Choosing a location for your London office can be extremely difficult, especially as you might be priced out of many areas. The capital is in high demand when it comes to commercial property, and even serviced offices are becoming more expensive in many locations. Location is crucial for your business and it could actually be the reason your company succeeds or fails.
There are many neighbourhoods in London which offer great spaces for business offices. Of course, the location you choose will also depend on the type of business you have and how long you think you’ll be based there. Creating an office in London is hard work, and it really is crucial to get the location right.
So where should you be focusing your search?
Here are some up and coming hotspots in London which have businesses flocking.
This area is very popular with creative businesses, but unfortunately now it is difficult to find affordable office space. It’s an edgy and cool location but also very central near the West End, so is in high demand with landlords and businesses. If you can afford it, it’s a great place to set up.
Clerkenwell is fantastically serviced by over-ground and underground trains from Farringdon station. This makes it a great location and moreover, the area has a great diversity of office space ranging from cool studios to large commercial office buildings. Typical rent prices are also much lower than central areas which is a bonus.
If you’ll be hosting meetings and expecting visitors from all over the country or further afield, then King’s Cross is an ideal location. It has two large train stations within walking distance, and of course the Eurostar leaving from St Pancras International. The area has also seen development recently so there are many office buildings to choose from.
This area between the West End and the City of London is known as Holborn or Midtown. In terms of business space it has mostly been known for the legal profession and publishing companies, but the central location has recently been attracting other businesses.
These are just a few suggestions for London office locations, but you also need to make sure you’ll be covered by office support providers. For example if you want a certain IT services provider, will they be able to visit your office location? Check whether your office support covers the whole of London, like Regional Services.