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Bank

Why choose office space in Bank?

A leading financial hub and home to the Bank of England, Bank is a buzzing business hub in the heart of the city.

 

So, what is the cost of renting an office space in Bank?

Location Grade A Grade B
EC4: Bank (Leased) £65 - £95 (p/sqft) £35 - £60 (p/sqft)
EC4: Bank (Serviced) £700 - £1000 (p/desk) £450 - £700 (p/desk)

ABOUT

Bank is a thriving financial hub located in Central London, in an area often referred to as ‘the City’ as well as part of the ‘Square Mile’. Steeped in a rich history, Bank is most well known for being home to the Bank of England, as well as other iconic landmarks including St. Paul’s Cathedral and the Royal Exchange. 

Renowned globally for its economic significance, over 500 international banks inhabit office space in Bank. As well as long-standing financial institutions, the area also attracts insurance companies and fintech startups – with the likes of Aviva, BT, Lloyds and Ernest and Young all basing their businesses in Bank office spaces. Given its central location, Bank has excellent transport links to the rest of London, and is popular among new graduates. 

Get in touch with our team of expert London office rental agents to find out more about commercial property in this popular area. 

NEARBY BOROUGHS

If you find that an office space in Bank doesn’t align with the needs of your business, why not consider one of the area’s neighbouring boroughs. 

Westminster, situated to the west of Bank, is a prestigious postcode popular with more than just politicians. Alternatively, to the North, Islington can provide a quieter setting for companies – and has a thriving business scene.

Office space in South London, across the Thames from Bank, can be a more affordable option for some businesses. 

TRANSPORT LINKS

Office space in Bank is extremely well connected – making it an ideal choice for commuters and clients. 

The area is served by a cluster of nearby tube stations, including Bank, Moorgate, St Pauls, Mansion House, Monument, Blackfriars, Liverpool Street and Cannon Street, ensuring convenient access to various parts of London. 

In addition, Bank is in close proximity to several mainline train stations, including Moorgate, Blackfriars, Cannon Street, City Thames link, Liverpool Street and Fenchurch Street. Office space in Bank also benefits from being near the Docklands Light Railway (DLR) connecting the area to Canary Wharf, another major financial district. 

Journey Times from Bank by Tube:
Oxford Circus – 10 mins
King’s Cross – 11 mins
Heathrow – 56 mins
Liverpool street – 2 mins (or a 10 minute walk)
Paddington – 21 mins (1 change)

Nearest Airport:
London City Airport (LCY): 6 miles away, or just under half an hour on the DLR

The Bank Office Space Community

PLAYTIME

There are plenty to keep clients and employees alike entertained with an office space in Bank. 

For a lunchtime bite, Coco Di Mama is a fast-food Italian venue that is popular among the working crowd. Or if you’re wanting a sit-down meal, tuck into a few sharing plates at The Folly, a botanical-inspired eatery. Wine and dine a client at the Sabine, a rooftop cocktail bar and eatery with expansive views of St Paul’s Cathedral and the wider city. 

For a touch of retail therapy, peruse the boutique stalls of Leadenhall Market, a historical venue that dates back to the 1300s, or check out the high-end brands at The Royal Exchange. Clear your head with a stroll through Whittington Garden, a leafy space perfect for an alfresco lunch, or wander around one of the many cultural landmarks situated in Bank. The Sky Garden at the so-called Walkie Talkie building, offers a leafy paradise with expansive views of the city – great for a coffee, a meal or as an event space.

HOW DO I FIND OFFICE SPACE TO RENT NEAR BANK?

If you’re eager to begin your search for your new office space in Bank, you’ve come to the right place. Whether you’re an ambitious startup, or in the process of scaling up your business, our expert team can help find you the perfect Bank office space. 

Browse our existing catalogue of Bank office spaces available to rent, or kickstart a bespoke search tailored to the needs of your business with the help of our relocation consultants.   With years of experience, knowledge and buying power in London’s commercial property market, we can help take all the stress out of your big move. From handling building surveys, to negotiating dilapidations and overseeing your office fit-out projects, we can support you each step of the way.

Frequently Asked Questions

Is Bank a good place to start a business?

Absolutely, Bank can be a great place to start a business – or to grow an already established business. Situated in the heart of London’s financial district, Bank offers a prime location with excellent transport links and amenities. 
 
Having an office space in Bank can make startups, or smaller businesses look more credible to potential clients. The prestigious postcode has a thriving business community, and therefore attracts many fintech startups. 
 
Bank is also popular among graduates, meaning it has an attractive pool of fresh talent to help expand growing businesses.

What companies have offices in Bank?

It likely comes as no surprise that Bank, one of London’s leading financial hubs, is home to several global firms and institutions in the finance industry. 
 
Over 500 international banks have chosen to base their businesses in Bank office space, as well as renowned insurance and financial institutions. This includes corporations like Ernst and Young, Aviva, Lloyds, BT, and the AIM stock market, just to name a few.
 
Beyond these well-established businesses, Bank is also a magnet for emerging startups, particularly in the fintech sector. 

What types of commercial real estate are available in Bank?

As a thriving business hub, Bank offers a wide variety of commercial properties that cater to the diverse needs of businesses. These include modern office buildings with state-of-the-art facilities, historic buildings with character and charm, as well as purpose-built skyscrapers housing global corporations. 
 
There are also a range of shared offices, or co-working spaces in Bank, ideal for startups and smaller businesses looking for more flexibility. 

Is Bank considered a family friendly location?

Bank is primarily known as a business hub rather than an overly residential area. It is characterised by its commercial buildings, offices and financial institutions – and as such the residential properties within the area tend to be on the high-end, luxury scale of accommodation. 
 
Instead many of the working crowd in Bank tend to reside in more family-oriented neighbourhoods just outside of the City, where there tend to be more green-spaces, schools and family-friendly amenities. Luckily, the excellent transport links in Bank mean that commuting to and from the area is easy.

How much does office space in Bank cost?

Like any area in London, the expense of office quarters in the Bank district hinges on the dimensions, locale, and caliber of outfitting for each particular space. Fortunately, our office relocation consultants can assist you in ascertaining the appropriate size and location of your new Bank office quarters that aligns with both your financial plan and your business’s requirements.
 
Offices in Bank with a more rudimentary fit out can serve as a great point of entry for smaller businesses – these can be priced as low as £35 per square foot. A comparable office in a more coveted part of Bank could cost between £50 and £70 per square foot. At the premium end, offices with high-specification outfittings and ample amenities can range from £80 to £95 per square foot.

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