Waterloo Office Space Guide
Working in Waterloo
Following vast regeneration across the area and it’s close proximity to the City of London, Waterloo has quickly become a popular place to live and work transforming London Bridge and Waterloo into key business hubs for London. London Bridge benefits from stunning views over the Thames, Southbank enjoys the creative hub of Tate Modern and Waterloo boasts fantastic restaurants and fitness facilities for employees. All offices in Waterloo are conveniently located near the city and supported by strong transport links that help boost trade. The Waterloo postcode is continuing to grow in prestige and diversity with office space available for businesses of all sizes and all industries.
Average price ranges for Waterloo offices
For start-ups and established businesses looking for larger premises, below is an indication of the prices you’d expect to pay for an office in Waterloo.
|
Average Price |
Hot Desk |
£250-£350 |
Private Desk |
£350 - £550 |
Private Office |
£350-£850 |
*Guide price per person per month, excl. vat.
Price comparison for neighbouring areas
The comparison prices below show you how much you could be paying for renting an office in a nearby district:
|
Hot Desk |
Fixed Desk |
Private Office |
City of London |
£200 - £300 |
£325 - £550 |
£400-£1,000 |
Old Street |
£150-£300 |
£250-£450 |
£350-£750 |
Vauxhall |
£200-£300 |
£250-£350 |
£350-£700 |
Westminster |
£250-£350 |
£350-£450 |
£500-£700 |
Covent Garden |
£200-£280 |
£300-£450 |
£500-£850 |
*Guide price per person per month, excl. vat.
Offices to Rent in Waterloo
Waterloo is home to a variety of industries, including Media, Recruitment, Finance, Property, Consultancy and Tech businesses. Modern office buildings have sprung up across Waterloo following recent development in the area, complementing the more traditional office stock, with beautiful period buildings full of original features and oozing character, ideal for start-ups, SME’s and large corporate organisations. The Shard remains the centrepiece for office space in Waterloo, as well as modern architecture and is situated on the banks of the Thames, next to London Bridge station and boasts the clearest view of London anywhere in the capital and a host of premium serviced office spaces available to rent.
The creation of the Waterloo Quarter has seen the region become an attractive proposition for businesses looking for refurbished older office buildings. A multitude of serviced office space is available across Waterloo, with a diverse portfolio to choose from, catering to businesses seeking both corporate or creative office space in Southwark, London Bridge or Waterloo.
Serviced offices provide a range of amenities including IT, security and administrative support and can prove to be a more cost-effective option for smaller companies in the long run. The price per workstation can be quite broad, depending on the additional features, location and size of requirements. For established businesses and growing SME’s, the premium office spaces in Waterloo enable firms to transit into the new area quickly and effectively.
What type of businesses set-up in Waterloo?
The Waterloo area is a diverse hotspot with companies of all industries and all sizes thriving in the business hub. There is a growing number of media organisations establishing themselves in Waterloo, alongside recruitment, security and IT companies, amongst others.
Some of the largest companies currently located in Waterloo include:
- Financial Times
- News Corp
- IBM
- Al Jazeera Media Network
- Kraft Heinz
Facilities in Waterloo
Waterloo is a fantastic area for office space with an abundance of places to entertain clients and keep employees happy outside of working hours.
Where can we have a business lunch?
London Bridge offers one of the best selection of restaurants in the capital, making it perfect for business owners who want to host client lunches.
Tom Simmons London Bridge uses locally sourced ingredients to cook up sensational French and British dishes, all with a Welsh infusion. Wright Brothers in Borough Market is one of the most respected seafood restaurants in London, with an unbeatable selection available every day. Vegans and vegetarians can head across to Tibits, while Union Viet brings the very best of Vietnamese cuisine to the capital.
Where can we network with local businesses?
After settling into a new area, you will want to find out about local business opportunities. There is no shortage of networking events in Waterloo, allowing newcomers to quickly find new contacts and ways of introducing their services to others in and around the district.
Team London Bridge is a good place to start. They serve as a central hub for all businesses in the area, organising events and providing crucial commercial information. The Southwark Chamber of Commerce runs regular networking meetings, and Urbano Network brings together business owners every week.
Where can my employees be healthy?
There are plenty of gyms for employees to choose from in the Waterloo area. Fitness4Less are well established, The Bankside Health Club is ideal for early morning or after work fitness sessions, and Energie Fitness Borough has everything they’ll need under one roof to keep in great shape.
The Bridge offers free, women-only classes that cover Zumba, yoga and strength building classes. Tokei Martial Arts and Fitness Centre provices martial arts classes and general exercise sessions, while CrossFit Central London will work out muscles your employees didn’t even know they had.
Where can my employees have fun?
With so much change happening in Waterloo over the past few years, this has also led to an increase in the entertainment available to nearby workers. Great places to eat include Italian restaurant ‘O ver, the traditional British cuisine of Hixter Bankside, and Caravan is a café renowned for its gorgeous brunches.
Bankside Gallery is one of the London’ best-kept art secrets, focussing on beautiful water-based works. You can spend hours at a time wandering through Borough Market and its never-ending selection of fresh British and International produce. The Africa Centre also hosts a range of diverse cultural events throughout the year to entertain the curious of mind.
History of Waterloo
The borough of Southwark is found just south of the River Thames and is one of the oldest in London, a popular area of the city for both residents and visitors, sitting nearby to Waterloo. Everything from old monarchs to Shakespeare and beyond have embedded themselves into every part of the district, which makes a source of continued fascination for visitors arriving in London.
There have been several bridges called London Bridge throughout the city’s history, with the current one open to traffic since the early 70s. Waterloo was given its name in honour of the famous battle which saw the defeat of Napoleon in 1815.
Waterloo Transport
Working in London Bridge and Waterloo provides some of the best transport connections anywhere in the capital. National Rail runs services that either connect or travel directly to, residential locations in and around London. The Northern Line from both stations provides routes to and from north and south of the capital, while the Jubilee Line connects east to west.
Travelling to Heathrow from Waterloo is quite straightforward, with travellers needing to set aside about an hour’s worth of travel time. Gatwick is a little further away, with a journey of 90 minutes required to reach the airport. It only takes 30 minutes to arrive at St Pancras International, and the same amount of time to travel to and from Stratford International.
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