It’s fair to say that the choice of office locations in London can prove to be quite daunting and making the right decision about your new business address is really important for your company’s future growth.
Perhaps the biggest single decision you have to make is “location”. That old saying when buying a new home, “Location, Location, Location” applies to your choice of office space as well.
The London office market is very varied with different parts of the capital being renowned for their levels of one type of business. For example, Shoreditch is known for creative businesses, Canary Wharf is known as a hub for UK and international banks, whilst the City of London is known for legal and financial services. Mayfair is famous for hedge funds and embassies but this is changing as business services companies move in.
The top ten London locations to consider are:
- Bank – This is a popular area of the City of London
- Mayfair – In particular the area around Berkeley Square
- Shoreditch – Creative businesses abound
- Kings Cross – With the new development near the station attracting the likes of Google
- Canary Wharf – With a range of office options and good transport links
- Borough – With the development around the Shard and near London Bridge
- Liverpool Street – With a number of new buildings opening in 2016 and 2017
- Covent Garden – A popular central location with excellent transport links
- Aldgate – On the City fringe, this area benefits from significant ongoing investment
- Paddington – Recent infrastructure investment has seen this area surge in popularity
Since the financial downturn the lines between areas of London have become a little blurred. Tech companies have moved in to the area now known as Silicon Roundabout near Old Street which has in turn revitalised the area. The London Bridge and Borough High Street area has lost it’s down market image thanks to the Shard development which has in turn led to a multi-million pound investment in London Bridge Station.
So with all this choice and so many potential areas to chose from, we think it’s important to take the following in to consideration when planning the location of your new virtual or serviced office in London:
- Pay attention to the other types of businesses around you
- How easy is the address to find? A well known location can help a great deal
- What types of different transport links are available?
- Is the location appropriate to your brand image?
- What local amenities are close by? Is there a cafe on-site?
- Does the location offer meeting rooms to hire by the day?
So as we have said, it’s all about location! It should be at the top of your office wish list so that your business gets the maximum benefit from your investment in new office space.
And remember the best advice about potential new locations is impartial advice. We’ve built up an enviable knowledge of the various locations open to you and our service is certainly impartial.
Image courtesy: Wikipedia