Paddington Office Rental Guide

A Price Guide for Renting Leased Office Space in Paddington

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.

Conventional Lease (per ft2 per year)
Rent £65
Rates £22
Service Charge £9
Total Cost £96
A Price Guide for Renting Serviced Office Space in Paddington
Serviced offices provide an all-inclusive fully furnished solution with telecoms, internet and power and business rates all included in the monthly rent.
Serviced Space (per desk, per month)
Total Cost £475

Compare office rent in Paddington 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 Paddington.

A guide to Paddington in London from a commercial perspective. The guide is aimed at businesses looking for office space in Paddington or London in general.

A real game-changer...will be the introduction of the Elizabeth line at the end of 2018, which is going to make journey times to places like Bond Street or Canary Wharf very quick indeed.

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

Paddington is one of London’s newest office locations, built around Paddington Station itself and Paddington Basin. It’s got strong communications from the station to the West Country and also Heathrow Airport. A real game-changer, like other parts of Central London, will be the introduction of the Elizabeth line at the end of 2018, which is going to make journey times to places like Bond Street or Canary Wharf very quick indeed.

At the end of the last century, Paddington had really become just a little bit seedy, with lots of little backpacker hotels and things like that. But it is much, much better now. And there has been huge development by the Basin. Today there are buildings built by people like British Lend, for example Four Kingdom Street, which provides pretty innovative office spaces available on all-inclusive terms, but where people are actually able to give branding to their own companies and reflect their identity.

My favorite spot in Paddington would have to be the Italian fountains in Kensington Garden Square and also the Mitre Pub on Craven Terrace.

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

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Available Offices in Paddington

A snapshot of the latest commercial property in Paddington

  • **Paddington**
    Refurbished Part Third & Ninth Floors To Let located on North Wharf Road, Paddington - Accommodation available from 8,000 to 29,576ft2 - New leases direct from the landlord - Rent £65 per ft2 - Service charge £12.47 per ft2 - Secure bike storage - Shower facilities
  • **Paddington**
    Part Second Floor To Let located on Praed Street, Paddington - Approx. 683ft2 - Wooden floors - Central heating - Sublease for a term maximum term until August 2020 - Rent £35 per ft2 - Est. Service charge £7.60 per ft2
  • **Paddington**
    Office floor to let located located on Praed Street, W2 - Fifth floor of approx. 1,750ft2 - New lease by arrangement at a rental to be agreed - Lifts - Air conditioning - Commissionaire
  • **Paddington**
    Third Floor Office To Let located on Edgware Road, Maida Vale - Approx. 750ft2 - New lease direct with the Landlord until November 2021 - Rent £35 per ft2 - Service charge £5 per ft2
  • **Paddington**
    Fourth Floor To Let located at Connaught Place, W2 - Approx. 3,674ft2 - Air conditioning - Lifts - Cycle spaces - Showers - New lease direct from the landlord for a term by arrangement - Rent £79.50 per ft2 - Service charge £11 per ft2

About Paddington

Paddington Offices

Paddington is situated in London W2, approximately a mile to the west of Marble Arch at the west end of Oxford Street. It is the area immediately next to London Paddington Station, a short walk north of huge green spaces of Hyde Park and Kensington Gardens.

The area is steeped in history and is close to chic residential areas including Maida Vale, Notting Hill & Bayswater.

Redevelopment of Paddington Basin since the turn of the millenium, with a mix of residential, retail and office space – constructed alongside the canal, attractively linked by towpaths and bridges – has helped to transform the area. Large scale office space in Paddington Basin has in attracted major corporate occupiers: Marks & Spencer moved their Head Office to Paddington Basin from Baker Street in 2004. However, start-ups and SMEs looking for smaller office space in Paddington have struggled until recently, with developers catering primarilly for larger corporate tenants.

Today, however, a host of new office operators are offering smaller serviced offices in Paddington on flexible terms. And a more traditional landlord – British Land – has introduced an innovative all-inclusive rental deal at 4 Kingdom Street within the new Paddington Central campus, opposite Paddington Station. The deal provides tenants with a fitted out, branded office. The building also offers a range of impressive facilities, including London’s highest basketball court.

For startups and established businesses who prioritise networking and flexibility, Eastbourne Terrace provides shared, co-working office space in Paddington, along with meeting rooms and virtual office facilities.

Excellent communications into central London are provided via London Paddington and Lancaster Gate Tube Station. The 20 minute Heathrow Express from London Paddington to Heathrow Airport is one of the areas most important links. This will be complimented (in December 2018) by the Elizabeth Line (Crossrail), which will connect West London with Farringdon and Canary Wharf in the East in a matter of minutes.

Map of Paddington

Tube Stations

  • Paddington
    • Bakerloo
    • Circle
    • District
  • Lancaster Gate
    • Central
  • Paddington (H&C Line)-Underground
    • Circle
    • Hammersmith and City
  • Edgware Road (Bakerloo)
    • Bakerloo
  • Edgware Road (Circle Line)
    • Circle
    • District
    • Hammersmith and City

National Rail Stations

  • London Paddington
  • London Marylebone

Bike Docking Stations

  • Winsland Street, Paddington
  • South Wharf Road, Paddington

Leisure & Culture in Paddington

Business in Paddington

  • Excellent transport links from London Paddington: National Rail to the West Country & Wales, Heathrow Express and the Elizabeth Line (Crossrail) from December 2018
  • Large, modern office space with first class facilities in Paddington Basin & Paddington Central.
  • New shared, co-working and serviced office space with meeting rooms and virtual office facilities.

Popular Business Addresses in Paddington

The most sought after office locations within Paddington include:

Types of Office available in Paddington

These types of office can all be found in Paddington:

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Flexible, Serviced Office Space

Fast, flexible, managed offices for both startups and fast-growing, established London businesses

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Leased Office Space

Longer term offices for rent - ideal for larger, established London businesses, able to make a longer commitment

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Co-Working Office Space

Very flexible, dynamic, shared offices - ideal for London startups

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Freehold Office Space

Buy and own your London office for full control over your business space

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