Find your perfect office space to rent in Paddington
Available office spaces to rent in Paddington, London
Paddington
4 mins
London Paddington
8 mins
Royal Oak
8 mins
Up to 128 people
from £600 PCM
Marble Arch
7 mins
Bond Street
12 mins
Marylebone
12 mins
Up to 15 people
from £2,900 PCM
Marylebone
7 mins
London Marylebone
10 mins
Edgware Road
13 mins
Up to 29 people
from £1,630 PCM
Paddington Office Space: Area Overview
Paddington, similar to other northern West End business districts has seen its development emanate from access to a rail station. Paddington was a formerly largely residential area that has in recent decades seen the growth of its business districts and attraction for commercial occupiers increase.
Bordered by Hyde Park to the south and Edgware Road to the east, this area has become a hub for students, office workers and the late-night economy alike. Connection to the new Crossrail line will further boost access to this part of London.
What to do and see in Paddington
DeVono is an award-winning commercial property advisory firm with a pioneering approach.
Panel board or relax at Paddington Basin at the end of the Grand Union Canal
The Workforce
Over the last twenty years, Paddington has witnessed significant development, with over 2.5 million sq ft of commercial space having been constructed.
The Paddington area has been transformed and is home to many company headquarters. Paddington Station is a major transport hub with over 70 million passengers per year. The station enables workers from outside the capital to gain speedy access to this area of London.
Transport
1 New Elizabeth line station
The Office Market
The West End is the 2nd largest office market in the UK after the City of London. The type of office stock for tenants ranges from the historic townhouses of Mayfair and St James’s through to the larger and recently developed spaces in King’s Cross or Paddington.
Office rents can also vary, commanding the highest level in the country for an office through to more economical prices in the more fringe locations.
Business Districts
- Paddington Basin
- Lancaster Gate
- Westway
- Merchant Square
- Bayswater
- Warwick Avenue
- Eastbourne Terrace
- Westbourne Grove
Major Employers
Prime Office Rents In Paddington
| PRIME RENTS PSF | GRADE A AVG | GRADE B AVG |
|---|---|---|
| PADDINGTON | 90,00 | £55.00 |
Flexible Office Rents In Paddington
| SERVICED OFFICE – £ PER DESK, PER MONTH | GRADE A AVG | GRADE B AVG |
|---|---|---|
| PADDINGTON | £900 | £600 |
| MANAGED OFFICE – £ PER MONTH RATE | GRADE A AVG | GRADE B AVG |
|---|---|---|
| PADDINGTON | £160 | £125 |
Largest deals in 2021-23
| COMPANY | SECTOR | BUILDING | SIZE (SQ FT) |
|---|---|---|---|
| CAPITAL GROUP | FINANCIAL | 31 LONDON STREET | 226,858 |
| VODAFONE | TELECOMS | 1 KINGDOM STREET | 93,101 |
| VIRGIN MEDIA O2 | TELECOMS | 3 SHELDON SQUARE | 83,000 |
| PAYMENTSENSE | FINANCIAL | 31 LONDON STREET | 76,200 |
| DS SMITH | CORPORATE | 31 LONDON STREET | 25,220 |
Mid sized deals in 2021-23
| COMPANY | SECTOR | BUILDING | SIZE (SQ FT) |
|---|---|---|---|
| ST JAMES’S PLACE WEALTH MANAGEMENT GROUP | FINANCIAL | 50 EASTBOURNE TERRACE | 9,885 |
| CURVE | FINANCIAL | 1-10 PRAED MEWS | 7,824 |
| NALA RENEWABLES | CORPORATE | 4 KINGDOM STREET | 6,848 |
| ORCA | TECHNOLOGY | 30 EASTBOURNE TERRACE | 6,177 |
| CCSCK UK LTD | PROFESSIONAL | 20 EASTBOURNE TERRACE | 5,877 |
Employment & Industries
Growth Sectors
(GVA) 2015-2019
Financial & Insurance
Information & Communication
– up by 53%
Government
Frequently Asked Questions
The costs of office space in Paddington depend on how big the office is.
A 4-person office within 4km of Paddington costs between £300 and £9600 PCM.
A 20-person office within 4km of Paddington costs between £3170 and £30,120 PCM.
London Paddington station is open 24 hours a day, seven days a week so tenants with access to serviced offices in Paddington have some of the best transport links in London.
The main draw for businesses who work in Paddington is its direct line to Heathrow Airport and the opportunities this gives for national and international travel.
A highly sought-after location for serviced offices, Paddington is popular with US-based companies due to the convenience of the Heathrow Express service which operates from the mainline station.
The area is home to businesses as varied as pharmaceutical company AstraZeneca, insurance firm Prudential, and telecommunications company Vodafone.
Paddington Station is on the Circle Line, the District Line and the Bakerloo Line. It is located in Zone 1.
There is also another station which is on the Hammersmith & City Line and the Circle Line. Despite being shown on maps as a singular station, they are separate.
The Congestion Charge Zone in London spans from approximately Vauxhall to Kings Cross and from Whitechapel to Paddington. Paddington itself is not within the Congestion Charge Zone, though it is close to the zone border.
As with any city, there are crimes that occur within London, and therefore in Paddington.
Despite this, it is a great location for families, and it contains lots of restaurants for social events within the office and lunches with clients. It is also home to one of the most important high-security police stations in the UK, Paddington Green Police Station.
For those interested in medicine or history, the laboratory of Sir Alexander Fleming in St. Mary’s Hospital is available for you to visit, and is the location where penicillin was first discovered in 1928.
There is a range of famous marks to find, such as the Paddington Bear Statue in the station and the Paddington installations along the canal.
If you want to try out the canal boats available, you can hire a boat from Little Venice to Camden.
With numerous places to eat and drink, there is something for everyone in Paddington.
Beany Green is an Australian-inspired cafe serving a range of smoothies, juices and coffees, as well as lunches.
Massis is a Lebanese restaurant open 7 days a week and offers healthy dishes for customers.
For a variety of international foods, The Gourmet Bar offers all three meals and begins serving breakfast to go at 7am.
Satay House is a Malaysian restaurant that is open 7 days a week and all the food they serve is halal.
