Office Space to Rent South East London

Office Rental Costs & Considerations

Bromley has the highest population of all South East Greater London towns, and approximately 1.3 million live within 30-minute drive of the town centre. As a result, this town is favoured by business offering consumer and professional services. Another factor worth considering is that 2-year business survival rates are above average, as they stand at 75 per cent (versus 70 per cent in Greater London).

Although at present public transportation options are limited, Transport for London has submitted proposals to extend their service network. If these are approved, travel times and frequencies will be substantially improved, and new transportation links (such as the DLR) may be brought into the area, which may make it easier for local business owners to attract talented workers from other parts of London and to establish new partnerships.

Both Bromley and Orpington are designated Business Improvement Districts. This means that an additional business levy applies, but on the plus side, local firms benefit from being part of a community that focuses on providing networking and support opportunities. In addition, new housing developments will attract more residents, so in the near future business opportunities are likely to increase. Overall, job creation figures are expected to rise by over 6 per cent by 2031.

Business in South East Greater London

According to the Federation of Small Businesses, ease of access, affordable commercial property rates, and quality infrastructure make Bromley one of the most attractive business locations in Greater London. The town has a dynamic industry base supported by more than 15,000 businesses that employ 200,000 people, making this area comparable to other prosperous UK towns like Stoke-on-Trent or Reading.

Retail is a key source of employment and economic activity across South East Greater London. There are more than 500 retailers in Bromley alone, ranging from independent retailers to established high street brands and including Intu, one of the largest shopping centres in Greater London.

The London Plan defines Orpington as one of the top 35 most important urban centres. Here, construction and real estate are the predominant business activities. Leisure and entertainment are an important part of the business scene in Hayes and Orpington due to the easy access they offer to open spaces, golf courses, and other recreation venues. Moreover, the aviation industry employs approximately 1,000 people at Biggin Hill airport.

About South East Greater London

South East Greater London lies within 12-15 miles of central London and is comprised of several towns within the borough of Bromley. Direct trains services connect the area with several stations in central London (such as Charing Cross, Cannon Street, and Victoria, which can all be reached in 20-30 minutes). Overground and Tramlink services are also available. The most notable business districts are in Bromley and around Orpington town centre.

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