Leased Offices

Typical Landlord Quoting Rents

Leased Offices

As a guide, the average rates and service charge combined can equate to 35% – 60% of the rental value per square foot.
Small office suites of less than 3,000 sq ft tend to command higher pro-rata rents – usually £1.50 – £3.00 per sq ft above
those set out in the table below and have been excluded to prevent distortion in the data.

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South West/West London
west End
South Bank
City
Midtown
City Fringe
Docklands & Stratford

SW3, SW6, W4, W5, W6, W7, W11, W14	Grade A	Grade B
Vauxhall / Battersea	£52.50 – £60.00	£35.00 – £50.00
Chelsea	£77.50 – £90.00	£47.50 – £60.00
Kensingston / Queensway / Notting Hill	£55.00 – £65.00	£45.00 – £52.50
Fulham / Hammersmith / West Kensington / Olympia	£52.50 – £57.50	£42.50 – £52.50
Chiswick	£48.50 – £55.00	£40.00 – £47.50

W1, W2, SW1	Grade A	Grade B
Mayfair - Prime locations - e.g. Berkeley Square, St James' Square	£99.50 – £125.00	£77.00 – £95.00
Mayfair - Secondary locations - e.g. Albermarle Street, St James' Street	£87.50 – £97.50	£65.00 – £85.00
Euston	£67.50 – £75.00	£55.00 – £65.00
Marylebone	£77.50 – £92.50	£55.00 – £69.50
Fitzrovia	£77.00 – £92.50	£62.50 – £82.50
Soho, Regent Street	£65.00 – £90.00	£65.00 – £80.00
Victoria, Westminster	£70.00 – £87.50	£52.50 – £69.50
Knightsbridge	£82.50 – £95.00	£65.00 – £79.50
Paddington / Bayswater	£65.00 – £85.00	£52.50 – £65.00

SE1	Grade A	Grade B
Waterloo / Southwark / London Bridge	£62.50 – £72.50	£47.50 – £59.50

Pt EC1, Pt EC2, Pt EC3 & Pt EC4	Grade A	Grade B
Prime locations - e.g. Gracechurch Street, Lime Street/Fenchurch Street, Old Broad Street	£65.00 – £70.00	£47.50 – £62.50
Secondary locations - e.g. Blackfriars, Old Bailey, Barbican, Liverpool Street, Aldgate	£60.00 – £70.00	£47.50 – £52.50

WC1, WC2, NW1, Pt EC1 & Pt EC4	Grade A	Grade B
Bloomsbury	£75.00 – £87.50	£55.00 – £67.50
Holborn	£60.00 – £69.50	£45.00 – £59.50
Covent Garden	£75.00 – £85.00	£55.00 – £70.00
King's Cross	£65.00 – £82.50	£52.50 – £65.00

Pt EC1, Pt EC2, Pt EC3 & E1	Grade A	Grade B
City Fringe North / North West - e.g. Farringdon, Clerkenwell, Old Street, EC1, Finsbury Square & Shoreditch, EC2	£52.50 – £60.00	£35.00 – £50.00
City Fringe East - e.g. Spitalfields, Aldgate East, E1 & Tower Hill, E3	£77.50 – £90.00	£47.50 – £60.00

E14, E15 & E20	Grade A	Grade B
Docklands Prime locations - e.g. Canary Wharf / Heron Quays	£47.50 – £52.50	£32.50 – £42.50
Docklands Secondary locations - e.g. South Quay, Lime Harbour	£35.00 – £38.50	£29.50 – £33.50
Stratford	£40.00 – £49.50	£40.00 – £47.50

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