Anyone reading this website who can remember Covent Gardens offices as being regarded as cheap is older than most of the Covent Garden Office Space team or they are part of a new bread of value driven thinkers.
Just to put the word expensive in context:
- £800.00 per person per month to rent a serviced office
- £70.00 per sq ft per annum exclusive rent for Leased Offices
- £1,500.00 per sq ft vacant freehold
So is this expensive – well sort of compared to a couple of years ago when we were in a recession, but also the difference was not that much either.
What has changed in the past year or so is that many markets like Holborn or King’s Cross have become much more expensive to what they were. Where Covent Garden offices have generally remained around the same sort of price.
Covent Garden is a mature market. There is very little new development of office space, and many of the buildings are either period properties or 1980s – 1990s developments.
A lot of people who speak to us, actually think Covent Garden is starting to offer real value for money compared to some of the neighbouring office markets. This is true when you consider the transportation, lifestyle, shopping and food and drink options.
Covent Garden offices are always unique, they are always in demand and often they aren’t as expensive as you think. We have some offices available through a Landlord partner who is offering deals at around £600.00 per person per month on a fully serviced basis. Or there are still some offices to be found under £50.00 per sq ft per annum for Leases.
If you are looking for an office space in Covent Garden then we would love to hear from you. We deal with the search, selection and negotiation on your behalf and provide a totally independent and unbias building review process. After all we are a tenant only agency, providing a free service to any one looking for serviced offices in Covent Garden.
So call the office on 020 3434 3860.
or you can email one of our consultants: