London Office Space Guide
London was recently voted the world's most visited city, and is the largest metropolitan area in the European Union. Along with New York and Tokyo, London ranked at the top of the Global Financial Centres Index in 2012. It is a popular business home for both home-grown businesses and major International corporations.
London is home to a wide range of industries, with key players being the financial sector, media distributors and professional services.
What to look for in your search for a London office
When searching for office space in London, you will probably be looking for an address which is well connected and likely to attract the right clientèle for your business. For companies in the more established sectors such as finance and law, a distinguished property in one of the more traditionally commercial areas, such as the City of London, may be what is required. However, for those businesses in the creative sectors such as digital media, fashion and advertising may need a fresher more lively address in an area such as Shoreditch. But whatever your specific needs, London is home to a diverse mixture of business types, and offers a similarly diverse selection of properties.
In today's unpredictable economic climate, long-term leases can put some companies under unnecessary pressure. Flexible office solutions can provide your business with the freedom to upsize or downsize quickly. They also provide small businesses with a cost-effective way to occupy impressive and efficient office space in the heart of the capital.
A Guide to the Business Districts of London
There are a number of major business districts in London, each attractive to different business types.
The City of London has long been the main financial centre of the capital, and is also known as the Square Mile. Many major International financial institutions have based their offices here, including some 500 banks as well as a large number of insurance companies. The London Stock Exchange and Bank of England are also based within the City of London. A number of major attractions are also close-by, including the historic and ornate Leadenhall Market, the Tower of London, St Paul's Cathedral, Tate Modern and the Barbican for concerts, exhibitions and other cultural events.
Underground and Mainline Stations serving the City of London include Bank, London Bridge, Liverpool Street and Temple.
Canary Wharf is a major centre for international finance corporations, and is situated in the Docklands, to the East of the City of London. This is where many large companies have their Headquarters, including HSBC, Barclays, CitiGroup and KPMG. A variety of office types is available in this area, from virtual offices, single private offices to whole floors that are ideal for larger enterprises.
A particularly strong feature of this area is the major retail development conveniently located at the base of the main Canary Wharf tower, which offers a wealth of shopping and eating options, and many familiar high street names including John Lewis/Waitrose, Boots and Marks & Spencer.
The area is well served by both Underground services and the Docklands Light Railway, with Canary Wharf Underground station located directly below the main tower.
Westminster is a thriving business district, located in the centre of London on the North Bank of the River Thames. Home of the British Government as well as many major international corporations, including large hedge funds and private equity funds. The area offers a range of office solutions, from large open-plan offices for large businesses to shared creative space in lively and historic Soho.
The West End is home to many theatres and other entertainment venues. Other major attractions in this area include many wonderful parks, Westminster Abbey, Tate Britain, and the incredible shopping opportunities of Oxford Street and Bond Street.
The area is well served by Mainline and Underground services, and many bus routes also connect this area to the rest of the capital.
Camden and Islington are inner-city areas that have in recent years become very desirable districts for business. Sectors that are popular in these areas of the capital include financial services, publishing, printing & digital services, accountancy, and business development outfits.
These areas benefit from an exciting mixture of brand new purpose-built office environments and some beautiful period buildings restored & refurbished to provide stylish and efficient office space specifically to meet the needs of modern business.
Shoreditch and Old Street
This once neglected area of London is home to a large number of IT companies. This is a lively area, occupied by many creative professionals, offering a great variety of office types including co-working space and private offices. There are many different periods of property represented, from modern purpose-built business centres to stylish converted Victorian warehouses with period detailing and large open-plan office arrangements.
This area has many great attractions on offer, including Old Spitalfields Market and Brick Lane, and is well connected to the rest of London via several Mainline and Underground Stations, including Liverpool Street, Whitechapel, Aldgate East and Shoreditch.
Lambeth and Southwark are major business districts in South East London, popular with a range of business types including construction, wholesale, retail and hotels. The area is highly accessible, with Mainline and Underground Services provided by Waterloo Station in Lambeth and London Bridge Station in Southwark.
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