The 4 Most Affordable Office Spaces in East London

4 Most Affordable Office Spaces in East London | Knight Frank (UK)

Affordability is a hot topic for all sorts of entrepreneurs at the moment. The cost of supplies, energy, labour, equipment and just about everything else businesses need to run are soaring. But while prices are on the up, there’s still some fantastic value to be had when it comes to your office space.

Whether you’ve decided it’s finally time to upgrade from your kitchen table or are looking to downsize your office to control your costs, there has never been a better time to find affordable East London office space. The regeneration of areas such as Old Street and Whitechapel has seen a host of new flexible office spaces come to the market, bringing competitive pricing with them. And as the world moves to hybrid working, there are more flexible payment packages to suit the way you work.

When it comes to keeping your costs down, it’s true that building a business from your bedroom or making your workers fully remote is likely to be your cheapest option. However, that’s not a setup that’s going to impress clients, attract and retain top talent or inspire optimal productivity. Instead, rightsizing to a flexible office space in East London, and letting us negotiate a great deal on your behalf, gives you the best of both worlds.

So what are the most affordable East London office spaces? Here are four flexible spaces that are all available for under £300 per person, per month (pp/m).

1. East London Works, 75 Whitechapel Road, Whitechapel, E1 1DU

With private offices available from just £155pp/m, this multi-functional space just minutes away from the buzz of Brick Lane is the cheapest private office space of this quality that you’ll find in East London.

The modern office spaces at East London Works feature creative and trendy interiors along with award-winning internet connectivity. There are also excellent transport links, with Aldgate East and Whitechapel tube stations just a four-minute and seven-minute walk, respectively. There are also showers and bike storage facilities on-site if you prefer to power your own commute and with 24/7 access, you can work when it suits you.

2. Pelican House, 144-148 Cambridge Heath Road, Bethnal Green, E1 5QJ

This newly refurbished office space in the heart of Bethnal Green is an ideal setting for creative small businesses and freelancers. With private offices available from £170pp/m, you can bask in the natural light and enjoy the open spaces of Pelican House while keeping your costs down.

Despite being one of the cheapest private offices in East London, you’ll benefit from an excellent range of facilities, with meeting rooms, a café, communal courtyard, bike storage and showers all on-site. The office is also pet-friendly and is right next door to Bethnal Green Gardens, making it the perfect spot to stretch the legs or grab some lunch on a summer’s day.

Bethnal Green underground and overground stations are just a three-minute and five-minute walk away, making it the perfect location for a quick commute. There are also excellent bars, cafés, restaurants and a winery nearby.

Whitechapel road

3. Overseas House, 19-23 Ironmonger Row, Old Street, EC1V 3QN

If you’re looking for fully customisable offices in East London, you’ll struggle to find a better deal. From just £235pp/m, you can get your own private office, brand it and make it your own. All the costs, from rent to fit-out, will be bundled into your monthly fee with flexible term contracts. That makes this a practical and affordable way to get your own office space in the thriving area of Old Street and within easy reach of Shoreditch.

Overseas House has been recently refurbished and offers a host of amenities, including meeting rooms, 24-hour access, a private kitchen, locker storage and daily cleaning. It’s also fully furnished so you can get working right away.

But while the office space is light, airy and spacious, it’s the location that’s the star. With too many bars and restaurants to mention nearby, it’s the perfect spot for out-of-office client lunches or evenings out after work. Meanwhile, the fashionable Angel high street is just a 10-minute walk away. It’s also just a short walk from Old Street Underground station on the Northern Line and National Rail, or the host of tube lines and National Rail via Liverpool Street Underground station, making it an incredibly commuter-friendly space.

4. Queensway House, 275-285 High Street, Docklands, E15 2TF

With an average price of £531pp/m for private offices in the Docklands, these contemporary and spacious office suites are a steal at just over half that, starting at £300pp/m. Queensway House has flexible and modern offices for up to six people, ranging from 145 to 700 sq ft.

Ideally located on Stratford High Street in the heart of East London, this four-floor business centre comes fully furnished and offers shared meeting rooms and kitchen facilities, high-speed Wi-Fi, 24-hour access and nearby parking. It’s also just 0.4 miles from Stratford Station, putting you within easy reach of the City and the West End.

How to Find Budget-Friendly East London Office Space

If none of these affordable offices in East London give you exactly what you need - you might prefer a hot desking or a coworking space, for example - then we can provide personalised assistance to help you find the right fit.

We’ll manage your search from beginning to end, booking viewings and attending them with you to remove the hassle. We’ll also use our unrivalled market knowledge to negotiate the best deal. And what’s more, our service is entirely free. Get in touch to start your search.

 


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