The riverside location of Borough is not only a foodie’s paradise, but a haven for office space.
So, what is the cost of renting an office space in Borough?
|Location||Grade A||Grade B|
|SE1 – London Bridge, Waterloo, Southwark||£20 - £40||£40 - £60|
Set in the South London borough of Southwark, just minutes from London Bridge station and tower bridge, Borough is one of the oldest parts of the city.
Steeped in history, Borough is most well-known as housing London’s oldest market, the iconic Borough Market, whose world-class produce attracts hordes of tourists and Londoners alike. Borough is lively (especially at lunchtimes), cosmopolitan and emulates a community feel.
Preceded by its foodie reputation, Borough is also a major business centre – with both national and international corporations, professional practices and publishers choosing to inhabit office space in Borough. Having gone through an advanced stage of regeneration, Borough is now the location of the City Hall offices of the Greater London Authority. Fronting the River Thames, with excellent transport links and business networks, both startups and businesses scaling up choose to rent office space in Borough.
Get in touch with our team of expert London office rental agents for more information on property in the area.
Borough is a lively and exciting area of the city, with a good breadth of amenities in the area, and a range of office spaces suitable for a diverse range of businesses.
During your search for commercial real estate in Borough, if you decide it isn’t quite right for you, there are neighbouring areas of London which might be more suitable. The City of London remains a powerhouse of London’s financial district, just across the river. Further afield and still to the north, Farringdon office space is a possibility, or try Westminster for east London office space, Tech City or Shoreditch.
Served by the Northern and Jubilee lines, local stations on include Borough, London Bridge and Elephant & Castle. There is also a half hourly river boat service that runs from London Bridge City Pier to Canary Wharf and Greenwich. Borough also provides easy access to London Bridge Station and Waterloo.
For those looking for healthier travelling options, the area is covered by the Santander cycle hire scheme, and the picturesque nature of Borough makes it pleasant to walk from point to point. Like most of the more bustling parts of London, the area is well covered by taxis.
Journey times from Borough by tube:
It goes without saying that Borough has great places to eat, but it also boasts world-famous museums, theatres, pubs and parks – with an office space in Borough you’ll certainly be spoiled for choice.
Borough Market is a feast for the senses, always busy, and with lots of choices from oysters to bao, to tapas and everything in between. Popular hotspots include Monmouth Coffee, for a lunchtime pick me up, and chic pasta place Padella for a more indulgent lunch, or Bao or Hawksmoor Borough for laid-back but brilliant. Once known for its medieval inns, Borough still has plenty of pubs and bars that are perfect for a post-work drink. Entertain clients at Shakespeare’s Globe Theatre, or wine and dine them in one of the many restaurants and bars within the Shard. To wind down, head to local Mint Street Park, Little Dorrit Park or make the most of the location with a walk along the river.
For team building, try Plonk Golf (plonk + golf…) or Immersive Gamebox for an unforgettable virtual reality experience. You’ll never get bored with an office space in Borough.
HOW DO I FIND OFFICE SPACE TO RENT IN BOROUGH?
Wanting to base your business in Borough? We can help you find the perfect Borough commercial property for you. Whether you’re a scaling startup, a major corporation, or anything in between – our friendly team have the market knowledge, experience, and buying power to help find and secure your dream office space in South London today. If you’re not quite sure what you’re looking for, don’t have the time to project manage your office fit out, or don’t know your dilapidations from your building surveys – our team are here to lend a hand every step of the way.
Borough exists as a busy and energetic area located in a convenient spot near the heart of the city of London. With strong transport connections, and a good footfall, it’s suitable for a wide range of businesses that occupy its significant office space. Whether you’ve got eyes on The Shard, or are a startup looking for some reasonably priced office space, it’s easy to see why Borough is a popular choice.
If your business is centered around one of London’s other clusters like tech or education, somewhere like Tech City or Kensington might be more suitable given the local business networks and connections that already exist in clusters such as those. But Borough carries a certain appeal, and with good amenities, strong public transport options, as well as being a picturesque part of the city, and a real ‘sleeves rolled up’ attitude, depending on your industry, Borough might be the perfect place to lease a commercial space.
If searching for office space in London seems overwhelming, contact one of our expert London office agents who know the city inside out and can help you get the best value for your budget as well as find the most suitable area for your business.
As with most areas of London, finding and securing parking in the Borough area can be difficult and expensive. With large areas pedestrianised, and lots of parking restrictions along busy commercial and residential streets, the best option is likely to be public transport. That said, parking can be found by the committed. The best option for finding parking is often to plan and book ahead. Parking on Great Suffolk Street, for example, can be as low as £7 for two hours, and some of the hotels in the area allow parking for non-residents. These are likely to cost more in the region of £16 or two hours – the ibis at Southwark offers such parking.
With lots of parking restrictions around the area, plan to spend significant time finding a space, or try and pre-plan and book parking ahead of time if driving in the Borough area.
The cost of leasing an office in Borough can vary widely depending on the exact street and postcode, but you can expect to pay from £20 per square foot for a bare bones office space, up to £85 per sq. ft. for a fully-kitted out, high specification office.
With small office spaces made for scrappy startups and sole traders sitting alongside skyscrapers like The Shard, Borough offers a mix of office spaces which will be suitable for businesses of many sizes.
Whether your business has a head count of 12 or 12,000, our experts can help you find a suitable space within your desired budget. If you’re not sure where to start or need professional advice on finding the perfect office space, contact our team of experts who would be happy to help.
While Borough doesn’t have as many gyms in its vicinity as some other areas of London, there are still a handful providing fitness options in the area. Many of these are value chains like PureGym on Long Lane, and Fitness4Less at Great Suffolk Street, Southwark. If you’re working in the Southwark area, spaces in these gyms might be competitive, and a gym closer to home might be a more viable option, but there are dedicated fitness classes for those who look – try 3Tribes Hot Yoga on Marshalsea Road, or The Fitting Rooms for personal training options.