Office space in Marylebone is both high-quality and diverse, offering a prime position in one of London’s more affluent areas to suit all your business requirements. Although still primarily residential, new offices to rent in Marylebone are being developed all the time, providing excellent opportunities for leasing commercial premises.
Marylebone has 874 offices to let, comprising 9,340,740 sq ft in total. At the end of 2015 office availability was down to 4.7% with an average asking rent of £63.32 per square foot. Premium workspace can cost up to £95 per sq ft but good space can be found for £50-55.
Located within the City of Westminster, Marylebone is bounded by one of the capital’s busiest thoroughfares, Oxford St, to the south, as well as by Edgware Road and Great Portland Street to the west and east respectively. These excellent road links make commuting by bus hassle-free, though there are also exceptional Underground connections via the Central, Jubilee, Bakerloo, Metropolitan, Hammersmith & City and District & Circle Lines. Furthermore, the proximity of a mainline train station offers convenient travel to the rest of the UK. Bond Street station has also recently undergone major refurbishment with plans for Crossrail trains to stop there, further improving accessibility to the area.
In terms of cultural prestige, Marylebone boasts within its boundaries Oxford Circus, Regent’s Park and Marble Arch, as well as playing host to Baker St, the infamous address of Sherlock Holmes. Eminent medical professionals on Harley Street also make good use of Marylebone’s exclusive offices, while Cavendish Square and its well-designed public garden, at the eastern end of Wigmore St, was home to at least one British Prime Minister.
Companies seeking to capitalise on high footfall and tourism will find many fantastic opportunities for office space to rent in Marylebone. Shops and restaurants abound towards the south of the area, with plenty of commercial prospects for both advertising and contracts. We let a wide range of edifices, from glass-fronted modernist buildings to Portland stone façades and with sizes ranging from 150 to 70,000 square feet, supplying both standard and serviced offices to suit every requirement.
For more information on renting office space throughout Marylebone, contact Stuart Neils and Co to find the right business premises for you.