logo-wh

Find your perfect office space to rent in City of London

Available office spaces to rent in City of London

cornhill

Cornhill

underground

Bank Station

1 mins

underground

Cannon Street

5 mins

underground

Monument

5 mins

Up to 15 People

from £4,760 PCM

watling-street

Watling Street

underground

Mansion House

3 mins

underground

Bank Station

5 mins

underground

Cannon Street

5 mins

Up to 8 people

from £4,800 PCM

king-street

King Street

underground

Bank Station

2 mins

underground

Cannon Street

5 mins

underground

Monument

5 mins

Up to 21 People

from £1,400 PCM

view-more-2-1

City of London Office Space: Area Overview

The City of London refers to the largest business district in London. While the name itself immediately evokes a sense of business, prosperity and exclusivity, there’s more to this prominent area of commerce than meets the eye.

While it is often referred to as the ‘Square Mile,’ the City of London is a historic hub for trade and commerce. In the City of London, offices within the area are widely recognised as being situated within the world’s most preeminent financial centre.

What to do and see in City of London

retail

Leadenhall Market, and One New Change are just some of the various shopping locations within the City.

museum

Cultural and historical sites such as Tower Bridge and St Paul’s Cathedral are located in the City.

court-of-law

The City has the largest concentration of law firms in London and the UK.

university

The City is home to numerous universities and educational institutions such as University of London, Coventry University and Newcastle University to name a few

City of London Office Market

An office in Central London is less of a move and more of an investment in your company. For office space, City of London markets are some of the world’s leading and largest business districts in the UK, and is HQ to a wide range of firms.

The City has grown both in terms of geography and height over the past few decades, with a cluster of tall buildings emerging in the core of the City. Traditional locations associated with specific industries are slowly being broken down as tenants become location and building agnostic.

Connections and links to your office space in City of London

transport-overground

Circle Line, Central Line, Northern Line, Waterloo & City, Hammersmith & City Line, Metropolitan Line, District Line

university

Six national rail stations

City of London Offices: Things To Do and See

Leadenhall Market and One New Change are just some of the various shopping locations within the City

Cultural and historical sites such as Tower Bridge and St Paul’s Cathedral are located in the City.

The City is home to numerous universities and educational institutions such as the University of London, Coventry University and Newcastle University

The City has the largest concentration of law firms in London and the UK.

Leave your serviced offices in Central London and walk straight into one of the many of London’s oldest pubs.

Serviced Office Space to Rent in City of London

For serviced offices, City of London locations welcomes a diverse range of workers. The City of London’s workforce is the youngest in the UK, with over 60 per cent of workers in the area aged between 22 and 39. The area has around 513,000 daily commuters, despite the City of London only being just 1.12 square miles.

Although primarily known for the financial industry, the City of London is also home to many of the world’s largest law firms and boasts a thriving insurance sector. It’s safe to say that when it comes to office space, City of London locations is a busy but thriving place to be.

Serviced Office Space to Rent near City of London

There is an array of office space to rent in London locations near to City of London. Check out our other area guides to see what office spaces are available.

Prime Office Rents In City of London

 

PRIME RENTS PSFGRADE A AVGGRADE B AVG
CITY CORE£77.50£52.50
CITY WEST£87.50£65.00
CITY NORTH£75.00£57.50
CITY EAST£57.50£42.50

Flexible Office rents in City of London

SERVICED OFFICE – £ PER DESK, PER MONTHGRADE A AVGGRADE B AVG
CITY CORE£1,000£475
CITY WEST£850£550
CITY NORTH£850£400
CITY EAST£600£425
MANAGED OFFICE – £ PER MONTH RATEGRADE A AVGGRADE B AVG
CITY CORE£220£145
CITY WEST£165£80
CITY NORTH£200£120
CITY EAST£140£100

Largest deals in 2021-23

CompanySectorBuildingSize (sq ft)
LATHAM & WATKINSLEGAL1 LEADENHALL STREET246,000
KIRKLAND & ELLISLEGAL40 LEADENHALL STREET218,581
TIKTOKTECHNOLOGY150 ALDERSGATE STREET139,424
T. ROWE PRICEFINANCIAL5 PATERNOSTER SQ130,000
INMARSAT UKTELECOMS50 FINSBURY SQ121,800

Mid sized deals in 2021-23

CompanySectorBuildingSize (sq ft)
PGMBMLEGAL70 MARK LN9,901
RAILSBANK TECHNOLOGY LIMITEDTECHNOLOGY1 SNOWDEN ST9,873
GAMMA TELECOMTELECOMS63 ST MARY AXE9,832
TRADING TECHNOLOGIESTECHNOLOGY85 KING WILLIAM ST9,736
GARD UK LIMITEDINSURANCE3 MINSTER CT9,735

Employment & Industries

bank-pie
bank-chart

Growth Sectors
(GVA) 2015-2019

Architect & Engineering

up by 123%

Health

up by 91%

Energy

up by 74%

Frequently Asked Questions

A 4-person office within London costs between £1,200 and £5,440 to rent PCM. A 20-person office within London costs between £6,000 and £22,680 to rent PCM. Flexible office space costs vary depending on size, quality and location. Prices range from £400 – £1,110 per desk, per month, with the best-in-class offices commanding a higher price.

To provide an environment where people feel comfortable and motivated an office space should allow for 50 square feet per desk and 50 square feet per person in communal areas.

A flexible office solution (also known as a flexible office space) is an efficient option for businesses whose team numbers change frequently since the office space can be scaled appropriately. Additionally, this freedom to scale up and scale down is further allowed because businesses are not tied into any lengthy rental agreements.

Devono (office space and commercial property consultants) can provide businesses with serviced, flexible workspaces, which are fully furnished with IT and telecoms infrastructure. Personalisation of office spaces is allowed so that businesses can reflect their brand and business values.

Flexible, serviced office spaces are ideal for businesses looking for cost-effective office solutions that can facilitate fast-paced working environments with rapidly expanding numbers. They are also ideal for businesses that need the freedom to relocate since flexible office spaces can be rented on a short-term basis.

There are many reasons to look at renting office space in the City of LondonThe benefits of renting a flexible workspace include:

  • Scalability
  • Bespoke office solutions
  • Short-term rental options
  • Short-term rental options
  • A single monthly fee
  • Ability to personalise office space to suit the business brand
  • Support offered by a dedicated team member

Enter Your Details To Download

City of London

First Name*
Last Name*
Company Name*
Phone Number*
Email Address*
Subscribe to quarterly market insights and latest information on the office markets.