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Here’s what your budget can get you in Central London…

Hannah Watkins
Hannah Watkins|Updated June 5th 2019

Ask people to describe London and you might get responses such as “lively”, “dynamic”, “diverse”. Others might not be quite so favourable: terms such as “polluted”, “busy”, and “rude” are pretty common too. But the chances are, whether you’re pro or anti-London, most would probably agree on one thing: it’s expensive.

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Everybody knows that the UK capital is one of the priciest cities in the world – with pints averaging at over a fiver each, and house prices significantly more than that, sometimes it can feel that you’ll always have to compromise on quality to be within budget in London, or even that the city is off-limits full stop.

But that’s not necessarily the case, especially when it comes to office space. Now that the flexible office market is exploding, there are tonnes of options out there to suit all sizes, industries, tastes – and most importantly, budgets.

That’s why we’ve rounded up a list of workspaces for every budget in not only London, but Zone 1:

Alternatively, use our handy calculator to estimate the budget you should be allocating to your office depending on the area you’d like to be in.

Under £100 pp/month

You may not believe it, but even in Central London you can find full-time workspace for under £100/month.

Desk: Areaworks – Haggerston N1

Desks from £99 pp/month

Areaworks

Take Areaworks in Hoxton, just on the cusp of the N1 boundary. This coworking provider has created a relaxed, open-minded workspace by Regent’s Canal, with excellent facilities including their very own rooftop terrace – perfect for Friday beers, yoga sessions, and (albeit rare) sunny afternoons – all for a tiny £99/pp month. That price gives you everyday access, so don’t worry about only have a limited numbers of days per month. The area is also one of the most exciting for all things innovation, so you can be sure you’re right in the action!

Office: Workspace – Greville Street

Private office: 34 desks for £3,231/month

Workspace Greville

Workspace Greville Street is cool, creative, and very affordable – even though it’s a mere two minute walk from Farringdon station, in the heart of London’s Jewellery Quarter and the centre of the UK’s diamond trade. This office space has capacity for 34 people and costs just £3,231/month – coming out at a tiny £95 per person. It comes unfurnished, but think of this as an advantage – you can kit it out and brand it just how you want!

It’s worth noting that in Central London, whilst you can find office space at lower prices, you will remain somewhat limited. The old adage location, location, location, holds true and often you are paying for your postcode. Move a little further out, and London is your oyster. Zones 2+ are full of innovative workspaces in up-and-coming areas.

£100-£150 pp/month

Step up your budget a little, and you’ll start to see the options increase.

Desk: 1n1 Fashion N Pizza Spitalfields

Desks from £105 pp/month

Fashion and pizza

London can be pretty innovative when it comes to workspaces, and here’s a prime example of how. Located on the top floors of a beautiful Georgian style building is this Spitalfields office space, filled with natural light and good vibes. WiFi is included in the desk price, as is printing and mail handling, and you can even get a discount in their lovely Italian cafe downstairs. A great spot to get your business going in one of the world’s most thriving cities!

Private offices with up to 102 desks from £11,070/month

Workspace GR

Located just 300 meters from Angel tube station, Goswell Road is a recently refurbished business centre with a modern and fresh feel, offering six large offices and studios. Formerly an art-deco warehouse, Goswell Road retains its historical charm externally, yet the recently refurbished reception and common areas of the building give the property a modern feel. It’s also close to the multitude of parks, shops, bars and restaurants in the thriving Islington area, and is close to King’s Cross St Pancras – a commuter’s dream.

£150-£200 pp/month

Another step up and you’ll start to see increasingly innovative facilities included in your price.

Desk: Cocoon Networks

Desks from £195 pp/month

Cocoon

Cocoon Networks is incredible value for money. This trendy, bright, and airy workspace covers 70,000 sq ft across five levels and a spacious open rooftop. In being here, you don’t just gain a place to plug in your laptop – you also benefit from a buzzing community where members can build connections. Backed by Cocoon Networks, there are diverse events in the building, plus excellent connections with China, with the providers actively helping to bridge the gaps between European startups and the Chinese market.

Office: V22

Private office: 30 desks for £5,000/month

V22 Shoreditch

V22 is a self-contained office on Worship Street – smack bang in the heart of the City, and just a stone’s throw from the Google Campus and The Microsoft Reactor. The space features super-fast fibre internet, central heating, and air conditioning, too – and soon will be providing bike storage and showers to its tenants. Not bad at all for a teeny £167 pp/month!

£200-£300 pp/month

Now you’re in business. For under £300/month, you can get space in a world-renowned workspace provider such as Mindspace…

Desk: Mindspace – Shoreditch

Desks from £300 pp/month

Mindspace BLOG

Mindspace’s offerings are, quite simply, stunning – they believe that offices are as much about inspiration as they are about work, so in this beautiful Shoreditch space they have a range of areas, amenities, and activities to get you thinking outside the box – think: ultra-fast Internet and WiFi, meeting rooms, IT support, 24/7 access, coffee, tea, soda and refreshments, postal address, event space, phone booths and a flexible monthly subscription. There are also no added fees – everything is included in the monthly price!

Office: House of Creative

Private offices with up to 18 desks from £1,600/month 

House of Creative

For as little as £330 pp/month, you can nab yourself a bright and colourful office right on Shoreditch High Street – one of the coolest parts of town. For this price, as well being based in a newly decorated workspace, you can benefit from plentiful breakout space, a large breakfast bar, a meeting room and even an impressive boardroom. There’s also a foosball table and even a roof terrace!

£300-£400 pp/month

At this budget, you’re now above the average for the price of hot desk (£275/month), and approaching the average price for a fixed desk (£400/month).

Desk: TOG – White Collar Factory

Desks from £375 pp/month

WCF

Situated just off (and with a prime view of) the one and only Silicon Roundabout lives one of the city’s most iconic office buildings: White Collar Factory, designed and owned by property developers Derwent (read more about that here). The building is home to big dogs like Capital One and Adobe, and you can join them in this stunning three floor workspace owned by The Office Group – complete with a courtyard, cafés, restaurants, incredible views of London, a roof terrace, 276 cycle spaces and a 150m rooftop running track.

Office: Finsbury Business Centre

Private offices for up to 25 desks from £2,800/month

FBC

If it’s a private office that you’re looking for, then an excellent option in this price range would be the creative, green, and bright Finsbury Business Centre in Clerkenwell. This is a family-run, friendly business centre with a diverse range of tenants, some of whom have been in the space since it opened in 1983 – quite a testimony to the service and facilities that they offer! Other highlights include a cafe, sun terrace, and plenty of curated events for your enjoyment.

£400-£500 pp/month

Now you’re in WeWork territory. Think: daily events, barista coffee, and beer on tap included in your rent.

Desk: WeWork – Aviation House

Desks from £450 pp/month

WW AH

Take this brand new WeWork in Holborn that opened at the beginning of November. This location is historically a hotspot for professionals working in media, law, and finance, so nabbing a desk here is a big deal. This particular office contains ten floors of the renowned Aviation House, is dog-friendly, and features inviting lounges, private offices, and high-tech conference rooms. Plus, onsite bike storage and showers make commuting by bike a breeze – whilst the proximity of Holborn Station across the street is ideal for a quick tube commute!

Office: Work.Life – Clerkenwell

Private offices for up to 24 desks from £1,920/month

WL Clerkenwell

Work.Life is a brilliant option if you’re looking for Central London private office space with character. They have a number of locations across the city, all with plenty of charm and friendly service. This superbly central Clerkenwell edition is split across two levels, and their all-inclusive membership has no hidden costs. Fully-furnished offices, 24/7 access, free meeting rooms and printing, crazy-fast WiFi, bike storage, showers, private phone booths and plenty of member perks are just some of the things you can look forward to here!

£500-£750 pp/month

Now you’re heading to the upper end of the spectrum, you can expect more premium, hospitality-led workspaces, like these:

Desk: Fora – Spitalfields

Desks from £425 pp/month

Fora

Fora spaces are known for their high-end, hotel-style hospitality, a theme consistent across their whole portfolio. This one, due to open in January 2019, has a premium location in the heart of the City adjacent to Spitalfields Market, and promises all of the exceptional design and attention to detail that Fora is known for. The amenities are also top-quality too – and this one will feature super-fast fibre WiFi, talks and events, exclusive neighbourhood discounts, and much more.

Office: Breather – Poland Street

Private offices for up to 47 desks from £2,550/month

Poland Street

Breather must have some of the most aesthetically-pleasing, instagrammable offices around – and this one on Poland Street is a case in point. This bright, beautiful, stylish space is nestled in the heart of Soho, and has three distinct workspaces for groups and teams that want to break out. What’s more, the space is equipped with Chargifi, the intelligent wireless charging solution. It also has a 200 sq ft roof terrace with amazing views over the West End, to remind you just how great the location is.

£750+ pp/month

Now you’re at the top end of the price scale, you can expect clubhouse-style surroundings and exemplary service. You can also get head into traditionally prestigious parts of London – notably Mayfair – and pull out all the stops to impress clients.

Desk: Hay Hill – Mayfair

Desks from £1,400/month

Hay Hill

Desk space at Hay Hill is the perfect example of what you can get at this budget –  high spec meeting rooms and versatile spaces are a given at this exclusive club. You can also impress your guests with fine business dining, an evolving art collection, or by even enjoying a cocktail in the bar between meetings! It also has a bespoke programme of members’ events that are delivered by guest speakers, and occupiers are welcome to host their own gatherings of clients. Take a look at the multitude of services they offer at the link above.

Office: LEO – North Audley Street

Private offices for up to 16 desks from £4,700/month

Leo NA

This newly acquired premium space comprises the first, second and fifth floors of the building, with the fifth floor featuring a private roof terrace with reportedly unrivalled views over Mayfair and beyond. The property also benefits from a spacious, luxurious lounge and has been designed to a high spec, allowing the entire space optimum access to natural light. Rent here includes also access to meeting rooms, a personalised telephone answering service, food and beverage catering services, attentive in-house support team, and more!

(Do be aware that availability of the above may change, but click the links at the top of each section to see the current offerings!)

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