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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.

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 £50
Rates £18
Service Charge £10
Total Cost £78
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 £550

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.

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.

Looking for office space in Waterloo & London Bridge?
Ben Neale:

If you’re looking for office space in Waterloo & London Bridge, 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 Waterloo & London Bridge

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

  • A selection of office suites with this Grade II Listed former fire station. Four office suites over 1st (front), 2nd 3rd and 4th floors. Total 5,480ft2 - £156,180pa

    Georgian period three storey office building on Burney Street. Each office is well specified as follows:

    Ground Floor Office 478ft2 43.5m2

    1st Floor Office 484ft2 44m2

    2nd Floor Office 484ft2 44m2

    Total 1446ft2 131.5m2

  • The available accommodation comprises the mezzanine and first floor of this multi-let office building. The 1st floor is a media style unit with exposed brickwork, while both floors benefit from wooden parquet flooring, central heating and each have a kitchenette in situ.
  • The property is arranged open plan separated by glass partitioning benefitting from good natural light, air conditioning, rear car parking etc.
  • The space is arranged over part 2nd floor, in fitted condition, with lift access from a grand lobby area.

    A majestic building of notable fame, being home to the Sea Life London Aquarium and the London Dungeon. The building neighbours the London Eye and shares the locality with the National Theatre, the British Film Institute, the iMax Cinema, and Royal Festival Hall. Prominent luxury hotels on the Southbank include the Marriott County Hall, the Park Plaza and the Mondrian, as well as the Corinthia and the Savoy across the River Thames.
  • These new stylish and contemporary offices benefit from their own entrance and window frontage. Planned over lower ground, ground and first floor, the offices are presented in clear open plan space.
  • Elephant and Castle is benefitting from large scale regeneration with a £3bn programme in place. The existing shopping centre is set to be completely demolished with a new pedestrianised town centre and market square, a complex of hotels, quality housing, six new public squares and the largest new park in London for 70 years.
  • The available space is arranged over the first floor and will provide 12,661ft2 of open plan creative office space. Access to the first floor is via the main ground floor entrance that benefits from a passenger lift and staircase leading to the first floor. Once refurbished, the office will be DDA compliant. It may be possible, if required, that subject to planning the whole ground floor of 9,942ft2 can be included with the first floor. The floor will be offered in a shell condition and benefiting from an impressive frontage onto the High Street. The unit benefits from a generous ceiling height of c.4.5m as well as loading access to the rear. The building lies on the north side of Lewisham High Street about 50 metres west of the junction with Lee High Road (A20) and Belmont Hill as well as opposite the entrance to Lewisham Shopping Centre. Lewisham station (DLR and Mainline services) is less than 5 minutes walk to the north west. The building is close to a wide range of established local amenities on Lewisham High Street and Lewisham Shopping Centre, with a wide variety of retail and leisure offerings available. Notable occupiers in the vicinity include CeX, Boots, Soho Gyms, Nandos, Marks & Spencer, WH Smith, Primark, Argos and Street Feast as well as numerous other established occupiers within the shopping centre.
  • The part second floor is currently arranged with 32 open plan desks, a reception/waiting area, 1 x 14 person, 1 x 6 person and 1 x 4 person meeting rooms, 2 x large executive offices, a kitchen/breakout area, a server room and ample wall storage facilities.
  • The building is currently being rebuilt around some of the existing structure. It will provide high quality offices, the lower ground to third floors, with residential units above. Contemporary fixtures will be used throughout, including a striking new reception area. The building will be ready in Autumn 2017.

    Southbank is one of LondonxR1s leading cultural hub and home to some of the capitals most renowned institutions.

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: you’ll  leased offices and serviced offices in Waterloo and London Bridge, including coworking and shared space. Virtual offices – a high profile business address without the costs of a permanent physical space – with or without temporary meeting room hire – are also popular options for dynamic, modern businesses.

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

Available Offices in Waterloo & London Bridge

  • Banning Street, Waterloo & London Bridge, Royal Greenwich SE10
    • Practical completion May 2019
    • Fitted out to shell and core.
    • B1 Use
    • Virtual freehold on new 999 year leases.
    • Consideration may be given to letting the units on new full repairing and insuring leases subject to covenant strength and lease term.
  • Boundry Row, Waterloo & London Bridge, London SE1
    • Prime Waterloo
    • Flexible terms
    • Fully furnished
    • IT/telephony
    • Unique fit-out
    • Meeting rooms
    • Onsite café/bar
    • Breakout areas
    • Admin support
  • Waterloo Station, Waterloo & London Bridge, London SE1
    • Prime Waterloo
    • Flexible Terms
    • Fully Furnished
    • IT & Telephony
    • Meeting Rooms
    • Breakout Spaces
    • Focus Booths
    • Lounge
    • Co-working Space
    • Private Offices
  • Tanner Street, Waterloo & London Bridge, London SE1
    • Prime Bermondsey
    • Flexible Terms
    • Fully Furnished
    • IT & Telephony
    • Meeting Rooms
    • Phone Booths
    • Warehouse Style
    • Roof Terrace
    • Serviced Offices
    • Co-working Space

Let us find you an office in Waterloo & London Bridge

Find Office Space in Waterloo & London Bridge 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