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London Area GuideOffice Space in Shoreditch to Rent

Area Overview

‘Quirky’, ‘cool’, and ‘young’ are words that are commonly associated with the Shoreditch and Old Street areas, as are ‘innovative’, ‘dynamic’, and ‘entrepreneurial’ with its growing business community. Home of the tech-start-up scene in London, the Shoreditch and Old Street areas have fast become a technology powerhouse, with businesses and government piling in the investment (and marketing) for the concept that is Tech City London that aims to rival California’s Silicon Valley.

This vibrant area of central London has developed a unique community that has nurtured businesses, visitors, and residents alike.

What to do and see

  • retail

    The Old Street and Shoreditch areas are well renowned for its independent food retailers and food stalls

  • museum

    Visit one of the smaller London museums such as the Honourable Artillery Company

  • education

    A number of universities and higher education establishments are located in this area, such as University of Arts

  • restaurant

    Feast in some of the best restaurants and bars in London

The Workforce

The City of London is a major global business and financial centre, with the Bank of England headquartered in the area.

Around 75 per cent of jobs in the City of London are in the professional and financial services sectors. The legal sector is also heavily represented in the area. In 2020, 72 per cent of City workers were employed in high-skilled jobs.

As recently as 2017, the City of London was estimated to provide almost 10 per cent of UK gross domestic product.

Transport

  • transport-overground

    Northern Line

  • transport-underground

    Old Street Station, Shoreditch High Street Station

  • transport-airplane

    London City Airport

Employment & Industries

transport-crossrail transport-crossrail

Growth Sectors (GVA) 2015-2019

  • economy-finance

    Finance & Insurance
    - up by 108%

  • economy-information

    Information & Communication
    - up by 73%

  • economy-construction

    Construction
    - up by 69%

The Office Market

The City North office market encompasses one of the fastest-growing office areas since 2010, boosted by the growth in the technology sector that made this area its home. A well-established ecosystem of industries and businesses has spurred office development, which continues today. The attraction of this area has pushed rents to a high level but remains an attractive location for businesses of all sizes.

Business Districts

  • Old Street
  • Shoreditch
  • City Road
  • Goswell Road

Major Employers

  • expedia
  • transferwise
  • farfetch
  • google
  • the-trade-desk

Largest deals in 2020-21

Company Sector Building Size (sq ft)
Transferwise Tech Tea Building 49,129
Leigh Day Legal 27 Goswell Road 28,483
Little Dot Studios Media Trumans Brewery 23,500
- - 18-29 Mora Street 16,070
Perkbox Corporate 3-7 Herbal Hill 15,373

Mid sized deals in 2020-21

Company Sector Building Size (sq ft)
Brilliant Basics Media The Bower, Old Street 11,331
Kinetic Worldwide Media 80 Old Street 10,717
Conran & Partners Professional 30a Great Sutton Street 8,615
Untold Studios Media White Collar Factory 6,100
Barilla Pasta Corporate 90 Goswell Road 5,993

Prime Office rents

PRIME RENTS PSF GRADE A GRADE B
CITY NORTH £70.00 £55.00

Flexible Office rents

FLEXIBLE OFFICE £ PDPM GRADE A
CITY NORTH £450-£800

Office Space in Shoreditch to Rent Offices

25% Further Reduction

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Serviced Office

Rivington Street, Shoreditch, London, EC2A

Price from £650 per workstation/month

Originally built in the 1930’s, they’ve worked hard to bring out the original art-deco features,...
Terrace

Terrace

24/7 Security Monitoring

24/7 Security Monitoring

Lounges

Lounges

25% Further Reduction

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Serviced Office

Leman Street, Aldgate, London, E1

Price from £500 per workstation/month

With original, industrial features and bright, airy floor plates Leman Street is perfectly suited to...
24/7 Security Monitoring

24/7 Security Monitoring

Terrace

Terrace

Co-Working

Co-Working