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The Search for Office Space in the City of London

06/11/2009

With the take up of office space in the City expected to rise within the next few months, the clamour to get the proverbial ‘foot in the door’ will be high on the agenda for those businesses seeking the most desirable premises within the Square Mile.

Here we give a guide to the various districts in The City to assist those looking for office space to select the right location for their company:

Holborn and Chancery Lane
Located on the western boundaries of the Square Mile, this area is hugely popular with many solicitors and law firms – including the Law Society of England and Wales which has its headquarters at 113 Chancery Lane. Whilst office space options in the area are abundant and varied, for many there are two business addresses that top everyone’s wish list – Southampton Place and Lincoln’s Inn Fields. These two locations are some of the most prestigious across London and rental prices here do reflect this. 

Cheapside, St Paul’s & Moorgate
Home to multi-nationals including BT, Institute of Chartered Accountants and Legal & General, these three areas have seen a number of major redevelopments recently completed to make the area the principal choice for businesses seeking larger office space requirements within the Square Mile. And with projects such as One New Change and British Land’s proposed 90 metre office tower on Ropemaker Place also past the planning stage, the area will undoubtedly receive yet another boost to its already growing reputation. But for those seeking more traditional premises commonly associated with The City, there are plenty of options still available to you – notably around Gresham Street and St Martin’s le Grand

Bank and Liverpool Street
Famous throughout the world for being the home of the Bank of England, the roads around Liverpool Street and Bank are a magnet for financial institutions and insurance giants looking to portray the very best image to their clients and rivals. Demand for office space here is on the rise once more and rents will undoubtedly climb to reflect the prestige that comes with occupying such a renowned business address. The vast majority of property around the vicinity of the BoE is Grade II listed; providing occupiers with the history and reputations that many come to expect when seeking offices in The City. For those seeking for a more contemporary space requirement in the area however, skyscrapers such as the iconic 30 St Mary Axe (‘The Gherkin’) will more than cater for your desires. The network of passageways and alleys that burrow their way around the area house many historic pubs and bars ensuring you will always have a venue on your doorstep to entertain clients.

Once you have chosen the area that best suits your business needs, the proactive search for office space in the Square Mile begins.

Abbey Business Centres operate two business centres in the City of London that offer a range of serviced office suites that would be ideal for the smallest start up right through to the largest blue chip brand.

Call us today on 0800 634 6346 to arrange a viewing or to discuss your requirements in further detail.

Alternatively calculate how much City of London serviced office space you may require online.