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Should growing businesses think about offices in London Bridge?

17th October 2012

Should growing businesses think about offices in London Bridge?

Morgan Pryce, the London commercial property agent, believes that offices in London Bridge have a lot of potential, and should be considered by the owners of developing businesses who are looking for premises in London. Many new companies may feel obliged to immediately jump into the City or the West End without acknowledging what London Bridge offices have to offer. 

An expanding company, Optimisa Research recently moved into an office in London Bridge, on Southwark Street. It found that the area benefits hugely from its proximity to stations at Waterloo, Southwark and London Bridge, and also provides the company with the space to expand even further. 

“One must also take into account that offices in London Bridge tend to cost less than those in the City and the West End,” says Sally Brough, Associate Director at Morgan Pryce, “Prime rents in the City and the West End can exceed £55 per square foot whereas prime London Bridge rents are in a bracket around £37 per square foot.”

For a new and expanding company, London Bridge has great potential as an exciting location: an ambitious business can establish itself in London, choose from a diverse range of offices, and take advantage of the lively area, surrounded by bars, restaurants and fun events.

Morgan Pryce is a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants. 

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