East Central London Office Space
Start your search for serviced offices for rent in East Central London here. Simply click on an area to see what office space is available, and then click on the properties to rent for details of what each property comprises. Whether you need furnished office space, coworking space, or virtual offices, we have an office available that's perfect for you.
If you're short on time, get in touch, and we'll search for you! Our service is free, carries no obligation, and our consultants are experts in the Central London office rental market. Call now for free expert advice 020 3965 9617.
Featured Central London Business Locations
Office Space to Rent in East Central London
Dominated by the City of London’s financial district, East Central London boasts unparalleled Zone 1 transport links via Liverpool Street, Bank, and Old Street stations. Parking in the city is limited due to the area’s high density and inclusion in London’s congestion charge zone, but ease of access to major Underground, Overground, and rail services ensures seamless connectivity. In addition, East Central London also offers several excellent commuter cycling routes, including Cycle-ways, the Thames Path, and routes through parks like Victoria Park and Olympic Park
For anyone who needs serviced office spaces such as furnished private offices or shared space, this part of Central London offers offices featuring state of the art amenities and high spec facilities within close proximity to public transport. The inclusions will vary depending on the building providing them but will typically be staffed receptions, meet and greet and concierge services, 24 hour access, conference and meeting rooms, high speed internet, air conditioning, bike racks, onsite cafes, 24hour security and more.
East London Offices for Rent
Office Space for Rent: Costs Across East Central London, average rental values range from £70 to £85 per square foot, with prime rents in the City core reaching £87.50 per square foot and up to £95 per square foot in Farringdon and £100 in Shoreditch as of Q1 2025.
Median desk rates for serviced offices are approximately £700 per person per month, while co-working desks average £250 per desk per month. In 2024, Grade A office take-up accounted for 65% of leasing activity, driving a 2.5% increase in City rents year-on-year, with forecasts predicting 4% annual prime rental growth through 2030. However, there are plans in place to increase availability levels and to adapt the current real estate inventory to the demands of prospective occupiers.
Office Accommodation: Property Types A number of collaborative coworking spaces and flexible serviced office space has been created. The area boasts 1.47 million square feet of flexible office space, representing 16% of the UK’s short-term office market as of March 2025. Coworking and serviced office spaces have surged, with new developments like 55 Bishopsgate (800,000 sq ft) and 55 Old Broad Street (360,000 sq ft) emphasising sustainability, achieving BREEAM Excellent or Outstanding ratings. Refurbished spaces, which increased by 65% from 2022 to 2023, offer cost-effective alternatives to new builds, aligning with tenant demands for net-zero-compliant properties.
Renting Office Space in East London: Benefits & Limitations Benefits include proximity to financial hubs like the London Stock Exchange, excellent transport links, and incentives like lower business rates for brownfield redevelopment, particularly in Wapping and Whitechapel. The City’s Corporate Plan supports SMEs and industries such as finance, tech, and culture. However, high rental costs and a tight supply of Grade A spaces, with a 9.5% vacancy rate for all classes but only 1.4% for new builds, pose challenges.
As for the limitations, the high prices for properties for rent and a very tight supply of East London office space are the main issues to bear in mind.
Business in East London
For decades, the rich historical and cultural heritage of this part of Central London has supported the tourism and hospitality industries, which are expected to have a net worth of more than £250 billion by 2025. The Square Mile has a high business density, with more than 14,000 registered businesses based here, and the majority being directly involved in finance, banking, and insurance. In 2024, the finance sector accounted for 24% of leasing activity, with significant deals like Legal & General’s 186,648 sq ft pre-let at Woolgate. The TMT (technology, media, telecommunications) sector, thriving in Shoreditch and Old Street, contributed 15% of office take-up. Culture and arts flourish around Barbican and St Paul’s, while construction and real estate grow in Wapping due to regeneration projects
These sectors dominate the business scene in the City of London, mainly thanks to the presence of the London Stock Exchange and of hundreds of corporate headquarters, including HSBC, Barclays, Lloyds TSB, Aviva, Unilever, BT, Standard Chartered, and UBS.
The TMT sector is the third largest industry sector in Central East London, followed by culture and the arts, mostly in Barbican and St Paul's, where there are several museums, art galleries, and theatres. As a result of several successful urban regeneration projects, construction, real estate, and leisure are important in Wapping and Commercial Road. Lastly, there is a small number of manufacturing firms located east of Whitechapel and Tower Bridge where the commercial property for rent includes light industrial units and business park options with warehouse units.
About Central East London
The Central part of East London covers areas of Hackney, Islington, Tower Hamlets, and the entirety of the City of London - the financial heart of the UK and home to some of the city's key tourist landmarks.
East London is also a major transportation hub, as it is served by virtually every transportation system available within London and has direct rail links with Stansted Airport via Liverpool Street Station. Moreover, London City Airport is approximately 8 miles away from most locations in Central East London.
Serviced Offices
SMEs are the most common serviced office occupier. First-time business owners are also typical tenants, as a serviced office is perceived as a less risky option when compared to conventional office space.
All-inclusive pricing. Short / flexible lease length. Less capital expenditure. Opportunities for networking. No dilapidation costs.
Managed Office Space
Managed or semi-serviced offices are a convenient office solution for business owners who don't want to commit to a conventional office lease but don't want serviced office space either.
Non-branded buildings. Flexible licence agreements with easy in-out and renewal terms. Move in within 3 months of lease-signing . Credit checks are not usually necessary. Total personalisation of office space.
Conventional Office Space
Traditional office space is a good option for businesses with at least 100 employees and, across London, conventional office space is typically favoured by corporates.
Facilitates branding and advertising. Potentially lower rates or discounts, especially whenever longer leases are agreed. Flexibility and control over the premises' appearance, layout, and space management. Only pay for the amount of space used.