London is one of the most desirable cities in the world - be it as a tourist destination or as a hotspot for businesses. Put simply - people love England's capital. However, as desirable as it is for company owners and directors, some have reservations about making the move. And this is Largely Because Of Cost. They believe That, regardless of the premises' size, office rent in London is incredibly high.
To an extent this is true, then-depending on the areas to Which you hone your search.
If you're looking to find low prices for offices to rent in London St James, Mayfair Marylebone ago, you're going to be sadly disappointed. These areas in the office space is at a premium, and it's in high demand - hence will the rent prices. To put it into perspective, if you were looking for a commercial property, finished to the highest possible standards - complete with air conditioning and raised roofs - St James, You Could expect to pay anywhere between £ 70 to £ 110 per square foot for annum. It's worth bearing in mind That this is one of the highest rates of office rent London.
For small start-ups to large office complex in locations One Of These Is not going to be viable, and Also would be completely unnecessary. Instead, You Could make your search for a property to One Of These locations, with cheaper rates of office rent in London:
Office rent in Shoreditch London - Shoreditch Has a rich history, having Been the home of many Victorian entertainment venues. It was-regarded by many as a contender to the West End's crown as London's premiere spot for theaters and music halls. Now the area Has an incredibly bright future to look forward to. Massive tech firms have swarmed to offices in a small area known as Tech City. There's even talk That It could become the UK equivalent to the US's Silicon Valley. With a Relatively low rate of office rent - about £ 20 - £ 25 per square foot per annum for a basic property - it's no wonder That so many small firms have tried to get on board with this exciting development.
Hammersmith offices - Hammersmith is Largely associated with two things - entertainment and business. At its center stands the Ark. It's a spectacular ten-storey building, Which was constructed back in 1992. Designed by Ralph Erskine, it looks, as you'd expect on hearing the ITS name, like a large ship. Do not be mistaken, though, it's not the only spectacular London office space in Hammersmith. The rates of Hammersmith office rent in London are pretty reasonable. For between £ 30 and £ 35 per square foot per annum, You Could pick up a mid-range property. A mid-range property features air conditioning usually you.
For many business owners - looking for cheap options When It Comes To rent office in London - These mid-range properties are Likely to be where they'll focus all of Their attentions towards.
Additionally the likes of Islington, Canary Wharf and Notting Hill are great options for cheap office rent London. Also it's a good idea to pick up the most up-to-date guide for office rent in London.
Businesses from all over the world clamor to take up London office space. This article details some of the best areas for the cheaper rates of office rent London Has to offer. Find out more here.
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