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Michael Shaw,
Aegis Energy

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Serviced office or conventional lease? A beginners guide
From The Knowledge

Serviced office or conventional lease? A beginners guide

Learn the key differences between serviced offices and a conventional lease to help you decide what's best for your business.

Read More

Shoreditch At a glance...

  • London’s digital creative hub centred around Shoreditch High St & Old Street Roundabout
  • Prime location for ambitious tech firms preferring edgy, quirky office spaces.
  • Large corporates & startups coexist – sometimes in the same office building
  • New developments offering large floors to major tenants and small office space for startups – private offices and shared space
  • Quirky, interesting Shoreditch office buildings with natural light, timber beams and  high ceilings – an ideal location for the right type of business
  • Excellent transport links: overground rail from Shoreditch High Street Station & London Underground from Old Street Station
  • AKA Silicon Roundabout and Tech City!
Office Space in Shoreditch
Shoreditch Office Space

Rental Guide for Office Space in Shoreditch

A Price Guide for conventionally leased office rent in Shoreditch

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 £55
Rates £20
Service Charge £15
Total Cost £90
A Price Guide for renting serviced Shoreditch office space

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 £500

Compare office rent in Shoreditch 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 Shoreditch office space.

About Shoreditch

Office Space in Shoreditch

Shoreditch is a popular location around Old Street Roundabout reaching further East along Shoreditch High Street.

Creative Shoreditch office space is far more than just a cheaper alternative to offices in Soho or Farringdon & Clerkenwell. And as office rent in Shoreditch rises, they’re not even a cheaper alternative anymore.

Companies in Shoreditch benefit from a creative tech hub which is continuing to attract large and small companies looking for a little bit more. A creative work environment, populated by like-minded people.

Sometimes self-deprecatingly nicknamed Silicon Roundabout and more excitingly Tech City, vibrant Shoreditch has created a bit of a buzz in recent years. Large numbers of innovative tech and creative startups have flocked to Shoreditch – initially because it was markedly cheaper than an office in Soho – traditionally the preferred home of creative industries – but also because Old Street is perceived as a bit edgy and architecturally unusual. Converted buildings with natural light, timber beams and high ceilings make an office in Shoreditch an ideal location for the right type of business. Government investment sealed the area’s reputation as a technology hub and prime location in its own right.

Interesting and quirky office space can be found in Shoreditch. Old warehouse buildings converted into both shared and private office space – for example Derwent London’s Tea Building– are large enough to accommodate an entire cluster of young tech, creative, media and fashion businesses.

New Shoreditch office developments have attracted big businesses such as Yammer, McCANN, digital, Bloomberg, TransferWise & OpenTable. And they are being joined by the energy of smaller companies and startups, sometimes in the same building. Shoreditch has become a melting pot of creativity, making it a hugely popular area for aspiring businesses.

To exploit growing demand for flexible, serviced office space in Shoreditch, coworking specialists WeWork have leased 7 floors at the Tower, by Old Street roundabout. This space has been repackaged and let to small and dynamic companies looking for serviced office space in Shoreditch – on far more flexible terms than they can get from traditional landlords. Most Shoreditch serviced office space operators also offer virtual offices – a virtual business address, without the physical space – as well as flexible meeting room hire.

Occupants of Shoreditch office space benefit from excellent rail & tube transport links (Old Street and Shoreditch High Street Station) and a huge variety of leisure facilities including lots of smaller independent restaurants and shops – all within short walking distance.

Map of Shoreditch

Underground Stations

  • Old Street
    • Northern
  • Moorgate
    • Circle
    • Hammersmith and City
    • Metropolitan
    • Northern

National Rail Stations

  • Old Street
  • Moorgate
  • Shoreditch High Street
  • London Liverpool Street

Bike Docking Stations

  • Old Street Station, St. Luke's
  • Bath Street, St. Luke's
  • Baldwin Street, St. Luke's
  • Leonard Circus , Shoreditch

Business in Shoreditch

  • Technohub cluster centred on Old St Roundabout in Shoreditch
  • Excellent rail and tube transport links with easy access to the City and other London areas.
  • Heady mix of established businesses and energy of smaller startups – often under the same roof.
  • Offices in Shoreditch: ideal for creative and tech startups
  • Excellent Networking opportunities in coworking space

Leisure & Culture in Shoreditch

Popular Business Addresses in Shoreditch

The most sought after office locations within Shoreditch include:

Office Types available to rent in Shoreditch

These types of office can all be found in Shoreditch:

Nearby Areas

Other commercial office areas located close to Shoreditch

  1. Shoreditch
    • Coworking
    • Serviced
    East Road, Old Street, London, N1 6AD
    £POA

    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 creati…
    Find out more...

  2. The City of London
    • Meeting Rooms
    • Serviced
    Finsbury Avenue, Liverpool Street, London, EC2M 2PA
    £POA

    Located in the heart of Broadgate, a stones throw from Liverpool Street, this flexible workspace offers a diverse community connecting innovation and finance. The building reception space is a strikin…
    Find out more...

  3. Shoreditch
    • Coworking
    • Serviced
    Ethical Property, The Grayston Centre, 28, Charles Square, Shoreditch, London, N1 6HT
    from £250.00

    From small and self-contained offices, through to larger open-plan workspaces, this Business Centre provides space to suit all requirements. Whether you are an already established firm or an entrepren…
    Find out more...

  4. Shoreditch
    • Managed
    Hewett Street, Shoreditch, EC2A 3NN
    from £300.00

    Based in the heart of Shoreditch at Hewett Street, EC2 this well presented office space is surrounded by culture and nightlife and on the doorstep of the new Stage development. Set up to meet the cha…
    Find out more...

  5. Shoreditch
    • Coworking
    • Managed
    • Meeting Rooms
    • Serviced
    Appold Street, Shoreditch, EC2A 2AP
    from £570.00

    Situated where Shoreditch meets Liverpool Street station, this community driven flexible workspace offers a stunning environment promoting creativity, innovation and collaboration. Boasting a mix of c…
    Find out more...

  6. The City of London
    • Coworking
    • Serviced
    Cocoon Global, 4, Christopher Street, Liverpool Street, London, EC2A 2BS
    £POA

    Rent office space in Liverpool Street and choose the space you want to work in. Modern offices with flexible leases in central London. Free choice of seat for coworking or private office space. No mat…
    Find out more...

  7. Shoreditch
    • Serviced
    Dufferin Street, Shoreditch, EC1Y 8PD
    from £400.00

    Home to a collection of creative, design, tech and media businesses, this serviced office in Shoreditch has undergone an extensive refurbishment and features fully furnished office space to rent, bene…
    Find out more...

  8. The City of London
    • Managed
    Finsbury Square, London, EC2A 1HD
    £POA

    Set on Finsbury Square, a tranquil setting in the heart of the City of London, this workspace comprises 6 floors of fully customisable office space, each circa 15,000sqf to accommodate up to 150 desks…
    Find out more...

  9. Farringdon & Clerkenwell
    • Managed
    Needspace 77, Bastwick Street, Clerkenwell, London, EC1V 3PS
    £POA

    The property has recently been refurbished to create contemporary flexible office space in Clerkenwell. Exposed concrete down stand beams and floor columns, new oak raised flooring, modern suspended l…
    Find out more...

  10. Shoreditch
    • Coworking
    • Serviced
    Great Eastern Street, Shoreditch, London, EC2A 3EJ
    from £875.00

    This stunning property, located on Great Eastern Street, has undergone an extensive refurbishment to provide best in class, design-led, community-led, flexible workspace in the heart of Shoreditch. …
    Find out more...

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Their great strength…is their diligence in getting the detail right

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Colin Cannings,
Cannings Connolly
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Reviews

VEON

Excellent service from the team at Find a London Office!

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.

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

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.

Stobbs IP

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

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