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MORGAN PRYCE’S KNOWLEDGE CENTRE


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Shoreditch

Shoreditch

Shoreditch

The vibrant district of Shoreditch is located in London’s historic East End, nestled between the imposing towers of Liverpool Street and The City.

Characterised by an eclectic mix of vintage shops, achingly cool bars, its historical market, high end fashion, cheap trendy cafes and Michelin starred restaurants, Shoreditch has become increasingly popular with cool media companies, attracted by its edgy image and relatively cheap rents. The area is home to organisations such as Mother, WPP and Mind Candy, and after work, the streets and bars are filled with City workers and revellers from across London.

Office space in Shoreditch is as varied and eclectic as its tenants, and includes the former warehouse-style spaces popular with trendy media companies, loft offices, and flexible office spaces. Additionally, there are some interesting larger buildings such as The Tea Building and Zetland House to choose from.

Morgan Pryce still considers Shoreditch offices to be some of the best value spaces available in London, and with the Techcity – Silicon Roundabout movement gathering pace, Shoreditch is becoming an increasingly popular location. Indeed, high profile lets by companies such as Google will undoubtedly see the area become even more desirable in the near future.

Shoreditch office rents start from £45.00 and can reach as high as £60.00 per square foot for the trendier buildings, with business rates ranging from £17.00 to £21.00 per square foot. Taking service charges into account, an all-in cost for Shoreditch offices can be estimated at £70.50 to £97.00 per square foot.

Shoreditch is flanked by four stations – Shoreditch High Street, Old Street, Hoxton and Liverpool Street – which service the London Overground, National Rail services and the Northern, Circle, Central, Metropolitan and Hammersmith & City Underground lines. While the Farringdon Crossrail station is due for completion in 2018, and will create additional access to the area, establishing it as an accessible, desirable location.

The area is in Zone 1 and an annual travelcard costs £1,284.

View offices in Shoreditch


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