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.

Conventional Lease (per ft2 per year)
Rent £63
Rates £21
Service Charge £9
Total Cost £93
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 £700

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.

A quide to the City of London from a commercial perspective. The guide is aimed at business looking for 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

  • **The City of London**
    First Floor To Let located Cheapside, EC2 - Approx. 1,499ft2 - Available on a short term basis with a lease until October 2020 via either a sub-lease or assignment - Quoting rent £20 per ft2 - Est. Service Charge £12.27 per ft2 - Kitchenette - Comfort cooling - LG3 lighting - Lift - 24 hour access
  • **The City of London**
    Offices To Let located on Lloyd's Avenue, EC3 - Fourth floor of approx. 3,817ft2 - VRV air conditioning - Lifts - Basement storage - Shower facilities - New lease direct from the landlord for a term by arrangement - Rent £57.50 per ft2 pax - Service charge £9.39 per ft2 pax
  • **The City of London**
    Two floors remaining located on Cornhill, EC3 - Sixth floor 1,279ft2/Fourth floor 2,090ft2 - Currently under refurbishment to provide high quality CAT A space - Lift - Manned reception - New kitchens - Showers - Terms upon application - Quoting Rent £65 per ft2 - Service charge £11.34 per ft2
  • **The City of London**
    Office Space To Let located on Long Lane, EC1 - First floor of approx. 2,290ft2 - Comfort cooling - Lift - Solid floors with perimeter trunking - Car parking by separate arrangement - Existing leases to 23/6/2021 without rent review - Rent £27.50 per ft2 plus VAT - Service charge £11.50 per ft2 (approx.) plus VAT - Available by way of an assignment of sub-lease - Extension leases may be available by separate negotiation
  • **The City of London**
    Fitted Out Third Floor Office To Let located on Lime Street, EC3 - Approx. 1,850ft2 - High speed fibre in situ - Furniture available by arrangement - Manned reception - Showers - Air conditioning - Lifts - Kitchen - 2 meeting rooms - Sub lease or Assignment until November 2019, or a new lease by arrangement - Passing rent £46 per ft2 - Service charge est. £13 per ft2

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. Now it’s just 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 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

Let us find you an office in The City of London

Find Office Space in the City of London Now!
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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