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MORGAN PRYCE’S KNOWLEDGE CENTRE


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Mayfair

Mayfair

Mayfair

Mayfair is the most prestigious area in Central London for major corporations and blue chip organisations looking for office space. It boasts an illustrious commercial history, and is home to some of London’s best-known addresses, such as Curzon Street – former location of MI5, Savile Row, Park Lane, and Bond Street.

Offices in Mayfair are generally typical of London’s upmarket commercial spaces, and comprise a wide range of modern offices and period conversions, as well as a wealth of mid-grade office buildings for smaller businesses.

With its world-renowned reputation, it is unsurprising that Mayfair’s office spaces achieve the highest rental rates in Central London. Indeed, its famous squares (Berkeley Square, Grosvenor Square and Hanover Square) provide some of the most reputable addresses in the country, and command some of the highest commercial rents in the world.

Mayfair office rents start from £67.50 and can reach as high as £95.00 per square foot for the most iconic buildings, with business rates ranging from £35.00 to £55.00 per square foot. Taking service charges into account, an all-in cost for City offices can be estimated at £111.00 to £166.00 per square foot.

As you’d expect from such an iconic area, amenities and transport links are excellent. Located in the centre of London, within walking distance of the West End, Mayfair is reached by five tube stations: Bond Street, Green Park, Hyde Park Corner, Oxford Circus and Piccadilly, serviced by the Bakerloo, Central, Jubilee, Piccadilly and Victoria lines. From 2018, the new Elizabeth line on the long-awaited Crossrail development will stop at Bond Street, and trains to Heathrow will take just 29 minutes. Mayfair is in Zone 1, and an annual travelcard costs £1,296.

View offices in Mayfair


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