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Cannings Connolly

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6 ways to save money on office space in London
From The Knowledge

6 ways to save money on office space in London

If your business is based in London, running an office is probably one of your biggest costs, second only to staff salaries. Here are our top 6 tips to save money on London office space. Some of them may seem obvious, but when our clients consider all of them, we have always helped them make significant savings.

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Farringdon & Clerkenwell Serviced Office Rental Guide

A Price Guide for Renting Serviced Office Space in Farringdon & Clerkenwell
Approximate cost per desk, per month
type from to

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.

Hot Desk £150 £350
Dedicated Desk £300 £500
Private Office £400 £800

Compare serviced office rent in Farringdon & Clerkenwell to rent other London locations.

Office Space in Farringdon & Clerkenwell
Office Space in Farringdon & Clerkenwell

Popular Business Addresses in Farringdon & Clerkenwell

The most sought after office locations within Farringdon & Clerkenwell include:

Near Farringdon & Clerkenwell

Other commercial office locations near Farringdon & Clerkenwell

Serviced Offices in London

Flexible, serviced offices can be found throughout London, with many providers offering coworking space, meeting rooms and virtual offices.

For more general information about flexible office space, please see our Serviced Offices in London guide.

We also have location guides for serviced offices in other London locations:

Why Rent a Serviced Office in Farringdon & Clerkenwell?

Serviced offices in Farringdon and Clerkenwell are largely – although not exclusively – occupied by companies in the creative media, digital and IT sectors.

Typically, companies looking to rent office space in Farringdon and Clerkenwell fit a specific profile. Compared with most offices to rent in London, Farringdon and Clerkenwell space tends be quirky and unconventional. Unlike traditional commercial office space, many of these office building were originally industrial properties. Exposed internal brick walls, high ceilings and wooden floors are very common in this type of space. New offices created from refurbished industrial space are extremely popular with the right sort of company. More and more businesses want to avoid the professional or corporate feel in favour of more creative office space. If that sounds like your company profile, renting available office space in Farringdon and Clerkenwell is a good option.

The advantage of serviced office spaces

A typical business centre in Clerkenwell and Farringdon offers full-furnished flexible workspace with high speed broadband internet included in the rent. Co working spaces (with hot desking) in an open plan, shared office are widely available for entrepreneurs, start ups and freelancers. Larger, more established businesses often prefer more traditional self-contained executive office space – also on offer from most serviced providers. Many providers also offer conference rooms by the hour. On the other hand, if you simply need a Farringdon business address – rather than permanent physical desk space – virtual office services are also on offer.

Above all, business centres offer very flexible terms for all types of serviced space, with rent calculated per-workstation. The serviced office rental formula is perfect for a growing business, with minimal exposure to risk.

Compared to the London office market as whole, serviced offices rents in Farringdon and Clerkenwell are in the mid-range. Just north of the more expensive Holborn and The City of London, it’s an ideal business address for companies with clients in these two areas. If you’ve started your office search in Clerkenwell and Farringdon, specifically looking to rent serviced offices, Shoreditch – a similar location just to the east – is also worthy of consideration.

Transport links in Farringdon and Clerkenwell are excellent. Specifically, Barbican Station and Farringdon Station provide national rail and tube services. Additionally, the Elizabeth Line (Crossrail) is under construction and will stop at Farrindon once it’s open.

Business Networking

Clerkenwell BNI hosts weekly breakfast meetings on Thursdays – which includes networking and referrals for local businesses.

Business Lunch

If you’re looking for venues to wine and dine your clients, restaurants in Farringdon and Clerkenwell include The Modern PantryFoxlow and Granger & Co.

For more information, please see our location guide for office space in Farringdon & Clerkenwell.

  1. Farringdon & Clerkenwell
    • Coworking
    • Serviced
    Rosebery Avenue, Clerkenwell, EC1R 4SR
    from £350.00

    Designed as a working space that encourages creativity, this Clerkenwell property features exposed beams, reconditioned metal piping and sandblasted brickwork but has a small, personable scale not fou…
    Find out more...

  2. Holborn
    • Coworking
    • Serviced
    Fulwood Place, Holborn, WC1V 6HG
    from £675.00

    This Centre opened in October 2020 named The Fulwood is a brand-new private location based in the heart of midtown. The property extends over 18,000sqft and comprises of small to large offices, meetin…
    Find out more...

  3. The City of London
    • Coworking
    • Serviced
    Aldersgate Street, Barbican, EC1A 4JQ
    from £575.00

    Opening in September 2021. Here you will find, private office space, flexible hot desking, bookable meeting rooms, private phone booths, comfortable breakout spaces, fully-equipped kitchen, secure bik…
    Find out more...

  4. Farringdon & Clerkenwell
    • Coworking
    • Serviced
    Snow Hill, Farringdon, EC1A 2AY
    from £500.00

    Stunning boutique style office space located a short walk from Farringdon is run by an independent serviced office operator that pride themselves on personal service and attention to detail. Offic…
    Find out more...

  5. Bloomsbury
    • Serviced
    Roger Street, Bloomsbury, WC1N 2JU
    from £890.00

    A stunning courtyard oasis which leads into a cool and sophisticated reception space. The office spaces have been designed to a high-quality specification with brand new M&E throughout. The spacious o…
    Find out more...

  6. Holborn
    • Coworking
    • Serviced
    Gray's Inn Road, Holborn, WC1X 8AQ
    £POA

    Offering stylish, modern office and studio spaces in Holborn on Gray's Inn Road from 100 to 20,000 sqft, these striking workspaces are beautifully refurbished to a high standard. Within you will find …
    Find out more...

  7. Holborn
    • Serviced
    Verulam Street, Chancery Lane, WC1X 8LZ
    £POA

    Peer House has recently undergone a full refurbished and boasts six floors of high specification, modern and stylish office space. Ready for occupation the Centre can accommodate a variety of office s…
    Find out more...

  8. Holborn
    • Serviced
    Southampton Buildings, Chancery Lane, WC2A 1AP
    £POA

    Having recently undergone an extensive refurbishment, this stunning 8-floor period style property is just a stone's throw from Chancery Lane tube station. These prestigious serviced offices combin…
    Find out more...

  9. Shoreditch
    • Coworking
    • Serviced
    Old Street, Old Street, EC1V 9AE
    from £450.00

    Newly refurbished to a stunning specification, this creative style office space in Old Street, comprises private office space, with high exposed ceilings with original parquet flooring, all fully furn…
    Find out more...

  10. Farringdon & Clerkenwell
    • Serviced
    St. John's Lane, Farringdon, London, EC1M 4BS
    £POA

    Ideally situated and newly refurbished to a stunning specification, these serviced offices in Farringdon provide an inspirational setting for any business. With contemporary office space suitable for …
    Find out more...

Map of Farringdon & Clerkenwell

Tube Stations

  • Farringdon
    • Circle
    • Hammersmith and City
    • Metropolitan
  • Barbican
    • Circle
    • Hammersmith and City
    • Metropolitan

National Rail Stations

  • Farringdon

Bike Docking Stations

  • Clerkenwell Green, Clerkenwell
  • Berry Street, Clerkenwell

Need help with your office search?

  • Stephen Weitzmann
  • Michael Fraser
  • Jon Franks
or call +44 20 7484 9266

Experts in their field, with a creative, persistent and enthusiastic approach.

5
Shelagh Pope,
Reed Elsevier
More client reviews

Reviews

Eleanor Care

The whole process was turned around in 2 working days and we are delighted with our new office.

Stobbs IP

Find a London Office were fun to work with, knowledgeable, well connected and strong negotiators

AirX Charter Limited

They negotiated a great deal with a better rent free than we were expecting

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

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.

VEON

Excellent service from the team at Find a London Office!

Prospero Group Ltd

They find great space and help us negotiate really good deals

  • Eleanor Care Eleanor Care
  • Stobbs IP Stobbs IP
  • AirX Charter Limited AirX Charter Limited
  • Huajin (Hongkong) LTD Huajin (Hongkong) LTD
  • Argon & Co Argon & Co
  • VEON VEON
  • Prospero Group Ltd Prospero Group Ltd
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