Paddington
The Workforce
Paddington has expanded significantly over the last twenty years, with a substantial amount of new commercial space built around the station and the canal basin. It is now home to a number of company headquarters. Paddington station is one of the busiest interchanges in the country, carrying the Elizabeth line, the Heathrow Express, four Underground lines and mainline services west, which gives staff travelling from outside London unusually quick access to the area.
Paddington Office Space: Area Overview
The Office Market
The case for office space in Paddington rests on connectivity, and the Elizabeth line has strengthened it considerably. The estates at Paddington Central and Merchant Square offer modern space with regular floor plates and good amenity, which suits corporate requirements that struggle to find efficient space further east. Rents sit meaningfully below the West End core for comparable specification. Technology, media and professional services take most of the space, along with a number of businesses that value the Heathrow link. Serviced offices in Paddington are concentrated in the two estates and are generally of good quality.
