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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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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.

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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. Soho
    • Managed
    Great Marlborough Street, Soho, London, W1F 7JD
    £POA

    This managed office to rent in Soho, situated on Great Marlborough Street, offers 726sqf of space to accommodate up to 14 desks. Available on all-inclusive, flexible terms, the office is fitted to …
    Find out more...

  2. Oxford Street
    • Coworking
    • Meeting Rooms
    • Serviced
    Oxford Street, London, W1D 2LF
    from £700.00

    This creative flexible workspace in the heart of Oxford Circus provides the ideal home for any growing business. With an interior design that inspires, the spacious business club offers stunning worki…
    Find out more...

  3. Mayfair
    • Managed
    South Molton Street, London, W1K 5SG
    from £600.00

    Spread over three floors, this boutique period property provides five unique and private managed offices to rent in Mayfair, all varying in size and delivered fully furnished to a high specification, …
    Find out more...

  4. Mayfair
    • Coworking
    • Leased
    • Managed
    • Serviced
    Berkeley Square, Mayfair, W1J 6BD
    from £480.00

    Contemporary serviced office space Mayfair occupies the 1st and 2nd Floor of Berkeley Square House, offering fully furnished offices delivered to a high specification throughout and fitted with the l…
    Find out more...

  5. Mayfair
    • Managed
    Oxford Street, Mayfair, W1C 2NB
    from £400.00

    If your seeking a new home for your business, rent serviced offices in Mayfair with excellent transport links. Perfectly located right beside Bond Street station, in the electric buzz of Oxford Street…
    Find out more...

  6. Soho
    • Coworking
    • Managed
    • Meeting Rooms
    • Serviced
    Golden Square, Soho, W1F 9JB
    from £700.00

    Situated on leafy Golden Square, these offices to rent in Soho have been newly refurnished and provide a stunning boutique working environment oozing character and style. All offices to let is flo…
    Find out more...

  7. 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...

  8. Mayfair
    • Managed
    Business Cube, 65, Curzon Street, Mayfair, London, W1J 8PE
    £POA

    Situated just off Berkeley Square, rent an office in Mayfair in this stunning, newly refurbished property offers self-contained office space to larger businesses seeking flexibility. Boasting a large,…
    Find out more...

  9. Mayfair
    • Serviced
    Cork Street, Mayfair, W1S 3LZ
    from £720.00

    Office space to rent in Mayfair. This amazing period style building, showcases modern contemporary design-led interior space. It has been recently refurbished throughout, offering high-quality office …
    Find out more...

  10. Oxford Street
    • Meeting Rooms
    • Serviced
    Eastcastle Street, Fitzrovia, W1W 8DY
    from £950.00

    Located in the heart of Fitzrovia, this property has undergone an extensive refurbishment to provide design-led flexible workspace of the highest specification. Comprising 6 floors of inspiring worksp…
    Find out more...

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  • Ian Kitchener
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  • Michael Fraser
or call +44 20 7484 9266

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Ifhat Shaheen-Smith,
Sinnan Wren
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Reviews

Prospero Group Ltd

They find great space and help us negotiate really good deals

AirX Charter Limited

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

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.

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

Stobbs IP

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

Eleanor Care

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

VEON

Excellent service from the team at Find a London Office!

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