How to Choose the Perfect City of London Office Space for Your Business
As one of the longest established City of London property
specialists with a history dating back to the early 20th Century,
our team at Newton Perkins has become well-known for its knowledge and
expertise in EC3 office space acquisition, leasing, sales and investment.
If you have been considering relocating or setting up your
business in the City of London in the shadow of all its iconic landmarks such
as the Gherkin, then read on for our experts’ advice on what to think about
when choosing your perfect office space in this much sought-after location.
It is no secret that car parking with the City of London is
renowned for its challenging nature. There are limited facilities, and those
that are available can be highly priced. The Congestion Charge is also a
consideration for motorists in London.
For these reasons, many workers based in the City tend to
veer more towards the use of bicycles. In fact, we are often asked by companies
seeking office space around EC3 for proximity to cycle docking stations. The Santander Cycles
scheme allows commuters to hire a bike from as
little as £2. With no need to book in advance, it really is a truly flexible
way to travel around the Capital.
Office space within walking distance of the Tube is also a
popular request. Aldgate and Aldgate East; Bank; Monument; Mansion House; Tower
Hill and Cannon Street are all located within the City of London area. Also,
with Liverpool Street and Fenchurch Street nearby offering rail links to
further afield, you can quickly get out of the city.
International connections are also an important consideration.
If you run overseas offices, have clients visiting from outside the UK, or regularly
travel abroad for business, then you will be pleased to learn that London City
Airport is just a short Docklands Light Railway (DLR) or simple taxi ride away
from the City of London.
In addition, the Heathrow Express runs from Paddington every
30 minutes, taking just a quarter of an hour to get to the airport. The Gatwick
Express operates out of London Victoria taking just 30 minutes, and the
Stansted Express from Liverpool Street with a journey time of 47 minutes.
Think about your overseas connections and the airports that
will be important to you, then try to hone your office space location search to
the destinations that can save you travel time and costs.
Think: Image and Budget
Many businesses are image conscious, and it is indeed an
important consideration when choosing your premises. First impressions count
for everything, so when choosing your City of London office space, you’ll want
to think about how the surroundings come across to both prospective clients,
and potential employees.
It may be that, if you are a fledgling business, you don’t
have the budget for premises that will create that lasting first impression.
Perhaps for what you can afford there are no meeting room facilities, or the
reception area isn’t quite what you wanted. Worry not; there are ways of
applying creative thinking so that you can get by until such times as you are
in a position to upgrade. For example, providing the exterior of your office
space is appealing, you could meet and greet your clients at your front door
and whisk them off for a meeting at one of the many City of London hotels or
cafés that abound in the area, such as the Club Quarters Hotel in St Paul’s which offers business facilities, or the Fora restaurant at Houndsditch
with its spacious layout and highly recommended Mediterranean cuisine.
If you are looking for all the features of a modern,
fully-equipped office without the high price tag, you may wish to consider
serviced office space in the City of London. There are plenty of options open
to you around the EC3 area, most offering a range of advantages such as 24/7
security, a manned reception, call handling, meeting rooms and facilities
Wi-Fi, parking and much more. If you are looking for an easier route into
renting office space in the City, this could be the answer for you.
Seek City of London property advice
There are of course numerous options when it comes to
setting up your office in the City of London. Reading through this article was already a step towards finding the perfect space. Whether you are looking to rent
or make an acquisition, at Newton Perkins we are equipped with the knowledge
and expertise needed to help you make the decision that is best for you and
your business for the long term.
To discuss your individual office space needs with a member
of our helpful team, please get in touch.
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