Shard Surrounded by Cost Conscious Businesses
New data from LondonOffices.com proves that despite The Shard being home to some of the most expensive office space in the UK, the surrounding area of Southwark is a haven for cost effective office rentals.
A report by LondonOffices.com, an independent search service for businesses seeking premium serviced offices in London, claims that economic office space is most popular in Southwark and London Bridge, despite the presence of The Shard.
The headline grabbing skyscraper is home to some of the most expensive office space available in the UK, but the area surrounding it is a haven for smaller businesses looking for cost effective serviced offices in London.
New data from LondonOffices.com claims that the average cost of serviced office space in Southwark and London Bridge is currently £386 per desk per month. A year ago the average price of serviced office space in this part of Central London was recorded at £540.
This represents a steep 29% decline in the cost of Southwark serviced offices; one that suggests that the businesses moving into the area during 2013 have been securing more affordable, economically priced serviced office space, in the shadow of The Shard.
The data collected also suggests that these businesses are smaller than their 2012 counterparts. Organisations taking serviced office space in Southwark during 2013 have secured 4 desks on average, per licensing agreement. This is 3 desks less than the average of 7 secured in 2012.
LondonOffices.com provides serviced office space in some of Londonís most exclusive and desirable business hubs. Each of the stylish and bespoke commercial properties available to rent has been handpicked to ensure that only premium sites are featured within their exciting portfolio.
Find out more about serviced offices in Southwark and London Bridge by visiting the official London Offices website today.
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