The London Office Rental Guide

Last updated: 29th September 2017

The London Office Rental Guide is updated every 3 months – with a breakdown of costs for all 19 central London commercial locations.

It’s available in multiple formats below – as a chart, in a table and plotted on a map.

We publish a blog post with each update analysing any changes in London office rent, as well as predicting likely rises and falls in the coming months.

The London Office Rental Guide is also available to download in multiple formats.

London Office Rent Chart

A Price Guide for Leased Office Space in London (ft2 per year)

A Price Guide for Renting Serviced Office Space in London (per desk per month)

London Office Rent Table

A Price Guide for Leased Office Space in London (ft2 per year)

AreaRentRatesService ChargeTotal Cost

The above rental estimates reflect high quality air conditioned offices. Cheaper accommodation will also 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.

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.

Mayfair£90£44£9£143
St James’s£90£44£9£143
Knightsbridge & Belgravia£78£37£9£124
Covent Garden£70£26£9£105
North of Oxford Street£70£25£9£104
Marylebone£70£25£9£104
Victoria£70£27£9£106
Soho£68£29£9£106
Bloomsbury£65£26£9£100
King’s Cross£65£21£9£95
Paddington£65£22£9£96
The City of London£63£21£9£93
Kensington & Chelsea£60£23£9£92
Midtown£60£21£9£90
Clerkenwell£60£16£9£85
Euston£60£22£9£91
Silicon Roundabout£55£18£9£82
Waterloo & Southwark£50£18£9£77
Canary Wharf£40£18£10£68

A Price Guide for Renting Serviced Office Space in London (per desk per month)

AreaTotal Cost
Mayfair£825
St James’s£825
Knightsbridge & Belgravia£650
Covent Garden£650
North of Oxford Street£650
Marylebone£650
Victoria£650
Soho£650
Bloomsbury£650
King’s Cross£625
Paddington£475
The City of London£700
Kensington & Chelsea£650
Midtown£625
Clerkenwell£500
Euston£650
Silicon Roundabout£500
Waterloo & Southwark£413
Canary Wharf£700

London Office Rental Map

Canary Wharf
Conventional Lease (per ft2 per year)
Rent£40
Rates£18
Service Charge£10
Total£68
Serviced Space (per desk, per month)
Total Cost£700
More about Canary Wharf
Marylebone
Conventional Lease (per ft2 per year)
Rent£70
Rates£25
Service Charge£9
Total£104
Serviced Space (per desk, per month)
Total Cost£650
More about Marylebone
Silicon Roundabout
Conventional Lease (per ft2 per year)
Rent£55
Rates£18
Service Charge£9
Total£82
Serviced Space (per desk, per month)
Total Cost£500
More about Silicon Roundabout
Paddington
Conventional Lease (per ft2 per year)
Rent£65
Rates£22
Service Charge£9
Total£96
Serviced Space (per desk, per month)
Total Cost£475
More about Paddington
Euston
Conventional Lease (per ft2 per year)
Rent£60
Rates£22
Service Charge£9
Total£91
Serviced Space (per desk, per month)
Total Cost£650
More about Euston
Waterloo & Southwark
Conventional Lease (per ft2 per year)
Rent£50
Rates£18
Service Charge£9
Total£77
Serviced Space (per desk, per month)
Total Cost£413
More about Waterloo & Southwark
Victoria
Conventional Lease (per ft2 per year)
Rent£70
Rates£27
Service Charge£9
Total£106
Serviced Space (per desk, per month)
Total Cost£650
More about Victoria
St James’s
Conventional Lease (per ft2 per year)
Rent£90
Rates£44
Service Charge£9
Total£143
Serviced Space (per desk, per month)
Total Cost£825
More about St James’s
Knightsbridge & Belgravia
Conventional Lease (per ft2 per year)
Rent£78
Rates£37
Service Charge£9
Total£124
Serviced Space (per desk, per month)
Total Cost£650
More about Knightsbridge & Belgravia
Kensington & Chelsea
Conventional Lease (per ft2 per year)
Rent£60
Rates£23
Service Charge£9
Total£92
Serviced Space (per desk, per month)
Total Cost£650
More about Kensington & Chelsea
Mayfair
Conventional Lease (per ft2 per year)
Rent£90
Rates£44
Service Charge£9
Total£143
Serviced Space (per desk, per month)
Total Cost£825
More about Mayfair
Soho
Conventional Lease (per ft2 per year)
Rent£68
Rates£29
Service Charge£9
Total£106
Serviced Space (per desk, per month)
Total Cost£650
More about Soho
North of Oxford Street
Conventional Lease (per ft2 per year)
Rent£70
Rates£25
Service Charge£9
Total£104
Serviced Space (per desk, per month)
Total Cost£650
More about North of Oxford Street
Bloomsbury
Conventional Lease (per ft2 per year)
Rent£65
Rates£26
Service Charge£9
Total£100
Serviced Space (per desk, per month)
Total Cost£650
More about Bloomsbury
Midtown
Conventional Lease (per ft2 per year)
Rent£60
Rates£21
Service Charge£9
Total£90
Serviced Space (per desk, per month)
Total Cost£625
More about Midtown
Covent Garden
Conventional Lease (per ft2 per year)
Rent£70
Rates£26
Service Charge£9
Total£105
Serviced Space (per desk, per month)
Total Cost£650
More about Covent Garden
King’s Cross
Conventional Lease (per ft2 per year)
Rent£65
Rates£21
Service Charge£9
Total£95
Serviced Space (per desk, per month)
Total Cost£625
More about King’s Cross
The City of London
Conventional Lease (per ft2 per year)
Rent£63
Rates£21
Service Charge£9
Total£93
Serviced Space (per desk, per month)
Total Cost£700
More about The City of London
Clerkenwell
Conventional Lease (per ft2 per year)
Rent£60
Rates£16
Service Charge£9
Total£85
Serviced Space (per desk, per month)
Total Cost£500
More about Clerkenwell

London Office Rental Guide Downloads

Download your own copy of the current London Office Rental Guide in your preferred format.

Earlier Office Rent Analysis

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