The Cost of UK Office Space
The cost of your UK office space depends on a huge number of factors, including the office cost per square foot, the kind of building it is housed in and its location, both within the UK and within the city.
Serviced offices are charged per desk per person per month (that’s a lot of ‘per’s!). These prices can vary widely across the market.
Demand for office space in the UK is rising
The UK ranked 4th out of 137 countries for its healthy entrepreneurial ecosystem in 2018 and, despite the uncertainty of Brexit, research shows that start-ups are still choosing the UK as their base. This is particularly evident in the tech sector, in which the number of new companies launched in 2018 increased by almost 60% from the previous year.
With rising demands for UK office space, business owners are constantly on the lookout for savvy ways to reduce the hidden costs associated with traditional leased office space. That is where Click Offices come in. We have in-depth knowledge of all serviced office providers throughout the UK, and can help you find the perfect workspace for you and your company.
Average office rental prices in the UK in 2018
No matter where you’re looking for serviced office space in the UK, Click Offices can give you the lowdown. But how does location affect price? Check out the following data for a rough idea of price per location.
United Kingdom |
US$ |
£ |
Basingstoke |
$264 |
£200 |
Belfast |
$330 |
£250 |
Birmingham |
$330 |
£250 |
Bracknell |
$530 |
£400 |
Brentford |
$728 |
£550 |
Brentwood |
$397 |
£300 |
Bristol |
$397 |
£300 |
Cambridge |
$530 |
£400 |
Cardiff |
$530 |
£400 |
Chertsey |
$794 |
£600 |
Chester |
$662 |
£500 |
Crawley |
$728 |
£550 |
Croydon |
$662 |
£500 |
Dartford |
$595 |
£450 |
Edinburgh |
$662 |
£500 |
Exeter |
$397 |
£300 |
Fleet |
$530 |
£400 |
Gatwick |
$927 |
£700 |
Glasgow |
$595 |
£450 |
Guildford |
$600 |
£400 |
Harrow |
$629 |
£475 |
Heathrow |
$794 |
£600 |
High Wycombe |
$728 |
£550 |
Leatherhead |
$860 |
£650 |
Leeds |
$595 |
£450 |
London (Central) |
$1059 |
£800 |
London (City) |
$1059 |
£800 |
London (West) |
$993 |
£750 |
Luton |
$662 |
£500 |
Maidenhead |
$595 |
£450 |
Manchester |
$728 |
£550 |
Milton Keynes |
$595 |
£450 |
Newcastle |
$629 |
£475 |
Norwich |
$595 |
£450 |
Nottingham |
$595 |
£450 |
Oxford |
$728 |
£550 |
Potters Bar |
$562 |
£425 |
Reading |
$629 |
£475 |
Reigate |
$695 |
£525 |
Rickmansworth |
$530 |
£400 |
Sheffield |
$530 |
£400 |
Slough |
$728 |
£550 |
Southampton |
$629 |
£475 |
St Albans |
$728 |
£550 |
Staines |
$794 |
£600 |
Stockley Park |
$530 |
£400 |
Sunderland |
$397 |
£300 |
Swindon |
$595 |
£450 |
Uxbridge |
$827 |
£625 |
Warrington |
$629 |
£475 |
Watford |
$728 |
£500 |
Birmingham
The most populous city outside London, Birmingham boasts the second largest metropolitan economy in the country. It is internationally recognised as a business hub with a strong financial infrastructure, a buzzing and ever-expanding central business district and a transport system that is efficient and makes traversing the city and beyond an absolute breeze.
Average cost of workstation: £264
Bristol
The 8th largest city in the UK, Bristol has a strong economy and several growing specialist sectors. It is a city renowned for its culture of entrepreneurism and is dominated by the IT, tourism, aerospace, creative media, electronics, financial services and defence industries.
Average cost of workstation: £397
Edinburgh
The capital of Scotland boasts one of the strongest economies in the UK. Edinburgh is home to thriving education, science and tourism sectors and has a prominent financial industry. The city has a high ratio of professionals, meaning talent is never in short supply. Edinburgh offers one of the most competitive landscapes for businesses in the UK.
Average cost of workstation: £224
Leeds
The UK’s 3rd largest city with the 4th largest urban economy in England, Leeds has many prominent sectors, including one of the UK’s largest legal centres. Its central business district is ideal for those businesses that wish to immersed in an active hub.
Average cost of workstation: £261
London
The capital of the UK is renowned for being a hive of digital entrepreneurship and start-ups. The metropolis and business hub for both local and foreign-owned companies is far and away the most expensive place to rent office space in the UK, but that doesn’t mean it has to be unaffordable — if you know where to look.
The dynamism of London’s tech sector has been a key driver in the growth of coworking and mobile, digitally fluent communities. The agile working characteristics of the sector has paved the way for coworking markets elsewhere, too.
Average cost of workstation: £690
Liverpool
Liverpool is situated conveniently in proximity to such fellow business hubs as Manchester and Leeds. It has a thriving economy and offers affordable workspace rates when compared to many UK cities.
Average cost of workstation: £199
Manchester
Manchester has the 3rd largest metropolitan economy in the whole of the UK and has been ranked as one of the country’s most influential cities. Its culture of entrepreneurism makes the city prime real estate for both businesses and investors.
Average cost of workstation: £287
Find a serviced office anywhere in the UK today!
Looking for a serviced office space can be tough, and office costs can seem high. That is where Click Offices come in.
Click Offices have in-depth knowledge of all serviced office providers in the UK. We also know what’s currently available on the market, meaning we can help find you the perfect office space for your needs. We arrange your viewings and take you to visit the space ourselves. If it doesn’t quite suit your needs, it’s back to the drawing board. Simple!
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