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The HUGE Office Space Discounts You Won’t Get Post-Lockdown

The HubbleHQ Team
The HubbleHQ Team|

In light of the current restrictions, a number of London’s office operators are offering highly-competitive deals on their spaces.

However, many businesses that know they’ll need a new office post-lockdown are reluctant to sign a contract now. Which is understandable—nobody wants to be paying rent on an empty office space. 

discounts2

But what people often don’t realise is this: many operators have made it possible to sign an office contract now, and start paying later, once lockdown is lifted…meaning you can make the most of the current offers, and get a brand new office at a bargain price. All in the knowledge that you’re not wasting money in lockdown.

The thing is, these deals won’t last forever. Here’s why you should sign now (before it’s too late):

Secure a great price

There are a number of benefits to signing for an office at this time. The main reason is that there are many competitive deals (see below) currently on offer from some of London’s most popular workspaces—from rent-free periods to shorter minimum terms. 

And that’s just for starters. We distilled our data from Q4 2020 and found that, on average, operators offered Hubble tenants an extra 17.4% off their (already reduced) listing prices. Some top brands are even offering as much as 50% off right now

Sign now pay later 

Many office providers are also offering businesses the opportunity to lock in a deal now, but pay later—meaning you can make the most of the offers while they last, but only move into your brand new office (and start paying rent) once lockdown is lifted. 

Avoid the rush

The office market is also likely to be very busy once life starts to return to normal. Whilst many businesses will be reducing their office footprint significantly, it’s anticipated that the majority will still be keen to have some form of physical office presence. After all, in our “Should We Ditch the Office?” Survey, we found that 71% of employees still want their company to have an office of some sort, and 22% are undecided.

With increased demand from people resuming (or starting) their search pushing up prices, office searches will become more urgent, and there will be less room for negotiation. Right now you have time, choice, and good value at your fingertips.

Flexible deals on the market right now

Below, you’ll find a selection of excellent deals currently being offered by some of London’s most popular flexible office providers:

Adam House

St James';

Location: St James’s 

Deal: 2 months rent-free on any 12-month agreements signed in February 2021

Techspace

Techspace

Locations: Shoreditch, Aldgate East, Whitechapel, Shoreditch South, Bermondsey

Deal: 1 month rent-free for new members starting a 12-month contract on or before 1st April 2021

UNCOMMON

Uncommon_Highbury__Islington_2

Locations: Liverpool Street, Borough, Highbury & Islington, Fulham 

Deal: Reduced desk rate on private offices—just £349 (+VAT)

Cocoon Global

cocoon global

Location: Liverpool Street

Deal: Up to 40% reduction on all office prices for the first 3 months of membership (for a limited time only!)

Capital Tower 

Paul Winch-Furness Photographer

Location: Waterloo 

Deal: 3 months free rent on any 12+ month contracts 

Targetspace

targetspace

Locations: Holborn, Liverpool Street, Aldgate

Deal: 50% off the first 6 months on 12-month contracts with a move-in date before 28th February 2021

Us&Co

us&co

Locations: Monument and Stratford

Deal: Sign up for 12 months on or before 28th February and get your first 6 months half price

Fosterwood

Fosterwood

Locations: Oxford Street, Soho

Deal: Discounted price from £2450 to £2000 (18% off!)

Halkin

Halkin 1

Locations: Monument, Southwark, Blackfriars, Watford Junction, Mayfair

Deal: Sign up in the next 2 months and get up to 6 months at a 20% discount 

Sloane Avenue

Sloane avenue

Location: South Kensington

Deal: Sign up for 12 months and get 50% off the first month—plus 5 hours of meeting room use per month for free

PopHub

Pophub

Location: Leicester Square  

Deal: 20% off first 6 months rent 

Creative Works

Location: Blackhorse Road

Deal: Sign up for a 6-month contract and get the 1st month free (plus 5 hours meeting room allowance and reduced rates for the following months)

WeWork

Locations: Temple, Southwark, Old Street, Hoxton, Marylebone, Aldgate East, Liverpool Street and more

Deal: Sign up before June and get 20% off private offices of less than 50 desks

WorkPad

Locations: Oxford Circus, Covent Garden, Tottenham Court Road, Piccadilly Circus, Baker Street and more

Deal: Sign up before June 1st to secure a beautiful fully-serviced WorkPad office in a prestigious central London location, with a Flexible Start Agreement—no commitment to pay until you’re ready to move in

Boutique Workplace

Locations: Mayfair, Blackfriars, Marylebone, Fitzrovia, Soho, Covent Garden, Victoria, Kings Cross, Farringdon, Liverpool Street, Bank, Shoreditch, London Bridge, Wimbledon and Ealing

Deal: Sign a 6-12 month contract before June to secure private office desk rates starting from just £99/ person

We’ll be refreshing this page as and when new deals become available, so we’d recommend bookmarking this blog to ensure you’re up-to-date with the very best offers on the market.

Find the right workplace solution for your team

Whether you’re raring to get the whole team back to the office or you’re looking for more cost-effective hybrid options, our team can help you find the right workplace solution for your company.

The best part? It won’t cost you a thing. In fact, our expert advisors will actually save you money. Explore your options now:

Find the best workspace solution for your team

Whether you’re looking for a full-team office, remote working solutions, or a combination of the two—we can help.

Learn More

Not sure what you need? Our expert advisors can help you build the right workplace strategy for your business:

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