Selecting an office space in London to rent can seem like a Herculean task. Especially considering that while the city is one of the leading business hubs in the world and offers lucrative growth opportunities for your business, it also comes with a high price tag.
That said, for professionals looking for the right workspace for their teams, it should be more than just the price per square foot. It must also be about whether you’re getting your money’s worth. So, how do you judge that? Well, by identifying those features of an office-to-let in London that genuinely add value to your team and further your business goals.
Here, we discuss the cost of renting an office in London, and the features that make your chosen office space’s rent worth it.
What Does It Cost to Rent an Office Space in London?
The cost of renting office spaces in London depends significantly on the location and the amenities offered. With that in mind, Grade A offices (located in high-end areas and offering top-notch amenities) can be around £150 per square foot, while Grade B offices (located in less central areas) can go for anywhere between £70 to £103 per square foot[AS1] .
What Should Make Your Rent Worth It?
Here are some considerations that can help you decide whether a specific office space is worth paying for:
1. A Central Location
Location can make or break a business. A centrally located office, easily accessible by the tube, city buses and other public transport means your team arrives with ease and minimal stress. At the same time, being based in one of London’s commercial districts keeps you close to clients, partners, and a thriving pool of talent.
It’s not just about the commute – your surroundings matter too. An office within walking distance of cafés, restaurants, and local services makes life simpler. From client lunches to after-work team celebrations, everything you need is right at your doorstep.
2. Flexible and Efficient Office Layout
Next, when you rent an office in London, be sure to choose one that offers a flexible layout that can be customised to your team’s size and needs. Equally important is the furniture you have. Ergonomic and comfortable seating helps employees and clients stay focused on productivity, instead of battling sore backs.
Lastly, prioritising plenty of natural light and proper ventilation goes a long way in creating a healthier, more uplifting environment where your team can truly thrive.
3. Access to Essential Amenities
Your office space should come well-equipped with all necessary amenities. After all, if your employees have to venture out to take a quick break or your client has to wait while someone goes on a cuppa run, you’re not only risking their productivity but also your office culture.
4. Access to Critical Technology and Suitable Infrastructure
Your employees must have access to high-speed internet, necessary audio and visual technology, online meeting software, IT support and the like. Offices to let in London that offer you suitable tech infrastructure can cost more than standard workspaces. If your employees’ productivity depends on these tools, the higher rent is automatically worth it.
5. Favourable Lease Terms
Lastly, prioritise flexible lease terms when deciding to rent an office in London. Doing so will help you expand office space as your team grows without having to commit to a large office on the outset.
Consider Additional Costs
Other than the points discussed above, you might also need to consider other factors such as maintenance, insurance, and security. While this is not a consideration if you choose a managed office space in London to rent, it can significantly increase your expenses if you decide to take an unmanaged one.
Choose Garden Office Bermondsey in London
At the end of the day, your rent office in London should justify the monthly expenditure. In short, it should meet your specific professional needs, be easily accessible by public transport, have a central location and support your team with their desired amenities.
And the good news is, you don’t have to look far and wide to find an office space that ticks all the boxes. Garden Office Bermondsey offers centrally-located office spaces that are thoughtfully and aesthetically designed to meet the needs of the modern business.
These come equipped with everything from high-speed Wi-Fi and state-of-the-art conference rooms to breakout zones and secure parking areas. Not only that, but when you choose Garden Office Bermondsey for office space in London to rent, you also enjoy transparent rent figures, with no hidden charges.
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