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VEON

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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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The City of London Serviced Office Rental Guide

A Price Guide for Renting Serviced Office Space in The City of London
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 £200 £300
Dedicated Desk £325 £550
Private Office £400 £1,000

Compare serviced office rent in The City of London to rent other London locations.

Office Space in The City of London
Office Space in The City of London

Popular Business Addresses in The City of London

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

Near The City of London

Other commercial office locations near The City of London

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 The City of London?

The City of London is the UK’s financial centre. Notably. the London Stock Exchange and the Bank of England are both based here, alongside the world’s largest banks. Of course, it has always attracted financial businesses of all types – insurance, brokerage, fintech – as well as companies from the corporate sector generally. However, they have been joined by many other business types renting office space in the Square Mile – seeking proximity to the main occupiers. Crucially, in a modern office, offering coworking spaces, the networking opportunities are immense for the right type of business.

As to be expected, transport Links in the City of London are excellent. National rail stations Cannon Street, Moorgate, Fenchurch Street, Liverpool Street are all within a short walking distance. The Stansted Express runs from Liverpool Street station to Stansted Airport every 15 mins. The Docklands Light Railway(DLR) at Bank Tube Station connects the City to Canary Wharf and London City Airport

Of course The City of London has worldwide profile, so a City business address provides international recognition. If you looking for a new office in The City of London, serviced space is a quick and straightforward way to gain that recognition. Compared with costs across the capital for serviced offices, City of London rents are in the mid-range.

What does a City business centre typically offer?

City of London Business centres collectively offer the full range of flexible office options. From co working spaces or hotdesking in open plan, shared offices – for entrepreneurs, freelancers and start ups – to self-contained executive suites aimed at larger, more established businesses. Serviced space of all sizes and types is typically fully-furnished. Importablty, high speed internet and telecoms is included as standard along with your rent in a single monthly bill. Furthermore, many providers also offer conference or meeting room hire by the hour. Additionally a virtual office service is often available – with call answering and mail handling – if you simply require a City business address without the physical space. Finally, very flexible terms are available – often on a month to month basis – with rent calculated on a per-workstation basis. If you are looking to grow your business, this type of flexibility is a game-changer.

In order to support an ongoing surge in the provision of serviced office space, The City of London has seen a growth in the number and range of  bars and restaurants. The City boasts great architecture, with buildings of historical significance, such as St Paul’s Cathedral, alongside a growing number of contemporary skyscrapers. The City’s skyline remains in perpetual evolution.

Business Networking

The Peal Networking Club meets monthly at the Tokenhouse in Moorgate, with no membership commitment. The Athena Network is a female networking group which meets twice a month for lunch at The Happenstance in Paternoster Square.

Business Lunch

Certainly these days you’ll be spoilt for choice eating out in the City. Duck & Waffle is open 24/7 and can be found on the 40th floor of 110 Bishopsgate in London. Other options include St John Bread & Wine, Goodman, City Social, Humble Grape and the Michelin-starred seafood restaurant – Angler.

For more information, please see our location guide for office space in The City of London.

  1. The City of London
    • Coworking
    • Serviced
    Lower Thames Street, Monument, EC3R 6HD
    from £650.00

    These prominent Grade A serviced offices to rent in London Bridge, lie on the banks of the River Thames, just a short walk from London Bridge and the City of London. Offering stunning views over t…
    Find out more...

  2. The City of London
    • Coworking
    • Serviced
    Cheapside, St. Paul's, EC2V 6AA
    from £900.00

    Occupying a unique island site on the doorstep of iconic St Paul's cathedral, this Grade A St Paul's office space benefits from beautifully fitted office suites, overlooking St Paul's with panoramic v…
    Find out more...

  3. The City of London
    • Serviced
    Aldermanbury, Moorgate, EC2V 7HY
    from £399.00

    Ideally located in the heart of the City of London, this business centre makes an ideal location for any company to grow their business. The space comprises of brand new refurbished office space with …
    Find out more...

  4. The City of London
    • Coworking
    • Serviced
    St Mary Axe, Aldgate, EC3A 8AA
    from £600.00

    For a location in the centre of the City of London, this Aldgate property deserves consideration. Centrally placed among key insurance and financial offices, and in the shadow of the iconic Gherkin bu…
    Find out more...

  5. The City of London
    • Coworking
    • Serviced
    Queen Street, Cannon Street, EC4R 1BR
    from £400.00

    Bringing a unique and pioneering concept to the market, this London shared office space brings together a community filled with some of London's best and brightest innovators. Offering a mix of cr…
    Find out more...

  6. The City of London
    • Coworking
    • Serviced
    Eastcheap, Monument, EC3M 1AE
    from £550.00

    Our private office options range in size from 500 to 3000 square foot and are complimented by fully equipped meeting rooms that can be hired on a daily basis. The variety of spaces provide you with th…
    Find out more...

  7. The City of London
    • Serviced
    Old Broad St, Liverpool Street, EC2N 1HN
    from £650.00

    Tower 42 is a stunning landmark skyscraper building recognised around the world, these modern serviced offices feature spectacular views of the Shard, Pinnacle, 'Gherkin' and St Paul's Cathedral. The…
    Find out more...

  8. The City of London
    • Coworking
    • Serviced
    Lower Thames Street, Monument, EC3R 6AF
    from £600.00

    Newly refurbished to stunning specification, this exciting building, in the heart of the City of London, boasts private offices and co-working space across circa. 42,000sqf and benefiting from spectac…
    Find out more...

  9. The City of London
    • Coworking
    • Serviced
    Moorgate, Moorgate, EC2R 6DA
    from £450.00

    This charming and bright workspace offer a gargantuan 9 floors of contemporary office space. This could definitely be your new home for your growing London business presence. Based in the Moorgate in …
    Find out more...

  10. The City of London
    • Coworking
    • Serviced
    Guildhall Yard, Bank, EC2V 5AE
    from £400.00

    These luxury London offices for rent are ideally located close to Bank station, in the heart of UK's financial hub. Set within Guildhall Yard, overlooking prestigious Guildhall, this Bank serviced off…
    Find out more...

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

Need help with your office search?

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or call +44 20 7484 9266

Excellent service from the team at Find a London Office!

5
Stasia Skolik,
VEON
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Reviews

Prospero Group Ltd

They find great space and help us negotiate really good deals

Eleanor Care

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

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.

Stobbs IP

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

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

VEON

Excellent service from the team at Find a London Office!

AirX Charter Limited

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

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