This guide will give you an indication of what you should expect to pay for rent, rates and service charges on the below London office areas as at Spring 2015. This will vary according to whether the office space is basic, medium or top quality Grade A specification space and whether it is second hand space being disposed of by a tenant or on a new lease direct from a landlord.
Central London Rental & Costs Guide:
| Area of London | Rent p sq ft | Rates per sq ft | Service Charge per sq ft |
|---|---|---|---|
| Mayfair | £75 – £140 | £26 – £44 | £10 – £16 |
| St James’s |
£75 – £185 | £26 – £44 | £10 – £16 |
| City Core |
£50 – £75 | £20 – £30 | £10 – £16 |
| Clerkenwell/Farringdon |
£45 – £70 | £17 – £30 | £10 – £13 |
| North of Oxford St. (Fitzrovia / Noho) |
£65 – £95 | £17 – £30 | £10 – £16 |
| Marylebone |
£65 – £95 | £18 – £40 | £9 – £14 |
| Soho | £60 – £100 | £17 – £44 | £8 – £14 |
| Covent Garden | £ 50- £92.50 | £17 – £35 | £8 – £14 |
| Midtown | £35 – £50 | £16 – £25 | £8 – £13 |
| Bloomsbury | £35 – £40 | £16 – £25 | £8 – £13 |
| King’s Cross | £35 – £55 | £10 – £16 | £8 – £13 |
| Euston | £35 – £55 | £10 – £16 | £8 – £13 |
| Paddington | £42.50 – £65 | £16 – £35 | £8 – £13 |
| Victoria | £35 – £60 | £16 – £30 | £8 – £13 |
| Kensington & Chelsea | £35 – £45 | £16 – £25 | £8 – £13 |
| Knightsbridge & Belgravia | £45 – £75 | £17 – £35 | £10 – £13 |
| Waterloo & Southwark | £25 – £65 | £16 – £25 | £8 – £13 |