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The City of London Office Rental Guide

A Price Guide for renting leased office space in The City of London

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 £63
Rates £23
Service Charge £10
Total Cost £96
A price guide for renting serviced office space in The City of London
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 £600

Compare office rent in The City of London 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 The City of London.

It is, and always has been, the financial center of London, and hence, the financial center of the UK itself.

The City of London: a commercial guide for businesses looking for office space in London
Michael Fraser:

The City of London, also known as The Square Mile, is basically the eastern part of the central London business district, which therefore makes it east of Holborn, which some call Midtown. The communications are amazingly good in that there’s Liverpool Street, Fenchurch Street, Cannon Street, mainline stations, and underground stations everywhere. Also of great value, there’s the Docklands Light Railway, which runs from Bank over to Canary Wharf, which is now the more newly created financial area. Connection between those two areas is pretty vital for an awful lot of the occupiers in the City of London. It is, and always has been, the financial center of London, and hence, the financial center of the UK itself.

There’s been a massive amount of redevelopment going on in the city, and whilst a lot of the period properties are still there, and also there’s been a lot of redevelopment behind the period facades, the overall impression is of many, very impressive, and some very tall buildings. The Gherkin, The Cheesegrater, and so on. The major occupiers are financial, insurance, and the professions, and then generally a mixture of other support services. I was asked what my favorite bit of the City of London was, and frankly, one’s spoiled for choice. But the answer has to be Christopher Wren’s St. Paul’s Cathedral, which is, to use modern language, awesome.

Looking for office space in The City of London?
Ben Neale:

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

We have access to every available office on the London market. So please, just tell us roughly how many people you employ and how long you think you’ll need the space for and we’ll do our level best to help you.

Just click the button below to start your office search today.

Available Offices in The City of London

A snapshot of the latest commercial property in The City of London

  • New office development designed by Lifschtz Davidson Sandilands providing excellent Grade A office accommodation of c.165,000ft2.
  • Newly refurbished category A office space, the available floor has been fully refurbished to offer 5,445ft2 of flexible office space. Accessed via a contemporary manned reception, the office floor benefits from excellent natural light and high quality finishes.
  • A new building with a top specification including a minimum 1:8 occupancy throughout and any floor is capable of 1:6 occupancy (up to two floors in total). 1st, 2nd and 10th floors have an enhanced raised floor void, expertly designed to meet modern occupier needs.

    The building has a 7,000ft2 double height reception which creates an impressive arrival experience. It also has a lounge area for tenants, providing space for time-out of the office, or simply a spot to meet and greet clients. The office floors have floor to ceiling glazing which delivers excellent levels of natural light, and allows for brilliant views of Barts Square, St Paul’s Cathedral and the Shard. The spa like changing rooms provide an impressive 338 lockers as well as excellent showers and changing facilities.
  • Existing Leases on to 23 June 2021 without rent review at £28.50 per sq. ft. plus VAT without review.
  • A converted warehouse with a retained facade and contemporary new interiors.
  • The part sixth floor south provides 4,940ft2 of Category A office accommodation, available direct from the Landlord. Recently refurbished to a high specification, the space offers striking London skyline views with two private roof terraces and 234ft2 of storage.

    The office space is complimented with occupier amenities including a Virgin Active gym, a Bike Store (including bike racks, showers and locker facilities) as well as a stunning Cafe/Lounge area on the 1st floor.
  • Forming part of a modern predominantly office building with full height glazing at the front. The ground floor is a retail unit. The basement has a self contained entrance and lobby from Cloth Street.

    Offers invited. Consideration will be given to subletting either of the floor levels seperately.

  • High quality TMT style office space positioned within the unique and newly refurbished ButchersxR1 Hall. Topside is situated within the historic and comprehensively refurbished ButchersxR1 Hall. With unique character and design-led finishes the 3rd and 4th floors offer incoming occupiers modern and highly efficient office space, situated behind a period facade.
  • A third floor office unit arranged in a primarily open plan configuration, with a demised kitchenette and WC. The unit benefits from an excellent ceiling height and large windows on both the north and east elevations.
  • A fully refurbished building with a new facade over Basement, Ground and 6 upper floors with a Roof Terrace on the 7th floor for all occupiers with views along St Mary le Bow church to Cheapside.

About The City of London

City of London Offices

From the Roman settlement in 1AD until the Middle Ages, the City of London was almost London in its entirely. The modern local governing body – called the City of London Corporation – is probably the oldest elected local authority in the world, with records showing its existence from 1067, a year after the Norman Conquest.

Now the City of London is a small, yet vitally important component part of modern greater London.

Also known as The Square Mile, The City of London houses the financial centre of London and notably the Bank of England and the London Stock Exchange. Although many large financial bodies have moved east to Canary Wharf, the City of London continues to be home to financial services, the insurance industry and many of the professions. Many of these businesses are housed in high grade air-conditioned London city offices.

Ordinary quality city office space – which can be quite modest – are also available for rent at lower costs. This enables vital, smaller support companies – who interact with the large corporate occupiers on a daily basis – to rent City of London offices.

These days, start-ups and established businesses alike are more and more likely to choose flexible, serviced office space. Like the rest of the capital, serviced offices in the City of London are radically altering the market. Shared, co-working office space is also now available in the City for dynamic companies who prioritise networking and flexibility. Temporary meeting room hire also provides huge flexibility to small businesses.  Combined with a London City virtual office, start ups can immediately have a presence and a prestigious business address without the overhead costs of permanent physical space.

Communications in the City of London are very good indeed. National rail stations Cannon Street, Moorgate, Fenchurch Street, Liverpool Street are all within a short walking distance of the heart of the City of London.

Along with Bank tube station, Liverpool Street and Moorgate tube stations are all located very centrally within the financial district.

Liverpool Street station services Greater Anglia – including the Stansted Express – the fastest route between Stansted Airport and Central London. Trains depart every 15 minutes and take 47 minutes to or from Stansted.

Docklands Light Railway at Bank Station connects the City to Canary Wharf

A host of new tall commercial buildings have been built in the City of London over the past few decades, some with silly, but affectionate nicknames: The Gherkin (30 St Mary Axe), the Cheesegrater (Leadenhall Building) and the Walkie Talkie (20 Fenchurch Street) with its spectacular Sky Garden . Other famous buildings in the City include the Lloyd’s Building, Heron Tower, Tower 42 and the Barbican.

Modern commercial properties sit alongside far older City of London architecture, such as Christopher Wren’s St Paul’s Cathedral (re-built after the Great Fire of London destroyed much of the area in 1666), Goldsmiths’ Hall, Guildhall, Mansion House, Leadenhall Market and the Bank of England itself.

Map of The City of London

Tube Stations

  • Bank
    • Central
    • Northern
    • Waterloo and City
  • Cannon Street
    • Circle
    • District
  • Monument
    • Circle
    • District
  • Mansion House
    • Circle
    • District

National Rail Stations

  • London Cannon Street
  • Moorgate
  • London Fenchurch Street
  • London Liverpool Street

DLR Stations

  • Bank

Bike Docking Stations

  • Bank of England Museum, Bank

Leisure & Culture in The City of London

Business in The City of London

  • World class financial location
  • Office occupiers from the financial services, the insurance industry and many of the professions
  • Wide range of office types – from the very best, high grade air conditioned office buildings to more ordinary stock at lower rents
  • Stansted Express – the fastest route between Stansted Airport and Liverpool Street station – departing every 15 minutes and taking 47 minutes to/from Stansted.

Popular Business Addresses in The City of London

The most sought after office locations within The City of London include:

Types of Office available in The City of London

These types of office can all be found in The City of London:

Near The City of London

Other commercial office locations near The City of London

Available Offices in The City of London

Let us find you an office in The City of London

Find Office Space in the City of London Now!
Leased Office Space in London

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

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Serviced Offices in London

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

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Coworking Space in London

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

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Offices for Sale in London

Buy a freehold London office for full control over your business space and a financial investment

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Meeting Rooms in London

smart venues to meet clients and suppliers, interview employees, run training courses

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Virtual Office in London

The credibility and convenience of a business address in London without the expense and hassle of a permanent physical office

Find out more…

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Prospero Group Ltd

They find great space and help us negotiate really good deals

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.

  • Prospero Group Ltd Prospero Group Ltd
  • Huajin (Hongkong) LTD Huajin (Hongkong) LTD
  • AirX Charter Limited AirX Charter Limited
  • Argon & Co Argon & Co