large corporates. My favorite spot would probably be on Bond Street, where there’s a lovely statue of Eisenhower and Churchill, sitting on a bench.

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Ben Neale:

If you’re looking for mayfair offices, 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.

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Rental Guide for Mayfair Offices

A Price Guide for conventionally leased office rent in Mayfair

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 £85
Rates £42
Service Charge £15
Total Cost £142
A Price Guide for renting serviced mayfair offices

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 £850

Compare office rent in Mayfair 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 mayfair offices.

About Mayfair

Mayfair Offices

Having a Mayfair office provides companies with the kudos of a world renowned address in the heart of the West Endthe ultimate corporate location.

Mayfair runs the combined length of New & Old Bond Streets, in between Regent St and Park Lane. The area is full of character, history, restaurants and shops and its communications are unsurpassed. AT the end of 2018 the Elizabeth Line will stop at Bond St, making communications even better!

A large proportion of Mayfair comprises high quality modern office buildings, some of which have been converted from historic buildings behind retained period façades. So the facades often bely interiors which have been gutted to provide state of the art Mayfair office space for rent.

Some of the most prestigious Mayfair offices are situated in and around fine garden squares, such as Berkeley Square, Grosvenor Square & Hanover Square, but Mayfair has numerous other exclusive streets and busy thoroughfares with world class shopping.

Mayfair is synonymous with large UK and international household name companies. The area also home to a multitude of smaller organisations, who gain credibility from occupying Mayfair office space. Excellent communications and amenities make the area a great hook for world class staff.

Historically companies took long term leases in the area. Nowadays, smaller and even larger companies rent more flexible, serviced offices in Mayfair. Coworking space and flexible meeting room hire is gaining popularity. And this Christmas, the ideal stocking filler for the company director who “has it all” will be a virtual Mayfair office!

Rent and overall occupancy cost of office space in Mayfair is the highest in Central London.

Map of Mayfair

Underground Stations

  • Bond Street
    • Central
    • Jubilee
  • Green Park
    • Jubilee
    • Piccadilly
    • Victoria
  • Oxford Circus
    • Bakerloo
    • Central
    • Victoria
  • Marble Arch
    • Central
  • Piccadilly Circus
    • Bakerloo
    • Piccadilly
  • Hyde Park Corner
    • Piccadilly

National Rail Stations

  • London Victoria

Bike Docking Stations

  • Stanhope Gate, Mayfair
  • Curzon Street, Mayfair
  • Park Lane, Mayfair
  • Clarges Street, Mayfair

Leisure & Culture in Mayfair

Business in Mayfair

  • Great transport links – the new Elizabeth Line (Crossrail) station at Bond Street is under construction
  • Home to embassies, Hedge Funds and Real Estate businesses
  • Exclusive, world class business address
  • Populated by household name companies from all over the world
  • Along with neighbouring St James’s, Mayfair has the highest office rent in Central London

Popular Business Addresses in Mayfair

The most sought after office locations within Mayfair include:

Office Types available to rent in Mayfair

These types of office can all be found in Mayfair:

Nearby Areas

Other commercial office areas located close to Mayfair

  1. Mayfair
    • Managed
    LonicFlex, 11, Upper Brook Street, Mayfair, London, W1K 6PB
    from £800.00

    Rent an office in London situated between Park Lane and Grosvenor Street in the heart of Mayfair. This superb quality, managed Mayfair office to rent building has been recently refurbished providing b…
    Find out more...

  2. Mayfair
    • Coworking
    • Managed
    • Meeting Rooms
    • Serviced
    Brook Street, Mayfair, W1K 4HJ
    from £999.99

    Occupying a prominent position on Brook Street, in the heart of London's Mayfair, between New Bond Street and Davies Street, and part of the Claridges estate, this beautifully fitted self-contained pe…
    Find out more...

  3. Marylebone
    • Serviced
    Wigmore Street, Marylebone, W1U 3RY
    from £682.00

    Set in the heart of Marylebone on Wigmore Street, this recently refurbished Grade II period building offers 5 floors of charming and professional office space from which to work. Throughout the buildi…
    Find out more...

  4. Soho
    • Managed
    • Serviced
    Situu, 58-59, Great Marlborough Street, Soho, London, W1F 7JY
    from £866.00

    Recently refurbished, self-contained London office space located in the centre of Soho area, which is surrounded by a plethora world-class restaurants, bars and retailers and close to Liberty's & Carn…
    Find out more...

  5. Mayfair
    • Serviced
    Green Street, Mayfair, W1K 7AX
    from £650.00

    This boutique Mayfair office for rent, comprises 7,000 sqf of contemporary flexible workspace, all fully refurbished to stunning specification, accommodating businesses up to 25 staff. Office space is…
    Find out more...

  6. Soho
    • Coworking
    • Leased
    • Managed
    • Meeting Rooms
    • Serviced
    Warwick Street, Soho, W1B 5AW
    from £750.00

    World class business centre, located in the heart of Soho and on the doorstep of Piccadilly Circus, offers a stunning serviced office space of the highest specification and comprises 33,000sqf of offi…
    Find out more...

  7. Oxford Street
    • Managed
    • Serviced
    Rubix London, 11, Argyll Street, Oxford Circus, London, W1F 7TH
    from £800.00

    A characterful office building with recently refurbished bright workspaces only a stones throw from Oxford Circus underground Station. The local area provides a diverse range of independent coffee sho…
    Find out more...

  8. Mayfair
    • Coworking
    • Managed
    • Serviced
    Berkeley Street, Mayfair, W1J 8DZ
    from £850.00

    This luxury serviced office to rent in Mayfair has been extensively refurbished to Grade A specification, and comprises 7 floors of stunning Mayfair office space with a beautiful interior design and a…
    Find out more...

  9. Mayfair
    • Managed
    60 Grosvenor Street, London, W1K 3HZ
    £POA

    Situated moments from historic parks, Berkeley Square, Grosvenor Square, Bond Street and Oxford Street and in close proximity to some of the finest hotels, restaurants and shops London has to offer. …
    Find out more...

  10. Oxford Street
    • Managed
    Argyll Street, Oxford Circus, W1F 7TE
    from £600.00

    This well located, recently refurbished Plug & Play office space, on the 1st floor has fantastic floor to ceiling height. The office benefits from an open plan office, two meeting rooms and a large ki…
    Find out more...

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

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AirX Charter Limited

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

Argon & Co

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Prospero Group Ltd

They find great space and help us negotiate really good deals

Eleanor Care

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

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

Acquired 6 desk office in Bedford Square

For 3rd time clients just acquired 1661 ft2 office in Victoria.

Yacht Management Co take space in the stunning 75 Grosvenor Street