7 Budget-Friendly Offices to Rent in London

To narrow down your search for cheap office space, here’s a handful of budget-friendly offices to rent in London, along with the most cost-effective areas.

Entrepreneurs know that getting a business off the ground is a balancing act. Depending on where you are in your startup or scale-up journey, you might be reluctant to spend a large portion of your funding – or hard-earned revenue – on upmarket office space.

And while the age-old stereotype of building a business from your bedroom (or your local coffee shop) is the cheapest option, it’s a setup that’s unlikely to lure in top talent, impress clients or inspire optimal productivity.

But office space in London can be expensive. Even CEOs and CFOs of more established businesses might, at some point in time, be faced with demands to cut costs. Some might consider downsizing, while others might consider relocating to a more cost-effective location in London.

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If budget is your main concern, you can also use a brokerage (like us) to help manage your office space search from beginning to end.

How to find budget-friendly offices to rent in London

If budget is your main concern, you’ve come to the right place to start your search. We’ve pulled together a list of areas in London which cater to smaller budgets, as well as a few rare finds that you can base your business in – that don’t compromise on quality and won’t cost you a fortune.

Top tip

You can also use a brokerage (like us) to help manage your office space search from beginning to end. Not only does it alleviate the hassle, but we’ll get the best deal for you by leveraging our market knowledge to ensure you pay a fair price.

Cost-effective areas for office space in London

If you’re flexible about location, here are some of the most budget-friendly areas to rent office space in London*:

• Stratford (£350 per desk)
• Hammersmith (£500 per desk)
• Aldgate (£550 per desk)
• White City (£500 per desk)
• Shoreditch (£600 per desk)
• Midtown/Holborn (£650 desk)

*Average asking prices.

7 budget-friendly offices to rent in London

Citibase’s 27 Knightsbridge

Citibase’s 27 Knightsbridge, London, SW1 X7LY

At just £350 a desk, this office is super budget-friendly, but doesn’t compromise on quality. You’ll have views of Hyde Park’s treetops and you’ll only be a short walk away from Harrods. You’ll also have showers, bike racks and 24/7 access.

Getting to the office: Hyde Park Corner station is just 0.1 miles away, and Knightsbridge station is 0.3 miles away.

Regus’s 90 Long Acre

Regus’ 90 Long Acre, Covent Garden, London, WC2E 9RZ

At just £300 a desk, this serviced office space is rich in character and right in the heart of Covent Garden. Kitted out with contemporary designs and stylish furniture, you’ll have access to large meeting rooms, private offices and of course, Covent Garden’s famous charm.

Getting to the office: Covent Garden station is 0.1 miles away and Holborn station is 0.3 miles away.

LentaSpace’s Coppergate House

LentaSpace’s Coppergate House, Spitalfields, London, E1 7NJ

From just £390 per person per month, this office space puts your business in the heart of East London’s creative hustle and bustle. Its furnished private offices and sleek meeting rooms are full of character – and in fact, form part of a recently refurbished 1800s Victorian Warehouse, with exposed brickwork and original features throughout. 

Getting to the office: Aldgate East station is 0.2 miles away and Liverpool Street station is 0.4 miles away.

Regus’ Tallis House

Regus’ Tallis House, Blackfriars, London, EC4Y 0AB

Starting at £400 a desk, Tallis House offers spacious meeting rooms, super-fast internet, a business lounge and a kitchen for members to enjoy. Located just by the River Thames, you and your teams will have plenty to explore during a lunch break.

Getting to the office: Blackfriars station is 0.2 miles away and Temple station is 0.3 miles away.

Canvas Offices’ 8 Albemarle Way

Canvas Offices’ 8 Albemarle Way, Clerkenwell, London, EC1V 4JB

From just £325 per person per month, this light-filled office space is located on a quiet street in Clerkenwell. The office is full of period features – such as original wood flooring and timber beams, and is a stone’s throw away from local cafes, shops and galleries.

Getting to the office: Farringdon station is 0.2 miles away and Barbican station is 0.3 miles away.

TOG’s 1 Lyric Square

TOG’s 1 Lyric Square, Hammersmith, London, W6 0ND

At just £475 per person per month, 1 Lyric Square comes with a host of benefits. The attractive, mid-twentieth century building has impressive 360-degree views of London, is designed with chic, modern furnishings and also comes with a fitness studio and fully equipped meeting rooms.

Getting to the office: Hammersmith station is 0.1 miles away and Ravenscourt Park is 0.4 miles away.

Us&Co's 11 Burford Road

Us&Co’s 11 Burford Road, Stratford, London, E15 2ST

At just £250 for a fixed desk and £350 per person per month in a private office, this vibrant, colourful workspace spans across six floors and has plenty of meeting rooms, training rooms and breakout spaces. You’ll also have access to car parking, bike storage and showers.

Getting to the office: Stratford High Street DLR station is 0.1 miles away and Stratford station is 0.3 miles away.