Soho & Covent Garden
- Bustling neighbourhood
- Central location
- Great transport links
- Rent£87.50 /sq. ft.
- Business rates£35.00 /sq. ft.
- Service charge£10.00 /sq. ft.
- Per desk from£500.00
Soho’s office spaces and Covent Garden’s locations are hugely attractive propositions, not least because of the area’s world class reputation for entertainment.
Commercial property in Soho and, in particular, Covent Garden has a long and illustrious history of commercial occupiers, dating back to Roman market. That history is still visible through the characterful landmarks, though they are now matched in number by modern developments.
More than just media
Traditionally, offices in Soho and Covent Garden have been the domain of the media industry. But over the last decade, these businesses have been pushed out by increasing rents – driven by large and small financial occupiers leaving the even more expensive Mayfair district.
A fashion and food capital
Tourist icons such as Carnaby Street, Oxford Street, Regent Street and Covent Garden itself add a certain hustle and bustle. But still, the prevailing tone is one of creativity, thanks to its status as a destination for fashion.
With restaurants like Kiln, Temper and Bone Daddies adding adventurous flavours to culinary institutions like The Ivy and Quo Vadis, the food is exceptional here too.
A slow market
There is never enough new or newly refurbished office space in Soho and Covent Garden to meet demand. The good news is a number of new schemes completed recently, and there are more scheduled for the coming years.
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