Bloomsbury is renowned for its literary history and rich green parks that provide a haven from the hustle and bustle of Central London. Originally developed in Georgian times, the area is home to The British Museum as well as numerous colleges and universities such as the University of London, University College, and many other knowledge institutions for Medicine, Art, Engineering, Architecture and Law. All these serve to lend the area a somewhat quiet, studious atmosphere, that makes it a popular location with government departments, financial services, and of course its famous publishing houses.
Bloomsbury has an abundance of beautiful public squares, including Bloomsbury Square, Russell Square and Bedford Square, flanked by desirable modern office buildings and stunning Georgian and Victorian properties which have been expertly converted to provide historical but practical office spaces.
Bloomsbury provides a less expensive office location to neighbouring Fitzrovia and is popular with companies requiring easy access to both the West End and The City.
Bloomsbury office rents start from £47.50 and can reach as high as £60.00 per square foot for the most prestigious addresses, with business rates ranging from £18.00 to £23.00 per square foot. Taking service charges into account, an all-in cost per square foot for Bloomsbury offices can be estimated at £74.00 to £99.00 per square foot.
The area also has strong transport links, with Russell Square, Holborn, Tottenham Court Road and Goodge Street/Warren Street Underground stations to the south and west, and Euston/King’s Cross mainline stations to the north/north east.
Morgan Pryce is a commercial property agency working exclusively with tenants looking to find the right London office space for their business. We never work for landlords, so our business focuses on finding the best solutions for you, not the owners of the building.
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