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Mayfair Office Space:
Area Overview

Mayfair – St James’s are two distinct areas in the heart of London’s West End, situated within the City of Westminster. They include notable thoroughfares such Park Lane, Oxford Street, Piccadilly, and Regent Street.

Mayfair is named after an annual fair that took place until 1764. It is renowned for its high-end retail, restaurants, and affluent residents.

Adjacent to Mayfair, St James’s is an equally high-net worth location incorporating royal houses, theatres, and several embassies.

What to do and see

  • retail

    Oxford Street & Regent Street retail districts

  • gov

    Royal Academy of Arts & The Fine Art Society gallery are located in this district

  • education

    University of Westminster and London School of Economics call this area home

  • restaurants

    16 Michelin Star restaurants are located here, more than any other area in London

  • parks

    Businesses and residents benefit from 3 Royal Parks

An Office Space to Rent in Mayfair: Business, Leisure, Retail and More

The Mayfair and St James’s office market is known for its high rents, making them the highest in the UK and often the world. This level of cost has primarily been driven by the size of office space, accessibility to surrounding amenities and residential properties, and good access to Heathrow airport.

A traditional and historic part of London, the area has seen significant redevelopment in recent years with local property owners modernising office stock, such as that seen at the Crown Estate’s St James’s Market.

Connections and links to your office space in Mayfair:

  • transport-overground

    Jubilee Line, Victoria Line, Piccadilly Line, Central Line, Bakerloo Line, Northern Line

  • transport-underground

    1 new Elizabeth Line station

  • transport-crossrail

    Charing Cross Station

Mayfair, London Offices: Things To Do and See

Wander the elegant streets of one of London’s most upmarket areas and you'll discover Michelin-starred restaurants, leading fashion brands and pretty Georgian townhouses and squares. Discover more surprises Mayfair has up its well-tailored sleeves.

Stroll, cycle or paddle through neighbouring Hyde Park. March to Marble Arch, the former entrance to Buckingham Palace’s ceremonial courtyard, which was moved to its present location in 1851.

Meander between the pristine lawns of Grosvenor Square, spot 200-year-old London plane trees at Berkeley Square or hide away at the smaller and secluded Mount Street Gardens.

Grab a cuppa and rest your feet at the Brown Hart Gardens, a peaceful oasis just a stone’s throw from the busy Oxford Street.

Serviced Office Space to Rent in Mayfair, London

The Mayfair and St James’s workforce is led by the main business sectors such as hedge funds, financial consultancies, and company HQ’s. In recent years there has been a further concentration of boutique investment firms. This cluster of investment firms sits alongside more traditional business and a growing technology base to the east of the district.

Hospitality, whether hotel or restaurant is a big part of the local economy. A highly cosmopolitan area, it is enjoying a renaissance lately with redeveloped commercial spaces.

Office Space to Rent Near Aldgate

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

Prime Office rents

PRIME RENTS PSF GRADE A AVG GRADE B AVG
MAYFAIR | ST JAMES’S £110.00 £80.00

Flexible Office rents

SERVICED OFFICE - £ PER DESK, PER MONTH GRADE A AVG GRADE B AVG
MAYFAIR | ST JAMES’S £750 - £1,500 £80.00
MANAGED OFFICE - £ PER MONTH RATE GRADE A AVG GRADE B AVG
MAYFAIR | ST JAMES’S £750 - £1,500 £80.00

Largest deals in 2021-22

Company Sector Building Size (sq ft)
BLACKSTONE FINANCIAL 57 BERKELEY SQUARE 225,000
FORA SERVICED OFFICES 20 GROSVENOR STREET 40,292
WAYPOINT CAPITAL FINANCIAL 1 BERKELEY STREET 34,334
BLACKSTONE FINANCIAL BERKELEY SQUARE HOUSE, BERKELEY SQUARE 37,205
B-FLEXION GROUP FINANCIAL 1 BERKELEY STREET 34,000

Mid sized deals in 2021-22

Company Sector Building Size (sq ft)
LEXINGTON PARTNERS FINANCIAL 1 MEDICI COURTYARD, CITY OF WESTMINSTER, LONDON, W1S 1BR 9,023
KKR FINANCIAL 1 MEDICI COURTYARD 8,881
ROKOS CAPITAL MANAGEMENT FINANCIAL 10 OLD BURLINGTON STREET 8,557
GREEN STREET ADVISORS, LLC PROFESSIONAL 25 MADDOX STREET 9,354
KKR FINANCIAL 1 MEDICI COURTYARD 8,917

Employment & Industries

transport-crossrail transport-crossrail

Growth Sectors (GVA) 2015-2019

  • economy-finance

    Financial & Insurance
    - up by 58%

  • economy-information

    Information & Communication
    - up by 53%

  • economy-government

    Government
    - up by 21%

Frequently Asked Questions

A 4-person office within London costs between £2,600 and £6,000 to rent PCM.

A 20-person office within London costs between £5,000 and £30,120 to rent PCM.

Devono can offer businesses serviced and managed offices within various locations in London. You can rent a serviced office from £12,000 pcm. Flexible and serviced office spaces can be rented on a short-term basis to allow for the rapid expansion of growing businesses.

Flexible office space costs vary depending on size, quality and location. Prices range from £600- £1300 per desk, per month, with the best-in-class offices commanding a higher price.

Yes, Mayfair is within the congestion zone.

When entering any area in London, look out for a large letter ""C"" on red circular signs and painted on the road, which will indicate if the area is a Congestion Charge Zone.

If you pay in advance or on the same day that you are travelling, the Congestion Charge costs £15. It costs £17.50 if you pay by midnight on the third day after you have travelled into a Congestion Charge Zone.

Drivers who don't pay the Congestion Charge within three days of travelling within a Congestion Charge Zone will be sent a Penalty Charge Notice (PCN) for £160. If the PCN is paid within 14 days, the fee is reduced to £80. You must pay the charge within 28 days or challenge the PCN. If you do not pay or challenge the PCN within 28 days, the fee increases to £240.

The Congestion Charge in London applies between 7am and 6pm Monday to Friday and 12pm to 6pm on Saturdays, Sundays and bank holidays, except between Christmas Day and New Year's Day bank holiday.

Mayfair is a 5-10 minute walk from the following tube stations: Green Park (Jubilee, Piccadilly and Victoria lines), Bond Street (Central and Jubilee lines) and Marble Arch (Central line).