Paddington
Paddington Office Space: Area Overview
The Workforce
Over the last twenty years, Paddington has witnessed significant development, with over 2.5 million sq ft of commercial space having been constructed.
The Paddington area has been transformed and is home to many company headquarters. Paddington Station is a major transport hub with over 70 million passengers per year. The station enables workers from outside the capital to gain speedy access to this area of London.
The Office Market
The West End is the 2nd largest office market in the UK after the City of London. The type of office stock for tenants ranges from the historic townhouses of Mayfair and St James’s through to the larger and recently developed spaces in King’s Cross or Paddington.
Office rents can also vary, commanding the highest level in the country for an office through to more economical prices in the more fringe locations.