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Renting office space in Outer London – A Beginner’s Guide
Our Beginner's Guide walks you through renting office space in Outer London. Pros & cons, plus key info to make an educated decision.
Read MoreSoho At a glance...
- In the heart of the West End
- Traditionally the home of the Media industry
- An evolving character caused by with rising rent
- A distinctive culture by day and and a vibrant nightlife.
- Wide range of office space, with lower rent than Mayfair
- Excellent communications
- Home to Chinatown and Carnaby Street
...a lot of companies that used to be in Mayfair have now chosen Soho, because of the rising Mayfair rents; so they've crossed Regent Street.
Soho: a commercial guide for businesses looking for office space in London
Michael Fraser:Soho is immediately to the east of Mayfair, and it has a very clear boundary between Mayfair and Soho, and that’s Regent Street. The area is great from a communications point of view. There are tube stations all over the place, and frankly it’s hard to be far from one of them.
Till the 1980s it was known especially for its nightlife, clubs, jazz clubs, eating establishments, that sort of thing, but, in recent years there’s been quite a lot of redevelopment. So, there is space there for large companies should they choose Soho. Interestingly, quite a lot of companies that used to be in Mayfair have now chosen Soho, because of the rising Mayfair rents; so they’ve crossed Regent Street, and they’re now in Soho.
One of the side effects of that is of course it’s, as the rents have risen in Soho, priced out a lot of the media companies, who’ve now, well, some still remain. A lot of them have had to go to places which we would describe as lower cost options, which is Clerkenwell, north of Oxford Street, those sort of areas where they can still get in to the center of the media area, but they bring their overheads down quite a lot.
The whole area, as I’ve said, has great atmosphere. Turn every corner, and there’s something new, interesting, just very pleasant. It’s reputed there are still many of some would call accommodating establishments for people to visit after their work hours.
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Rental Guide for Soho Offices
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) | |
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Rent | £75 |
Rates | £32 |
Service Charge | £15 |
Total Cost | £122 |
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) | |
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Total Cost | £600 |
Compare office rent in Soho 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 Soho.
About Soho
Soho – immediately to the East of Mayfair in London’s West End, spanning London W1F and W1D – has a long-established reputation for entertainment. Soho has its own distinctive culture and a vibrant nightlife. The original Soho House private members’ club (now a worldwide brand) is based here. Until the 1980s, Soho was also associated with the sex industry, but in recent decades, the area has undergone extensive – and for some, controversial – gentrification.
Soho is traditionally the home of the media industry: for decades, leading film and post-production companies have visibly dominated Soho office space. As Soho office rents have risen, some elements of the media industry have moved away from the West End to more cost-effective locations, to be replaced by a variety of non-media companies. Some of the corporate office occupiers have moved from the even more pricey Mayfair – across Regent Street – to fill the void in Soho.
Regardless of the occupiers, Soho office space with a traditional lease continues to very diverse: from top grade air conditioning premises to the most modest – much of the latter being converted from old light industrial buildings and houses. Serviced offices in Soho – including co-working space – are increasingly the choice of both start ups and established businesses who value flexibility. Virtual offices and meeting rooms for hire are also available – usually from serviced and coworking operators.
Communications in Soho are excellent, with Tube stations never more than a few minutes walk and for Charing Cross Station to the south for mainline train services.
Despite rising in recent years, Soho office rents are significantly cheaper than neighbouring Mayfair on the other side of Regent St.
Map of Soho
Underground Stations
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Tottenham Court Road
- Central
- Northern
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Leicester Square
- Northern
- Piccadilly
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Piccadilly Circus
- Bakerloo
- Piccadilly
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Covent Garden
- Piccadilly
National Rail Stations
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London Charing Cross
Bike Docking Stations
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Soho Square , Soho
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Moor Street, Soho
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Frith Street, Soho
Business in Soho
- Traditionally home to the Media industry
- Very wide range of office space from top grade to the most modest
- Excellent Communications
- Diverse range of industries, caused by rising rent
- Lower rents than Mayfar
Leisure & Culture in Soho
- Restaurants: Gauthier Soho, Ceviche Soho, Brasserie Zédel, Polpo Countless Chinese and South-east Asian restaurants in Chinatown
- Bars: Hix Soho, Soho House, Archer Street, Milk & Honey
- Health & Fitness: Soho Gyms, The Third Space
Popular Business Addresses in Soho
The most sought after office locations within Soho include:
Office Types available to rent in Soho
These types of office can all be found in Soho:
Nearby Areas
Other commercial office areas located close to Soho
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Oxford Street
- Managed
- Serviced
from £520.00An exciting opportunity to take a superbly refurbished 857sqft office in a quiet location near London's prime area of Oxford Street. This well-located large office space for rent in Fitzrovia is only …
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Oxford Street
- Managed
- Serviced
from £450.00This fully managed office space in Fitzrovia has won awards for it's exquisite interior design and fit-out. The space showcases an impressive interior staircase, and has luxurious finishes throughout.…
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Soho
- Coworking
- Serviced
from £999.99Offices to rent in Soho in this is an iconic building right in the heart of the West End. Located on Broadwick Street, this space is extremely well located, only a few minutes' walk from Carnaby Stree…
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Soho
- Managed
from £553.00Rent a London office space in this open plan, contemporary building accessible 24/7, located in the heart of vibrant Soho with an offering of collective amenities. Situated at the corner of Dean Stree…
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Bloomsbury
- Coworking
- Managed
- Serviced
from £400.00Ideal for start-ups and growing SME's, this serviced office in the heart of Bloomsbury brings something unique to the market. Offering both private and shared co-working office space in fully refu…
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Mayfair
- Managed
- Serviced
£POASavile Row has always been historically synonymous for bespoke tailoring, but in more recent years the area has been the go to location for clients seeking world class office space. The local area pro…
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Oxford Street
- Managed
from £600.00Amazing self-contained mews office space to rent in the heart of Fitzrovia. This characterful building has had all three floors newly refurbished. It is located north of Oxford Street, just off Eastca…
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Oxford Street
- Meeting Rooms
- Serviced
from £950.00Located 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…
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Oxford Street
- Coworking
- Meeting Rooms
- Serviced
from £700.00This 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…
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Mayfair
- Managed
from £800.00This modern office rental Mayfair, predominantly open-plan, is located on the fifth floor of this prominently located Savile Row building. The space which comes with its own reception area also provid…
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