Knowledge

London Area GuideOffice Space in the West End to Rent

Area Overview

The West End is London’s pre-eminent leisure, shopping, and commercial area, generating more income for the local economy than any other part of the UK.

The West End is synonymous with its leading retail provision on Oxford Street and Regent Street.

A vast range of sectors operate in the area, and there are over 120,000 businesses in the West End. The West End is a collection of tiny villages that combine to create a business and residential ecosystem that has developed over hundreds of years.

What to do and see

  • retail

    Oxford Street & Regent Street retail districts

  • economy-government

    The seat of the UK Government is situated in Whitehall, Victoria a sub district of the West End

  • education

    University of Westminster and London School of Economics are located in the area

  • restaurants

    There are over 2,500 restaurants in the area to choose from

  • theatre

    The West End is home to a total of 39 theatres

The Workforce

As one of the UK’s largest central business districts, the West End of London is home to employers ranging from media companies to theatres and digital technology companies.

The West End generates approximately 3 per cent of the UK’s economic output, and over 600,000 people work in the area. As a result, the West End has one of the most significant concentrations of workers within the UK.

Transport

  • transport-overground

    Bakerloo Line, Circle Line, Hammersmith & City Line, Metropolitan Line, Jubilee Line, Central Line, Northern Line, Piccadilly line, District Line, Victoria Line

  • transport-underground

    Victoria Station, Charing Cross Station

  • transport-crossrail

    3 new Elizabeth Line stations

Employment & Industries

transport-crossrail transport-crossrail

Growth Sectors (GVA) 2015-2019

  • economy-finance

    Financial & Insurance
    - up by 58%

  • economy-information

    Information & Communication
    - up by 46%

  • economy-government

    Government
    - up by 21%

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.

Business Districts

  • Mayfair | St James’s
  • Soho
  • Knightsbridge
  • North of Oxford Street
  • King’s Cross | Euston
  • Paddington
  • Victoria
  • Camden

Major Employers

  • google
  • netflix
  • twitter
  • ucl
  • HM Government

Largest deals in 2020-21

Company Sector Building Size (sq ft)
Google UK Technology Euston Tower, 286 Euston Road 134,859
Twitter Media 20 Air 89,581
Netflix Media The Copyright Building, 30 Berners Street 87,387
The Office Group Serviced Offices 210, Euston Road 68,182
Roxor Gaming Technology 25-31 Golden Square 60.000

Mid sized deals in 2020-21

Company Sector Building Size (sq ft)
Argentex Group Financial 19-25 Argyll Street 12,727
Mubadala Financial 25 Berkeley Square 11,990
Chanel Limited Corporate Bond Street House, 14 Clifford Street 11,600
Qube Technologies Financial 160 Victoria Street 11,583
Boohoo Corporate Regents Place, Euston Tower 286-288 Euston Road 10,834

Prime Office rents

PRIME RENTS PSF GRADE A GRADE B
MAYFAIR | ST JAMES’S £110.00 £80.00
SOHO £87.50 £70.00
KNIGHTSBRIDGE £87.50 £57.50
NORTH OF OXFORD STREET £85.00 £65.00
KINGS CROSS | EUSTON £75.00 £60.00
PADDINGTON £75.00 £52.00
VICTORIA £72.50 £60.00
CAMDEN £60.00 £47.50

Flexible Office rents

FLEXIBLE OFFICE £ PDPM GRADE A
MAYFAIR | ST JAMES’S £600-£1,300
SOHO £500 - £1,000
KNIGHTSBRIDGE £500 - £1,000
NORTH OF OXFORD STREET £500 - £900
KINGS CROSS | EUSTON £500 - £1,000
PADDINGTON £550 - £850
VICTORIA £550 - £100
CAMDEN £400 - £650

Office Space in the West End to Rent Offices

25% Further Reduction

Add to shortlistRemove from shortlist
Serviced Office

Cavendish Square, Marylebone, London, W1G

Price from £750 per workstation/month

This elegant Grade 2 listed townhouse located on Cavendish Square has recently undergone a major...
Large Conference Facility

Large Conference Facility

24/7 Access Control

24/7 Access Control

24/7 Security Monitoring

24/7 Security Monitoring

25% Further Reduction

Add to shortlistRemove from shortlist
Serviced Office

Wardour Street, Soho, London, W1F

Price from £750 per workstation/month

This iconic address in Soho offers private offices on flexible terms. Meeting spaces are dotted...
24/7 Security Monitoring

24/7 Security Monitoring

Networking Events

Networking Events

Showers

Showers