Affordable London Office Spaces on the Elizabeth Line

You don’t have to be an Elizabeth Line mega fan to enjoy the benefits of London’s newly built, 73-mile railway line. Running as far west as Reading and Heathrow and as far east as Shenfield in Essex, the purple line is a significant addition to the capital’s rail network, bringing an extra 1.5 million people within 45 minutes of London.

May 2023 marks the one year anniversary of the Elizabeth line, or Crossrail as the construction project was previously called, and TFL is reporting the line has transported more than 100 million passengers in its first year. Some reports have also noted significant increases in office attendance across the Elizabeth Line, as many commuters are now more conveniently located for jobs in the capital. And business owners can now seriously consider typically premium office space in Paddington, Marylebone, Canary Wharf and other previously hard-to-reach locations.

The arrival of the Elizabeth Line has sent office rents soaring in areas along the line, but the good news is that there are still some great deals to be had on office space. And given their proximity to this state-of-the-art new transport link, they’ll also help you attract top talent and impress your clients.

Why Move Your Office Along The Elizabeth Line?

Its excellent public transport links make London one of the best-connected cities in Europe. But even in such an easy city to travel around, location is still everything. With competition for skilled workers so high, the ability to travel to work quickly can make a big difference to your appeal as an employer.

In central London, the line runs through many important business hubs such as Paddington, Farringdon and Liverpool Street, slashing commuting times as it goes. For example, the travel time between Canary Wharf and Liverpool Street has been slashed from 21 minutes to just six minutes, while the journey from Bond Street to Paddington now takes just three minutes.

The trains on the Elizabeth Line are also longer than others on the underground, hopefully alleviating that familiar rush hour squash, and they also free onboard Wi-Fi to make the process of travelling to and from work all the more attractive. Research shows that a good commute can have a positive effect on the wellbeing of your workers, and if employees find their journey more enjoyable, there should be a knock-on effect for your business.

Office Spaces in Paddington

Paddington is an ideal West London office location for anyone looking to expand, downsize or find their first business location. Situated in the borough of Westminster, Paddington is home to clusters of cutting-edge businesses, with developments such as Merchant Square providing some of the most sought-after office space in the capital.

Read our guide to office space in Paddington.

One Kingdom Street, Paddington Basin, W2 6DB

From £556pp/m, you can treat you and your team to a private office in the up-and-coming Paddington Basin, on the fourth floor of an attractive building that’s just a short walk from Paddington Station. Warwick Avenue and Royal Oak underground stations are also just 0.3 miles away.

One Kingdom Street itself offers an excellent array of facilities, with business-grade internet, on-site parking, 24/7 access, breakout and communal spaces, and meeting rooms with video conferencing facilities as standard.

19 Eastbourne Terrace, Paddington, W2 6LG

With hot desks and fixed and private offices to choose from, Eastbourne Terrace offers affordable office space in Paddington for every business type. Designed and built by Brunel, this historic Grade I listed property delivers the wow factor in droves, with period features such as brick vaulted ceilings, arches and ceiling columns to impress clients and new hires.

There’s also plenty of natural light as well as meeting and event spaces, spacious kitchens and breakout areas on every floor. Throw excellent transport links into the mix — it’s just a two-minute walk to Paddington Station and 0.4 miles from Lancaster Gate and Edgware Road Underground stations — and you have everything a modern business needs to thrive.

Office Spaces in Marylebone

Marylebone is known for its medical district, particularly Harley Street, and is a highly desirable area for business owners due to its centralised position, its excellent transport links and the many Georgian and Victorian-style properties with prestigious addresses. The central railway terminal at Marylebone Station provides links to the rest of London and other major cities, while the short walk to Paddington Station provides quick access to the new Elizabeth Line.

Read our guide to office space in Marylebone.

Winchester House, 259-269 Old Marylebone Road, NW1 5RA

These well-equipped offices near Paddington and Marylebone Station offer private spaces ranging from 100 to 2,000 sq ft for just £300pp/m. All Winchester House offices are fully furnished and provide access to a large breakout area, two meeting rooms, free bike storage and a beautiful outside terrace.

Restaurants, galleries, hotels and Little Venice are all just a short stroll away, and it's just 0.2 and 0.3 miles to Edgware Road Underground station and Marylebone Station respectively.

22 Portman Close, W1H 6BS

This flexible and welcoming office space in Marylebone is located just off Portman Square and offers private offices from £370pp/m. Arranged over four floors, the offices include a dedicated reception area, air conditioning, 24/7 access, a fully equipped kitchen, daily cleaning and beautifully finished breakout spaces.

22 Portman Close is just an eight and ten-minute walk from Bond Street and Marble Arch underground stations, giving you a convenient central location with excellent transport links. 

Office Spaces in Canary Wharf

Once a derelict industrial estate in West India Quay on the Isle of Dogs, Canary Wharf is now home to London’s second biggest financial district. It attracts commuters from all over London, the Home Counties and Europe, with the Elizabeth Line making it quicker and easier to travel to and from the office. It also benefits from numerous rail links, including the Docklands Light Railway (DLR), a ferry service from Canary Wharf Pier and City Airport.

Read our guide to office space in Canary Wharf.

5 Harbour Exchange, E14 9GE

With picturesque views across London Docklands, this attractive and contemporary office space is bathed in natural light and provides many of the wellbeing benefits today’s commuters look for. As well as a prime E14 Docklands address, 5 Harbour Exchange offers fully-furnished private offices starting at £500pp/m, fully stocked kitchens, a large roof terrace, meeting rooms with AV equipment, fast internet and a full team to help you move in and support you thereafter. It’s also just a five-minute walk from South Quay and Crossharbour DLR stations, with Canary Wharf Station and the Elizabeth Line just 0.4 miles away.

1 Canada Square E14, 5DY

You’ll be hard pushed to find a more prestigious address in Canary Wharf’s financial district, with this sleek skyscraper rising as high as your ambitions. From just £650pp/m, you can get a private office with panoramic views over the city and surrounded by the headquarters of international banks.

Ideal for financial service-based businesses, 1 Canada Square features stylish meeting rooms with video conference facilities, breakout areas, high-speed internet, event space, 24/7 access and an imposing marble reception area. It’s just 0.1 miles to Canary Wharf Station and the same distance to Heron Quays and West India Quay DLR stations.

Office Spaces in Whitechapel

Whitechapel is one of those rare locations that has something for everyone. It’s within walking distance of the City, shares some of the creative DNA with nearby Shoreditch, is home to plenty of excellent bars and restaurants and has architectural and historical hotspots to boot. That makes it the epitome of the 15-minute neighbourhood and somewhere that has everything you need to tempt the best talent back to the office.

Read our guide to office space in Aldgate and Whitechapel.

East London Works, 75 Whitechapel Road, E1 1DU

This multifunctional studio is just minutes from East London’s Brick Lane and features some of the most keenly priced office space in Whitechapel and across the city. The private offices in East London Works include award-winning internet connectivity, air conditioning, 24/7 access, a shared kitchen, bike storage and shower facilities on site, and are available from just £155pp/m. It’s also just 0.3 miles from Aldgate East Underground station and 0.4 miles from the new Elizabeth Line.

Metal Box Factory, 30 Great Guildford Street, SE1 0HS

This stylish and contemporary redevelopment in the heart of Southwark is surrounded by fintech start-ups and software agencies. The high-tech studio spaces start at £260pp/m and feature excellent internet connectivity, bookable meeting rooms, co-working space and even an on-site independent café and games room. The Metal Box Factory is also just a ten-minute walk from Borough and Southwark underground stations.

107-111 Fleet Street, EC4A 2AB

This historic Whitechapel office space on iconic Fleet Street features six storeys of furnished offices and one of the oldest working lifts in London (it’s also film-worthy, having appeared in the Bond film Diamonds are Forever). From £273pp/m, you can secure a private office that benefits from newly refurbished meeting rooms, breakout areas, shower facilities, kitchens on every floor and views over St Paul’s Cathedral.

107-111 Fleet Street is 0.1 miles from City Thameslink station and 0.3 miles from St Paul’s underground station.

How to Find Affordable Office Space on the Elizabeth Line

If these budget-friendly offices on the Elizabeth Line don’t tick all your boxes, we‘ll find you a space that does. We can manage your search from beginning to end and provide personalised assistance to help you find the right fit. We even attend viewings with you and negotiate the best deal on your behalf and, best of all, our service is completely free. Just get in touch to start your search.

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