The Best Areas For Serviced Offices In London - WorkPad

The Best Areas For Serviced Offices In London

June 20th, 2024

Whether you’re a hungry startup looking to make your mark on the world or an established firm aiming to expand, London is likely to be top of mind when choosing your office location. With its rich history, thriving business scene, and a robust economy, the city presents unparalleled opportunities for companies looking to supercharge their growth.

Keep reading to discover why London really is the premier city for serviced offices, and find out which areas in the Capital are the best for professional businesses looking to establish a presence.

Why is London the best city for a serviced office?

London is a top choice for businesses seeking a serviced office, not just for the prestige it offers, but also for its abundance of resources and opportunities.

The city is a powerhouse for innovation and entrepreneurship, supported by substantial government funding. In fact, 37% of all government funding in the UK goes to London businesses, not to mention the capital has the most business incubators and startup accelerators in the whole of the UK.

It’s clear, London attracts success. And according to the National Office of Statistics, the number of businesses registered in the city grew by almost 10% in 2023, compared to 4% in 2022. This thriving business ecosystem attracts go-getters, exciting startups, and pioneering tech companies, reinforcing London’s reputation as a leading business hub.

What is the demand like for flexible workspace in London?

Recent data from The Instant Group revealed that occupancy rates in London reached a staggering 83% in the first quarter of 2024, up from 81% at the end of 2023. This trend reflects the increasing preference for flexible office solutions among businesses of all sizes, driven by the need for adaptable and cost-effective workspace.

Where are the best areas for a serviced office in London?

London offers a variety of prime locations for serviced offices, each with their own unique advantages and quirks. From amenities to transport links, here are some of the best areas in the city for professional businesses (plus a selection of impressive workspaces to consider).

Soho

Amenities

Soho is famous for its vibrant community, filled with restaurants, bars, and entertainment venues like the Soho Theatre.  You’ll find a mix of independent boutiques and high-end retail, especially along Carnaby Street and Kingly Court. For client meetings and lunch breaks, you’ll have access to a range of restaurants, from fine dining to street food, including popular spots like Dishoom and Hoppers. Galleries and art spaces are also just a stone’s throw away, like the brilliant Photographers’ Gallery.

Transport

Soho has excellent transport links with several Underground stations nearby, including Tottenham Court Road, Oxford Circus, and Piccadilly Circus. The area is also well-served by buses and bike lanes.

Business sectors 

Soho is a hotspot for media, creative industries, advertising, and tech startups, thanks to its trendy atmosphere and proximity to other creative hubs.

Workspace spotlight: Smithson Plaza

There are so many brilliant options in Soho for a serviced office but we love the premium Smithson Plaza workspace. Situated between St James Street and Jermyn Street it boasts unrivalled views across London and ample natural light, creating an inspiring work environment.

WorkPad Smithson Plaza

Fitzrovia

Amenities

Known for its mix of residential and commercial properties, Fitzrovia offers a variety of restaurants, cafes, and shops, with a slightly more relaxed atmosphere than areas like Soho.

A huge benefit is its proximity to Regent’s Park, providing a beautiful green space for unwinding or exercising during the workday.

The famous Charlotte Street also offers an eclectic nightlife for after-work visits, and a number of small galleries for when employees need a cultural fix.

Transport

Fitzrovia is well-connected, with Oxford Circus, Tottenham Court Road, and Goodge Street stations nearby.

Business sectors

The central location and creative vibe make Fitzrovia popular among media, advertising, architecture, and design firms.

Workspace spotlight – Lynton House

Found in an iconic building in the heart of Bloomsbury, Lynton House offers an upmarket, contemporary space to work from. The area is known for its rich cultural history, sitting within London’s Knowledge Quarter. This contemporary workspace has been recently refurbished, offering a stunning roof terrace and numerous amenities.

Covent Garden

Amenities

Famous for its historic market, Covent Garden offers a wealth of shops, restaurants, theatres, and cultural attractions. It’s a truly vibrant area and a cultural hot spot, from The Royal Opera House to the street performers in Covent Garden Piazza

Transport

Covent Garden, Leicester Square, and Charing Cross stations provide excellent transport options.

Business Sectors

Retail, hospitality, and creative industries thrive in Covent Garden.

Workspace spotlight: 40 Grosvenor Gardens

This premium, luxury workspace is situated in a French Renaissance building sitting within Belgravia and in close proximity to all the amenities of Victoria. The building has been meticulously restored, offering premium office space.

WorkPad 40 Grosvenor Gardens

Holborn

Amenities

Holborn offers a good mix of casual eateries, pubs, and upscale restaurants with a more professional atmosphere compared to Soho. The area is brimming with cultural attractions like The British Museum and Sir John Soane’s Museum, and close to Oxford Street for any retail needs. Lincoln’s Inn Fields also offers a serene environment for breaks and outdoor meetings.

Transport

The area is well-connected with Holborn and Chancery Lane Underground stations providing access to the Central and Piccadilly lines. Numerous bus routes are also available.

Business Sectors

Legal firms, educational institutions, and finance companies are commonly found here, attracted by the area’s professional environment.

Workspace spotlight –3 BLOOMSBURY PLACE

This boutique period property has been extensively restored, benefiting from an abundance of natural light and original period features. The result is a truly uplifting space to work from.

Mayfair & St James

Amenities

Mayfair and St James are synonymous with luxury and exclusivity, offering high-end shops, fine dining, and upscale hotels. Nearby green spaces include Hyde Park and St James’s Park.

Transport

The areas are well-served by Green Park and Bond Street Underground stations, with numerous bus routes.

Business Sectors

Hedge funds, private equity firms, and high-end retail are prominent due to the prestigious nature of the area. 

Workspace spotlight: 18 CONDUIT STREET

This premium flexible workspace in the heart of Mayfair is close to Berkeley Square, Bond Street, and Regent Street. Beautifully fitted, the serviced offices offer a bespoke, high-end feel with individual private office floors, ideal for businesses seeking an exclusive address.

Find a London serviced office with WorkPad

It’s clear that London serviced offices are a cut above the rest. And with demand for flexible workspace so high, finding the right space for your business can be a challenge.

Let us simplify the process for you. Explore our extensive portfolio of London offices, and together, we’ll find the ideal workspace that meets your needs. Contact WorkPad today to discover your new business home in the heart of London.

Edward Griffin

Edward has been CEO since November 2020. His career began at RBS International and has included roles at Transworld Couriers,...

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