Your Guide to Office Space in Covent Garden & Strand

Area guide for Strand & Covent Garden – Knight Frank (UK)

The Strand and Covent Garden are one of the world’s most popular hotspots, attracting more than 44 million visitors every year with its generous offering of entertainment, shopping, and restaurants and bars.

Its central location and excellent connectivity – nearby tube and train stations include Covent Garden, Leicester Square and Charing Cross – means those working in the area can easily travel from meeting to meeting.

Despite rising costs, many businesses big and small have decided to take up office space here, be it in a refurbished historical building or new, purpose-built office block.

 

Nine million square feet

The Strand has almost nine million square feet of office stock, making is one of the largest West End submarkets.

Highlights and hidden gems

Who’s there?

Although it’s technically in a district of its own, the neoclassical, grade-II listed The Adelphi Building sits at the foot of The Strand and houses two of the world’s biggest media brands in Condé Nast and Spotify. The building has 155,000 square feet of Grade-A office space and is also home to A.T. Kearney and The Economist.

In the area…

For quintessential British fine dining, look no further than the Savoy Grill. Situated in the world-famous Savoy hotel, visitors are transported to the 1920s era of dining, with crisp white napkins, polished cutlery and dishes such as grilled Lobster Thermidor followed by crêpes Suzette. Dining options are numerous and there’s something to suit all budgets – The Big Easy, for example, is the antithesis of the Savoy, a down and dirty BBQ smokehouse based in the bowels of Covent Garden, where slow-cooked meats and imported beer is the order of the day.

For after-work drinks, you can’t go wrong with the Lamb & Flag, which has history going all the way back to 1772. Nestled in the corner of Rose Street, the pub was nicknamed the ‘Bucket of Blood’ thanks to its reputation as a bare-knuckle boxing venue. Today it’s just beer being spilt, usually onto the cobbles outside where everyone congregates come the sunshine. The Nags Head on St James is similarly hectic on account of it being next to Covent Garden tube station but has a good selection of international beers and spirits, and a comely Victorian interior that provides some respite from the bustle outside.

At lunch, take a stroll through Neal’s Yard, which is easily one of London’s most colourful streets. Tucked away down a cobbled side alley in the middle of the Seven Dials District, the courtyard is surrounded by indie brands, all of whom have banded together to show their commitment to sustainable and ethical commercial practices. After, take a pew at Jacob the Angel and watch the world go by over a coffee and one of their excellent toasted sandwiches.


The Strand & Covent Garden office space prices

AVERAGE

£696

Private office

£596

Fixed desks

£365

Hot desks

Guide prices are per desk per month.
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Did you know?
  • The Covent Garden’ was given to John Russell, 1st Earl of Bedford by Henry VIII in the 16th century. More than 100 years later and the area was redeveloped for Francis Russell, the 4th Earl of Bedford, to become the first piazza in London. Today, the area’s historical beginnings are reflected by two street names: Russell Street and Bedford Street.
  • At 31% per year, Covent Garden has the fastest-growing rental rates by area and is one of Britain’s most expensive locations to live or rent commercial space in. But it wasn’t always considered a sought-after commercial district. In fact, it used to be one of the capital’s most infamous red-light districts.
  • Those working in Covent Garden may prefer to alight at the nearby Leicester Square station. The tube journey between the two stations is the shortest in London, lasting less than a minute, and Covent Garden’s lack of escalators means making an exit during rush hour can be a challenge of its own.

Nearby areas

Want to see what the wider neighbourhood has to offer? Why not read our guides for the nearby areas.

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Our experts know London’s office market inside and out, and our service is entirely free. So whether you need co-working, flexible or private office space, our team are here to help.

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