How to Find Cheap Serviced Office Space in London for Rent

Are you an entrepreneur or small business owner looking for affordable office space in London? You’re in luck!

In this article, we’ll show you how to find budget-friendly offices to rent in the busy city. We’ll provide tips on exploring different options and considering factors like location, size, and amenities.

With our help, you can make an informed decision and find a cost-effective solution that meets your business needs in vibrant London.

How to Find Cheap Serviced Office Space in London for Rent

To find affordable offices to rent in London, you can explore shared office spaces that offer discounted rates for startups or non-profits. These spaces provide a cost-effective solution for businesses seeking cheap office space in London. By sharing an office with another company, you can split the rental costs and have access to affordable London offices that meet your needs.

To help make things easy, once you've read our 'How to guide', why not check out a list of 20 cheap serviced office rentals we have in London?

These shared spaces often come with amenities like meeting rooms, kitchens, and high-speed internet, making them a convenient and inexpensive option.

Another way to find cheap office space across London is to look for properties further away from town and city centres. These locations may offer lower rental rates while still providing transportation options for your employees.

Cost-effective areas for office space in London

Have you thought about exploring upcoming neighbourhoods in London for affordable office space?

When looking for cheap managed office space in London, it’s essential to consider alternative options like serviced offices or flexible workspaces. These alternatives offer monthly contracts and the flexibility to adjust your space as needed.

By choosing developing areas, you can take advantage of lower rental prices while still being close to prime locations. Additionally, you can save costs by opting for smaller properties or open-plan layouts and eliminating unnecessary features.

Here are some cost-effective areas for office space to rent in greater London: 

  • Vauxhall
  • Stratford
  • Algate
  • White City
  • Shoreditch
  • Camden
  • Bermondsey
  • Limehouse
  • Edgware
  • Barnet

It’s also a good idea to consider getting help from an agent like Future Squared who can find the best deals and negotiate lower rents.

With some careful research and planning, you can find cheap offices to rent in London that suit your business needs.

10 Ways to Find Cheap Office Space in London for Rent

1. Hot desks are so freaking hot right now

Consider using hot desks as a budget-friendly option for finding affordable office space in London.

Hot desks are a popular choice for freelancers, startups, and small businesses who want flexibility and cost-effectiveness.

With hot desks, you can rent a desk in a shared workspace for as little as a day, week, or month, allowing you to pay only for the time and space you need. This means you don’t have to commit to long-term leases or upfront costs associated with traditional office rentals.

Hot desks often include amenities like fast internet, meeting rooms, and communal areas, making them a convenient and affordable solution for your office space requirements.

Look for coworking spaces in London that offer hot desks and take advantage of their flexible terms and affordable rental options.

2. One office, many businesses

If you’re looking for cheap office space to rent in London, you can consider sharing an office with multiple businesses. Sharing an office with other companies can help you save money by splitting the costs of rent, utilities, and other expenses. This is especially useful for startups or small businesses that want to reduce their overhead costs.

Additionally, sharing an office allows you to connect and collaborate with other professionals who’ve similar interests. In London, there are many shared office spaces for rent, offering different amenities and flexible lease terms. If you’re searching for affordable offices to rent in London, sharing an office with other businesses is a great option to consider. 

3. Rent a spare desk

Save money on office space in London by renting a spare desk and working alongside other professionals in a shared workspace. Finding affordable office space in London can be difficult, but choosing a flexible office arrangement like a serviced office space can offer cost-effective solutions.

By renting a spare desk in a shared workspace, you not only reduce rental expenses but also gain access to a professional and collaborative environment. Shared workspaces provide amenities like fast internet, meeting rooms, and communal areas for networking.

Moreover, sharing office space allows for cost-sharing opportunities such as splitting utility bills and sharing office equipment. So, if you’re searching for an affordable and convenient office space in London, consider renting a spare desk in a shared workspace. Find a serviced office for your team in various shapes and sizes today!!

4. Work in your pyjamas

Can you really be productive and professional while working in your pyjamas?

While working from the comfort of your own home in your pyjamas might be tempting, it may not be the best choice for productivity or professionalism. Renting a serviced office or private office space is a better option for maintaining a professional image and maximizing productivity.

These spaces provide a dedicated and professional environment where you can focus on your work without distractions. The location of your office also plays a crucial role in establishing your business presence. Choosing a well-connected and prestigious location can enhance your credibility and attract potential clients.

If you still prefer the flexibility of working remotely, a virtual office can give you a professional business address and access to meeting rooms when needed. Ultimately, whether you choose to work in your pyjamas or in a professional office space depends on your personal preferences and the nature of your work.

5. Caffeine and sugar to spur you on

Try adding caffeine and sugar to your routine to stay energised and productive while searching for affordable office space in London.

Starting your day with a cup of coffee or tea from a nearby café can give you the boost you need to jumpstart your workday. Caffeine helps improve focus and alertness, allowing you to stay on track and make the most of your time.

Additionally, treating yourself to a sugary snack or drink can provide a quick burst of energy to keep you going throughout the day.

When looking for budget-friendly office rentals in London, staying motivated and maintaining high levels of productivity is essential.

6. Search, and you will find

Start searching for affordable office space in London, and you’ll come across various opportunities. Look for serviced offices with flexible lease options while searching for budget-friendly office space. These types of offices often have reasonable rates and provide the convenience of ready-to-use spaces. By choosing a serviced office, you can avoid the hassle of setting up and managing your own office.

These spaces usually come furnished and have a dedicated admin team to handle property management. Moreover, you might find spacious offices that can accommodate your growing business needs. So, take the time to search for inexpensive office space in London, and you’ll discover a range of options that fit your budget and requirements.

7. It’s who you know, you know

Networking is an important strategy when looking for affordable office space in London. By expanding your professional connections, you can gain valuable information and resources to assist in your search. Networking allows you to connect with individuals who may know of budget-friendly offices or have recommendations for office solutions.

Attend industry events, join professional organisations, and engage in online communities to build relationships with like-minded individuals.

Additionally, consider contacting coworking spaces or serviced offices in London, as they often offer flexible and affordable workspace options.

8. Tweet tweet

Check out these 5 tips to find affordable office space in London.

London is a busy city with lots of opportunities, but finding a cheap office can be tough. However, with the right strategies, you can find a budget-friendly office that suits your needs.

First, consider looking for offices located further away from the city centre, as they’re often cheaper.

Second, think about sharing an office with another company to split the costs.

Third, explore serviced offices with flexible month-to-month contracts.

Fourth, consider looking for properties in developing areas for lower rental rates.

Finally, use social media platforms like Twitter to search for available office spaces using hashtags like #officestorent or #London.

With these tips, you’ll be well on your way to finding a cost-effective office space in London.

9. Impress your clients

Make sure to impress your clients by finding affordable office space for rent in London.

In central London, where business thrives, you can discover cost-effective options that still offer all the necessary amenities.

Consider shared offices or coworking spaces, which provide the flexibility you need without breaking the bank.

These spaces often include access to meeting rooms and shared desks, allowing you to have professional meetings and work efficiently.

By choosing a shared office, you can showcase your professionalism while benefiting from a collaborative environment.

10. Keeping things virtual

Are you looking for affordable office space in London? Consider the benefits of virtual office options that provide a cost-effective solution for your business needs.

Virtual office services offer flexibility, reduced costs, and the ability to work from anywhere. With a virtual office, you can save time and money by eliminating the need to refurbish or rent physical office space.

These affordable options provide you with a professional business address, mail-handling services, and access to meeting rooms when required. By choosing a virtual office, you can focus on growing your business without the financial burden of renting office space.

Explore virtual office services today to find the perfect solution for your business.

5 Cheap Serviced Office space in London to rent

Finding the perfect office space in London's bustling business centers can be a challenge, but we're here to help. Whether you're a startup, a growing company, or an established business of all shapes and sizes, our offices to let bespeak quality and convenience. We offer a range of flexible space options, including private offices with access to breakout spaces, bike storage, and showers.

Located right in the heart of London, our newly refurbished commercial spaces on the South Bank are a great way to get your London business up and running. With competitive rates, starting at just per person per month, our offices offer a fantastic location for businesses looking for the ideal office search.

Let us help you find the perfect office location for your team, with a range of facilities including coworking and private offices, designed to meet the diverse needs of London's serviced office market.

Your search for cheap office space ends here. You can find a choice of office space for your business from the 5 varieties of office below: 

1) Serviced Office Space, Red Lion Court, Park Street, London - SE1

Prices Start From 
£350 PCM


If you’re looking for affordable office space in a great location, check out the serviced offices at Red Lion Court, Park Street, London - SE1.

This place has fantastic views of the River Thames and offers a range of amenities.

The offices are fully serviced, which means they’re convenient for businesses of any size.

Don’t miss out on this chance to find your ideal office space in London.

2) Serviced Office Space, Spare Street, London - SE17

Prices Start From 
£330 PCM


Discover the affordable serviced office spaces available on Spare Street, London - SE17. Enjoy the convenience of a central location and the amenities offered.

Spare Street is in Zone 1, making it the perfect choice for budget-friendly office rentals in London. With excellent public transport options and a customized interior, these serviced offices provide a professional work environment at affordable prices.

Benefit from 24-hour access, unlimited complimentary tea and coffee, super high-speed wifi, and a free bookable meeting space.

3) Serviced Office Space, Eccleston Place, London - SW1W

Prices Start From 
£749 PCM


Get the benefits of our all-inclusive membership packages and enjoy the amenities of our serviced office space in Eccleston Place, London - SW1W.

Our office is situated in the lively community of Eccleston Yards and provides a cost-effective solution for your business requirements.

With a blend of timeless interiors and contemporary features, our comprehensive packages include complimentary access to meeting rooms.

Be a part of our community and enjoy the convenience of a serviced office in the heart of London.

4) Serviced Office Space, Tabernacle Street, London - EC2A

Prices Start From 
£450 PCM


Experience the benefits of a serviced office space and enjoy all the amenities offered at Tabernacle Street, London - EC2A.

If you’re searching for an affordable, serviced office rental in London, look no further than Tabernacle Street. This serviced office space is suitable for companies of all sizes, thanks to its convenient location and flexible options.

You’ll have access to various perks, including customizable private offices and coworking areas. Additionally, commuting is a breeze as Old Street station is just a 4-minute walk away.

Don’t miss out on this opportunity to enhance your business in the heart of London.

5) Service Office Space, Central Street, Old Street - EC1V

Prices Start From 
£475 PCM


Looking for an affordable serviced office space in Central Street, Old Street - EC1V? You’ll find a range of options in this area.

These office spaces offer a hotel-like experience with beautifully designed areas and a focus on service and hospitality. Amenities include fast Wi-Fi, a quiet environment, and concierge services, making it ideal for professionals.

The location is conveniently close to Old Street, with excellent transport links and a vibrant atmosphere with local shops and restaurants.

How much does office space cost in London?

Have you thought about the cost of renting office space in London? It can be a challenge to find affordable options in this busy city, but with the right strategies, it’s possible.

London is known for its high office space costs, but there are ways to reduce this expense. One option is to consider shared offices or coworking spaces, where you can rent a desk or a small office within a larger workspace.

Another option is to look for office spaces in less central areas of London or emerging neighbourhoods, where prices may be more reasonable.

Also, negotiating lease terms and amenities can help lower the overall cost.

How much office space do you need per person in London?

Do you know how much office space is usually required per person in London?

When looking for affordable office space in the city, it’s important to consider the space needs of your team. While the exact amount may vary depending on your business, a general rule is to allocate around 100 to 150 square feet per person. This includes space for workstations, breakout areas, and private offices, if necessary.

By carefully assessing your space requirements, you can avoid unnecessary costs and find a cost-effective solution that fits your budget.

What offices are the cheapest?

If you don’t have much money to spend, you might want to consider sharing an office with another company. This can be a really cheap option, especially in London, where it can be hard to find affordable offices to rent. By sharing the rent with another company, you can split the costs and make things more affordable for everyone.

This is especially great for startups or small businesses that are trying to save money. Not only will you save money on rent, but you might also get access to shared amenities like internet, utilities, and basic furniture. Sharing office space in London is a cost-effective solution that still gives you all the essential things you need in an office.

How small should you go?

If you want to save money on office space in London, consider going for a smaller and more affordable option. One way to make the most of a smaller office is by adopting an open-plan layout and encouraging remote work. This will allow you to fit more staff in the limited space comfortably.

You can also consider using flexible shared or serviced offices to minimize costs while still providing a professional environment for your team. Another way to optimize your space is by eliminating the need for meeting rooms and holding conferences elsewhere. You can maximise your limited office space by embracing the idea of smaller desks and implementing a clear desk policy.

With these strategies, you can find budget-friendly offices in London that meet your needs.

Wrap Up: How to find cheap serviced office space in London

Finding affordable office space in London may seem complicated, but you can find a cost-effective solution with the right strategies and considerations.

Start by exploring different office options and considering factors such as location, size, lease terms, amenities, and networking opportunities. This will help you make an informed decision that meets your business needs.

Additionally, try using cost-saving strategies, negotiation tactics, and technology infrastructure to enhance affordability further.

With careful planning, you can find an affordable office space that suits your requirements in the lively city of London.