Paddington At a glance...
- The West End’s newest large scale office location centered around London Paddington station
- Approximately a mile to the west of Marble Arch, a short walk north of Hyde Park
- Large, modern office space in Paddington has attracted major corporate tenants
- 20 minute Heathrow Express rail service between Paddington Station and Heathrow Airport
- National rail services to the West Country and Wales
- The Elizabeth Line (Crossrail) will open in 2018
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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Paddington Office Rental Guide
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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 |
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| Conventional Lease (per ft2 per year) | |
|---|---|
| Rent | £65 |
| Rates | £22 |
| Service Charge | £10 |
| Total Cost | £97 |
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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. |
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| Serviced Space (per desk, per month) | |
|---|---|
| Total Cost | £700 |
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.
About Paddington
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. Until recently, start-ups and SMEs have struggled to find smaller office space in Paddington, with developers catering primarily for larger corporate tenants.
However, a host of new operators are now offering smaller office space on very flexible terms: if you’re looking for serviced offices Paddington should be at – or near – the top of your list. 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, coworking 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
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Paddington
- Bakerloo
- Circle
- District
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Lancaster Gate
- Central
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Paddington (H&C Line)-Underground
- Circle
- Hammersmith and City
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Edgware Road (Bakerloo)
- Bakerloo
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Edgware Road (Circle Line)
- Circle
- District
- Hammersmith and City
National Rail Stations
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London Paddington
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London Marylebone
Bike Docking Stations
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Winsland Street, Paddington
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South Wharf Road, Paddington
Leisure & Culture in Paddington
- Bars & Pubs: The Green Man, Smiths Bar & Grill, The Porchester, The Westbourne
- Restaurants: The Summerhouse, Bel Canto
- Health & Fitness: Porchester Centre, Hotel Novetel London Gym, Little Venice Sports Centre
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:
Near Paddington
Other commercial office locations near Paddington
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Old Marylebone Road, Marylebone, London, NW1 Shortlisted
Marylebone
from £35.00 per ft2 per year- Leased
- Prime Location
- Penthouse office space
- the most incredible views of London
- .W.C.
- Self contained Kitchen
- Walking distance to the underground station
- Good natural light
- Air conditioning
- outside the congestion zone'
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Merchant Square, Paddington, London, W2 Shortlisted
Paddington
- Leased
- Air Conditioning
- Wi-Fi
- Wellness Room
- VOIP
- Snacks and Refreshments
- Showers
- Printing
- Phone Booths
- On Site Staff
- On Site Barista
- Mail Handling
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Hatton Street, Lisson Grove, London, NW8 Shortlisted
- Leased
The subject property is believed to have been originally constructed as an industrial warehouse in the late 1920s and subsequently converted to offices, and comprises part ground and mezzanine floors,…
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Edgware Road, Paddington, London, W2 Shortlisted
Paddington
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Old Marylebone Road, Marylebone, NW1 5RA Shortlisted
Marylebone
from £300.00 +VAT per person per month- Serviced
- Prime Marylebone
- Air conditioning
- Bike racks
- Break-out areas
- Cat 5 cabling
- Kitchen facilities
- Manned reception
- Meeting rooms
- Office cleaning
- Office furniture
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Kingdom Street, Paddington, W2 6BD Shortlisted
Paddington
from £499.00 +VAT per person per month- Coworking
- Managed
- Serviced
- Prime Paddington
- Flexible terms
- Private Office Space
- Co-working Space
- Break-out areas
- Broadband
- Kitchen facilities
- Meeting rooms
- Bike storage
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Merchant Square, Paddington, W2 1AY Shortlisted
Paddington
from £500.00 +VAT per person per month- Coworking
- Meeting Rooms
- Serviced
- Prime Paddington
- Flexible Terms
- Fully Furnished
- IT & Telephony
- Meeting Rooms
- Phone Booths
- Event Space`
- Break-out Areas
- Co-working Space
- Serviced Offices
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Harcourt Street, Marylebone, London, W1H Shortlisted
Oxford Street
from £24.50 per ft2 per year- Leased
- CAT A / Fully Fitted Options
- Rent - £24.50psf exc. for CAT A floors
- All inclusive terms available
- Kitchenettes on each floor
- 10Gb/s fibre internet + backup
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Praed Street, Paddington, London, W2 Shortlisted
Paddington
from £42.50 per ft2 per year- Leased
The available offices are situated on the second floor and are generally planned in clear space, although are capable of partitioning to provide cellular and open plan offices.…
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Eastbourne Terrace, Paddington, W2 6LG Shortlisted
Paddington
from £480.00 +VAT per person per month- Coworking
- Managed
- Meeting Rooms
- Serviced
- Prime Paddington
- Co-working Space
- Private Office Space
- Meeting Rooms
- Event space
- Broadband
- Private Phone Booths
- Break-out Areas
- Monthly Contracts
