Famous for its marmalade sandwich eating bear, Paddington office space offers so much more than its excellent transport facilities.
So, what is the cost of renting an office space in Paddington?
|Location||Grade A||Grade B|
|W2 – Paddington||£55 - £78||£40 - £55|
Located in West London, within the City of Westminster, Paddington is most well known for being the site of one of London’s largest terminals, Paddington Station as well as the beloved bear named after it. The area has a blend of elegant Georgian architecture and modern buildings, having benefited from major redevelopment investments to help grow the business community. Paddington sits between Hyde Park, and Little Venice Canal, making it a charming place to both live and work.
The area attracts a diverse range of businesses, with global brands such as Virgin, Nissan, Microsoft, and Visa all choosing to rent office space in Paddington. Whether you’re looking to relocate, or you’re only just starting up, Paddington’s central location, excellent transport links, and thriving business community make it a great place to network, connect with clients and attract new talent.
Get in touch with our team of expert London office rental agents for more information on property in the area.
Being one of London’s key transport hubs makes Paddington W2 postcodes a popular choice for office space, regardless of size and specification.
However, if you decide that renting an office space in Paddington isn’t right for you, consider the nearby areas of Kensington and Chelsea (to the east), Hammersmith and Fulham (to the north), Camden (to the northeast, above Regent’s Canal), or City of London (to the southeast).
Paddington is a commuter’s paradise due to the well-connected Paddington Station that runs services to West England as well as an express service to Heathrow Airport. Paddington’s underground is similarly well-connected, serving the Bakerloo, Circle, District and Hammersmith & City lines.
As well as being one of the most convenient Underground terminals, Paddington also has many busy routes running through the area including the 24-hour N7 between Paddington and East Croydon. The area also has many Santander Cycle docking stations, and black cabs can be found almost anywhere near Paddington Station for private hire.
Journey times from Paddington by tube:
With a great mix of culture, cuisine and entertainment, renting an office space in Paddington has a lot to offer staff outside of working hours.
Hyde Park and Kensington Gardens are only minutes away and provide a peaceful backdrop to enjoy your marmalade sandwiches. Alternatively, if you’re enjoying a stroll down Regent’s Canal, make sure to stop at the Waterside Café for a bite to eat. Street food markets are also very popular with the working crowd – try Kerb at Paddington Central for some mouth-wateringly good grub, or Merchant Square Street Food Market. The regeneration of Paddington’s basin has brought new eateries, a floating park, and a huge seasonal pop-up restaurant, Pergola Paddington, perfect for a few post-work drinks or entertaining clients.
HOW DO I FIND OFFICE SPACE TO RENT IN PADDINGTON?
Office space in Paddington may be highly sought after, but our expert team have the experience, knowledge and buying power to help you secure your dream Paddington (W2) office space today.
Start by browsing our current listings or create a bespoke search tailored to your specific business. Moving offices can be a lot of work, from building surveys to dilapidations, but here at Making Moves, we support you throughout the whole process – even project managing your office fit out for you. Get in touch to start your search today!
The Paddington area benefits from being one of London’s central hubs, making it very convenient for business travel, commuting, and access to nearby amenities. Couple this with an abundance of office space, and setting up a business in Paddington makes a lot of sense. Whether you’re a small business just starting out and looking for office space, or an established company looking to relocate, Paddington offers a lot of positives for a lot of businesses. With startup businesses growing their reputations alongside multinational companies, there’ll be ample opportunity to meet like-minded business owners and make meaningful connections, whatever your role or size of business.
Paddington is a major business district in London and as such is home to many significant businesses from around the world. Marks & Spencer has its headquarters in Paddington on North Wharf Road, as does Vodafone just across the canal on Kingdom Street. The European arm of Visa is based in Paddington, as are Prudential, Kingfisher plc (Screwfix and B&Q, among others), and Network Rail. With large businesses nearby, networking opportunities and events are plentiful, but there is also a thriving scene for smaller businesses and startups/scaleups to operate within the area. The area has micro-hubs of telecoms, energy, advertising, data and many more so whatever your line of work, you’ll be in good company with an office space in Paddington.
The cost of renting an office space in Paddington depends on a number of factors including size, fit-out specification, and proximity to Paddington station. For a basic office space suitable for sole traders up to small teams looking for a barebones space, office spaces can be sought from around £30 per square foot. For those looking for a higher specification space, perhaps over multiple floors and ‘with all the mod-cons’ costs could be from £75 per square foot (and upwards, depending on your needs).
Paddington has seen a great deal of investment into the area, given its status as a major transport hub, making office space both abundant and frequently available.
For businesses looking for a basic space, with a relatively low-specification, there are office spaces in shared buildings on the likes of Baker Street making a still-desirable address feasible for those with a modest budget. For higher-quality office space, take a look at buildings like The Brunel on North Wharf Road, or 40-50 Eastbourne Terrace, both of which have quality meeting spaces and recently refurbished office spaces.
For those seeking luxurious, ultra-modern office space, several options are available from those on Kingdom Street and Eastbourne Terrace, to the iconic offices on Merchant Square. Prices for these can exceed £100 per sq. ft. depending on your needs and some of the very high specification offices spaces in this development. Whatever you’re looking for our team can help with your Paddington office space fit out needs and exacting requirements, just get in touch for advice.
The Paddington area has a few different options for fitness classes, with low-cost options like The Gym, which has a site on the busy canal, to more boutique options like GRNDHOUSE or RETRA both of which offer a range of strength, cardio, and frequent fitness classes.
Being so close to Paddington station makes them highly accessible from anywhere in London. With around fifteen gyms and fitness centres within just a five-minute walk of Paddington, staying on top of your fitness while working in the area should be simple.