For businesses seeking new office space, Waterloo is the ideal location. Centrally positioned within the city and enjoying outstanding transport links both with the rest of the city and the wider UK, the area is also benefitting from a local cross-borough BID which is in the process of rejuvenating and redeveloping much of the district.
Situated directly on the south bank of the River Thames, Waterloo has 162 office buildings comprising 5,920,495 sq ft in total. At the end of 2015 the availability was down to 7.8% with an average asking rent of £39.23 per sq ft. The best spaces let for up to £65 per sq ft, but good premises can be found for £40 – £45 per sq ft.
The area has great public transport access and is served by both an Overground and Underground station (with access to Bakerloo, Northern and Jubilee lines as well as the DLR). Lambeth North and Southwark Underground stations are only a short walking distance and there are efficient road networks, making travel via other forms of transport easy.
Originally part of the parish of Lambeth (and still part of the self-same Borough), Waterloo was not known as such until after the opening of the mainline station in 1848. The station itself was named after the bridge across the Thames, which in turn was so-called to commemorate the famous British victory against Napoleon in 1815, and remains one of the most visited tourist destinations in the district.
We offer a variety of offices to let within the Waterloo district, including traditional Victorian buildings in addition to more modern constructions. Many locations are serviced to suit your needs and rented floor space ranges from 1,000 to over 10,000 sq ft. With plenty of landmarks nearby, such as the London Eye, the Dungeons and the National Theatre, this is an area popular with tourists and travellers, making it an ideal position for businesses intending to take advantage of that market.
If you’re planning on renting your next office space in Waterloo, contact Stuart Neils to discuss availability in SE1 that best meets your requirements.