What to Consider When Searching Office Space London

By Teddy • December 14, 2011

Renting office space London is the start of any business venture in what is arguably the capital of Europe. It is the start of a brand new adventure that is not as difficult a task as most people make it out to be. Many companies today are relocating to London to expand their business.

As one can expect, London is a fast-paced city for both residents and tourists. The quality of life is excellent, and the city has a lot to offer to newcomers; there are also fresh offerings for veterans of the city. There are many areas well known for being business districts, so choosing an appropriate location for your office is critical for you and your business. You should also keep in mind the size of your offices. Finally, both public and private transport options have to be considered when choosing a location. Places closer to car parks and underground stations will invariably cost more as they offer more flexibility and convenience for those working and living in the area.

Most office space in London is leased out per square foot, which means that you will pay rent according to the size of the property as well as its location. Prices usually range between 25 and 92 GBP per square foot. These prices apply to the most prominent business areas which are Canary Wharf, Belgravia, and Knightsbridge. They are highly luxurious neighborhoods, so the price is definitely higher. If you are looking for something reasonably priced then you should start your budget at 17.50 GBP per square foot. Budget office space London comes with some compromises, but that does not mean that you have to give up beautiful views. There are many locations spread around the city that offers breathtaking vistas; some of these areas include Primrose Hill and Hampstead Heath – they offer parks and beautiful scenery.

As stated above, you should take transport into account when looking for office space. The ideal site should have multiple transport options available – this includes both public and private transport. For public transport take the bus and underground networks into consideration. The closer your office is to the networks, the better it will be for you and your employees. Proximity to bus stops and tube stations not only increases flexibility and comfort for your employees, it also allows for more networking options. You may want to stay out of the congestion zone to avoid extra charges for those who want to drive to the office. It saves a lot of money in the long run; you are also helping reduce traffic jams in the central areas.

London is known to be one of the most expensive cities in the world, so you have to budget accordingly. The location of your office is dependent upon your budget, but that is not the deciding factor. You have to take into consideration transport options, space, quality of the neighborhood, and productivity into account when choosing the ideal location. Finding the best office space London, while not easy, is not as difficult as it sounds.