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Can the City of London help your business thrive?

Author: Stella Chrysaki/April 19, 2017

The City of London is an eclectic mix of the old and the new. Taverns, markets and side streets dating back centuries mingle seamlessly with new, ever larger, skyscrapers.

City’s Square Mile includes St Paul’s, Bank, Liverpool Street, Aldgate, Moorgate, Barbican and Blackfriars. The area is a thriving hub of financial services such as insurance, commodities trading and investment. Although the City has never before faced such an uncertain time, in light of the potential impact of Brexit it is likely that the City will retain its dominance as a leading financial services centre.

Beyond the area’s prominent business interests, there are plenty of points of cultural interests to discover too. If you fancy a food market on your lunchtime there are plenty to choose from such as Leadenhall Market, Smithfield Market or you can visit Broadgate Circle.

Although the City is a great place to work, sometimes the urban surroundings leave you longing for a little bit of greenery. Finsbury Circus Garden is the ideal place to relax or have lunch on a sunny day. During summer, you can take time away from your desk on a deckchair at Finsbury Square. If you are based in St. Paul’s, you can relax at Paternoster Square.

All the above makes the City an extremely attractive location and so commands a premium price. Therefore, it may seem impossible to secure affordable office space in the Square Mile, especially in some of the best-known high rises of the City. However, the solution may be simpler than you'd think: flexible office space could help you obtain an exclusive address at a comparatively low cost. Through LEO, you could be working from a prestigious location like 1 Cornhill, one of the oldest and most famous buildings in the City without committing to a pricey or lengthy lease.

Serviced Offices in the City

Below are the average prices of serviced offices in the City and the neighboring areas, given on a per person per month basis, derived from our sales team’s knowledge.

 

Area  Price Range/per desk
St. Paul’s    £650 - £1,700
Bank     £550 - £1,400
Liverpool Street   £550 - £1,000
White Chapel   £500 - £600
Barbican    £450 - £600
London Bridge        £600 - £850
Midtown      £450 - £1,000

 

Finding the right location has tangible benefits for a business in terms of attracting and retaining the right talent so it makes sense to explore all options available.

Whatever your London location, it pays to make use of locations created and maintained by a specialist.

The five main benefits of using a LEO serviced office are outlined below:

  • 34 outstanding zone 1 London locations all with zero branding throughout
  • Market leading plug in and play technology and telephony
  • Peerless 5-star service. Concierge style approach to service and business support
  • All-inclusive monthly fee. Core services including technology and telephony with no hidden extras
  • Flexibility, extra desks and meeting room space when you need it and not before.

If you’re looking to move into the area, or simply require more information, then please get in touch with our team on 020 3008 8888 or email enquiries@leo.co.uk

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