An area of regeneration and growth – it’s an exciting time to be in East London. So, what is the cost of renting an office space in East London?
|Location||Grade A||Grade B|
|E14 – Canary Wharf||£40 - £60||£25 - £35|
|E20 – Stratford||£35 - £48||£20 - £35|
Both Canary Wharf and Stratford have benefited from high levels of investment over the past few years. Stratford’s rise has been mainly due to the 2012 Olympics, which brought both monetary investment and awareness from across the globe. Now that the Olympics legacy has moved on, the area has been attracting office occupiers keen on limiting their exposure to rental levels seen in more central locations, whilst being able to offer staff all the amenities they would expect. This includes a mix of restaurants, one of the largest shopping centres in Europe and open space normally seen in a countryside business park.
Canary Wharf, whilst an established office location already, has seen further investment to improve both the retail and leisure facilities based there. This area has now become a destination in its own right, solidified by the 2022 Crossrail launch.
Get in touch with our team of expert London office rental agents for more information on property in the area.
East London is a buzzy and dynamic location to locate a business, known for its startup culture, as well as being home to several companies in the creative and tech sectors. If you’re a startup looking for office space, or an established business looking for a new location, view all available East London offices to rent in E14 Canary Wharf, and E20 Stratford.
East London is a large area of the city, covering seven boroughs: Barking and Dagenham – Hackney – Havering – Newham – Redbridge – Tower Hamlets – Waltham Forest
Local stations include Stratford and Hackney Wick. Journey times from Stratford station by tube (ref TFL).
Liverpool Street – 10 minutes
Bond Street – 22 minutes
London Bridge – 20 minutes
City Airport – 25 minutes (direct)
Stratford – 15 minutes
London Bridge – 14 minutes
City Airport – 15 minutes (direct)
London City Airport: 5 miles away in Newham
With an office in either Stratford or Canary Wharf, you will not struggle for things to do inside or outside work hours.
Canary Wharf has a varied mix of places for breakfast, lunch and dinner. From a cinnamon pastry at Ole and Steen to a bowl of Poke from Hawaiian specialists Island Poke, this area has you covered. There’s plenty places ideal to take clients, be it a casual lunch at Dishoom, or slick tapas at Iberica then Munch Cricket Club for late night partying.
Stratford continues to develop as a place to not only shop but also to eat, especially around the former Olympic Park. The area benefits from canal side eateries including The Breakfast Club to the wide variety of restaurants included within the Westfield Shopping Centre (Levi Roots’ Caribbean Smokehouse being our top choice).
HOW DO I FIND OFFICE SPACE TO RENT EAST LONDON?
In a location synonymous with business, we have helped many clients find their perfect office space in East London. Our expert knowledge of the commercial property market allows us to streamline a bespoke office search tailored to the needs and wants of your business. Whether you’re looking for serviced office space in Canary Wharf, or a long term office lease in Stratford, our team can help you find and design your ideal office space from start to finish.
Take the hassle out of relocating your office space, let us help you find your perfect East London office space – it’s what we do best after all.
Depending on specific location within East London, prices can vary from as little as £20/sq. ft up to £60 sq. ft. Prices are slightly lower in Stratford (E20), whereas a sought-after E14 Canary Wharf postcodes fetch the highest premium. An average specification office rental can be expected to be around £30-£35 per square foot.
East London has most of the common types of office space available, from fully serviced offices to barebones spaces and high-spec offices for both small startups and large businesses alike. While a web search may be useful to give an idea of the types of spaces available in East London, a more effective way can be to use an office space consultancy like Making Moves. We’ll help you find the a bespoke space that meets your business’ needs perfectly, whether that’s size, fit-out, location, or a very particular requirement your business has.
There are several types of office space available in East London, from startup spaces in Stratford, to entire building floors of offices in Canary Wharf. With a range of businesses making East London their home, there is a multitude of different fitouts, floor plans, sizes, and locations available. East London is home to many creative and tech companies, so high-spec ‘plug and play’ offices are plentiful, as well as several spaces in Canary Wharf suited to larger companies looking for both an impressive location as well as a ready-to-go working setup.
East London has great transport links making it a sensible choice for commuting from Greater London. It’s well served by the London Underground, as well as Overground and DLR stations, making for sensible commuting times from many areas of London. Most notably, the Elizabeth Line finally completed in 2022 now makes it possible to get from West London to East London in around an hour and extends the reach of the Underground to as far as Brentwood, Abbey Wood, and from as far West as Reading.
Tech City and Shoreditch remain thriving choices for creative and tech businesses, Canary Wharf is still London’s financial hub, and Stratford has proven to be a popular area for regeneration following the Olympics. Similarly, the Docklands area is seeing significant recent regeneration, and often touted as London’s next upcoming area, Hackney Wick is rising in popularity as a desirable office location.