Office space in Covent Garden is highly sought-after, with businesses eager to capitalise on both the tourism and cultural reputation that this renowned area of London provides. There is a strong emphasis on retail, with market stalls sitting alongside luxury brands and independent outlets, though the district also boasts long-standing links with theatre and street performance, offering further investment and contracting possibilities.
Within Covent Garden, office space is varied in terms of size and style. There are 421 buildings totalling 10,492,696 sq ft, and at the end of 2015 availability was down to 7.2%. The average asking rent is £61.56 per sq ft, although exceptional space can be found for no more than £70, and good quality accommodation acquired for just £40-50 per sq ft.
Excellent public transport links, being served by Leicester Square, Charing Cross and of course its own eponymous Underground station by way of the Piccadilly, Northern and Bakerloo lines. A short walk away is Temple station, providing additional access to offices via the District & Circle line.
The relaxed, light-hearted atmosphere makes it an attractive option for many companies looking to relocate their office premises. Bounded by the exclusive Strand to the south, and playing host to, among others, the Royal Opera House, Drury Lane’s Theatre Royal, the English National Opera and the Adelphi Theatre, this is a part of London steeped in theatrical history. Equally famous is the Covered Market, situated centrally within the district and originally a fruit and vegetable market, though now its stalls offer a diverse and eclectic assortment of foods, goods and services.
Stuart Neils offer many different offices, with both traditional buildings and minimalist constructions located along the key thoroughfares such as the Strand and St Martin’s Lane. There are also opportunities for leased office accommodation in more central locations around Long Acre, with its charming, quirky ambiance and plethora of restaurants, coffee shops and food stalls.
We aim to deliver outstanding rented office space, catering to every budget with both serviced and standard spaces available. To discuss your Covent Garden office relocation, contact Stuart Neils for more information.