Waterloo & London Bridge Office Rental Guide

A Price Guide for Renting Leased Office Space in Waterloo & London Bridge

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 £50
Rates £18
Service Charge £9
Total Cost £77
A Price Guide for Renting Serviced Office Space in Waterloo & London Bridge
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 £413

Compare office rent in Waterloo & London Bridge 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 Waterloo & London Bridge.

A guide to Waterloo & London Bridge in London from a commercial perspective. The guide is aimed at businesses looking for office space in Waterloo & London Bridge or London in general.

It is much cheaper than the City, but it's just over the water from the City, so it has very good access to all of the more central business districts.

Waterloo & London Bridge: a commercial guide for businesses looking for office space in London
Michael Fraser:

Waterloo and London Bridge. We listed on the website with those two stations as the heading because, in our experience, that’s the request that people put in when they’re searching for space. But it’s also known as Southwark, and it’s just over the river and below Holburn and the City of London. So it’s very close to the river Thames. It’s particular attraction is, of course, in the name that we use, Waterloo Station and London Bridge Station with the commuting benefits that are obvious.

It’s basically an old area that had lots of mixed occupation, a lot of light industry, but now a lot of new businesses have moved there. The businesses that have gone there, there is little mixture from professional through to service industries and other general categories. It is much cheaper than the City, but it’s just over the water from the City, so it has very good access to all of the more central business districts. Recently there’s been a huge amount of redevelopment along the bit nearest the river, with the result that because the product is there and the proximity to the City, a lot of occupiers have moved there from other areas. And I can think of firms of solicitors who’ve moved there because the buildings are good, the rent is much lower, and the atmosphere is very nice for staff because as soon as office buildings are built, other support services appear, restaurants, cafes, that sort of thing. So it’s becoming increasingly popular with younger staff.

What’s interesting about the area? Well, the river, as you can see from either of the bridges. Or, in my view, much more interesting, the terrific river bus service, which runs between Putney, where I live, and Woolwich. What a great form of commuting.

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Available Offices in Waterloo & London Bridge

A snapshot of the latest commercial property in Waterloo & London Bridge

  • **Waterloo & London Bridge**
    Modern Office To Let located on Tanner Street, SE1 - Ground floor of approx. 1,530ft2 - Fully fitted kitchen - Storage room - Meeting rooms - Comfort cooling - Large window frontage - New flexible lease direct from the landlord - Rent £68,850 pa - Service charge £1,193 pa - VAT applicable
  • **Waterloo & London Bridge**
    A1/A2 Unit To Let located on Westminster Bridge Road, Waterloo - Total approx. area 4,986ft2 over Basement, Ground & First Floors - New air conditioning - Terms upon application - Rent £200,000 pa - Estate Charge approx. £20,000 pa
  • **Waterloo & London Bridge**
    B1 Premises To Let located at Walcot Square, Kennington - Ground floor of approx. 484.37ft2 - New lease on terms to be agreed - Rent £12,000 pa
  • **Waterloo & London Bridge**
    Newly Refurbished Serviced Offices To Let located on Great Suffolk Street, SE1 - From approx. 850 to 1,850ft2 over ground and first floor - Communal lounges/breakout area - New communal kitchen - Shower - Bike rack facilities - Furnished - On site community manager and staff - All Inclusive Rents: £7,000 pcm & £10,000 pcm
  • **Waterloo & London Bridge**
    Fitted Out Plug & Play Office accommodation available located on York Road, SE12 - Remaining space of approx. 7,355ft2 - On site security - 24 hour access - Showers - New leases for a term certain until December 2018, subject to rolling 6 monthly breaks thereafter - Rent £25 per ft2 - Service charge £9 per ft2

About Waterloo & London Bridge

Offices in Waterloo & London Bridge

Office Space in Waterloo and London Bridge, collectively known as Southbank office space, is located in London SE1, immediately south of the Thames, between Westminster and Tower Bridge. The Southbank provides a full variety of office accommodation from very basic to top grade corporate space. SE1 includes all types of office space: leased, serviced offices, co-working and shared space in Waterloo, Southwark and London Bridge

The area is approximately equidistant between the West End and the City of London and attracts office occupiers from both markets Commuters from the suburbs and the home counties in the South East have easy access to Southbank offices via Waterloo Station – the UK’s busiest railway station – and the newly redeveloped London Bridge Station directly below the Shard.

In addition to office space, the Southbank has a great variety of other attractions. Culturally vibrant, the Southbank is home to landmarks and tourist attractions such as the The London Eye, the Tate Modern, the Royal Festival Hall, the National Theatre the Globe Theatre and the BFI IMAX Cinema.

Excellent Restaurants – such as the Baltic Restaurant, The Laughing Gravy and The Oxo Tower – grace the Southbank. Close to London Bridge, the famously vibrant Borough Market offers street food from all over the world. Street theatre, buskers and second-hand book markets are common sites along the riverside.

The Shard –  at 1,016ft (310m), the tallest building in Western Europe – located at London Bridge makes a stunning addition to the evolving London skyline. Home to the 5-star Shangri-La, the Shard provides a high-quality mix of hotel, residential, retail and office space in London Bridge.

As can be seen from our London office rental guide, rents are much lower than the West End and City of London office space, which are both close enough to make the relatively short travelling time economically beneficial.

Map of Waterloo & London Bridge

Tube Stations

  • Waterloo
    • Bakerloo
    • Jubilee
    • Northern
    • Waterloo and City
  • Lambeth North
    • Bakerloo
  • Southwark
    • Jubilee
  • London Bridge
    • Jubilee
    • Northern

National Rail Stations

  • London Waterloo
  • London Waterloo East
  • London Bridge

Bike Docking Stations

  • Lower Marsh, Waterloo
  • Waterloo Station 3, Waterloo
  • Waterloo Station 2, Waterloo
  • Waterloo Station 1, Waterloo
  • Baylis Road, Waterloo
  • Lambeth Palace Road, Waterloo

Leisure & Culture in Waterloo & London Bridge

Business in Waterloo & London Bridge

  • Full variety of office accommodation from tertiary to “Grade A” corporate space.
  • Attracts office occupiers from The West End and The City
  • Easy commute from the commuter belt in the South to Waterloo and London Bridge Station

Popular Business Addresses in Waterloo & London Bridge

The most sought after office locations within Waterloo & London Bridge include:

Types of Office available in Waterloo & London Bridge

These types of office can all be found in Waterloo & London Bridge:

Near Waterloo & London Bridge

Other commercial office locations near Waterloo & London Bridge

Let us find you an office in Waterloo & London Bridge

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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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