Located on London’s South Bank, Waterloo provides a haven away from the bustling atmosphere of North London’s business districts – but its excellent transport links mean it is easily accessible from all regions of the city, and beyond.
Part of the Waterloo Quarter business improvement district, the area is undergoing significant redevelopment that aims to attract more visitors and bring in more business, without damaging its distinctive atmosphere. Waterloo boasts an array of culture and entertainment opportunities, including the Saatchi and Tate galleries, the Young Vic and Old Vic theatres, plenty of pubs and restaurants, and of course, the world-famous London Eye, which offers incredible panoramic views over this vibrant city.
Much of the office space in the area is predominantly 1960s and 1970s style buildings, and expertly renovated period properties – with some dating from as far back as the 1800s. Thanks to the ongoing revitalisation of the South Bank, lots of contemporary spaces are also becoming available, and office space in Waterloo tends to be larger floor plates, ideal for companies looking for big, cost-effective space.
Rents start from £47.50 and can reach as high as £67.50 per square foot for the more impressive buildings, with business rates ranging from £18.00 to £22.00 per square foot. Taking services charges into account, an all-in cost can be estimated at £74.00 to £105.50 per square foot.
Of course, Waterloo is home to the famous railway station of the same name, which provides excellent transport links to all corners of the city, as well as connections to suburban destinations and the rest of the country, making this a fantastic location for organisations with employees who commute in from outside London.
The area also boasts a tube station, which is the busiest in the country, and provides connections to the Bakerloo, Jubilee, Northern, and Waterloo and City Lines.
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.
We provide the best advice, planning and consultancy at every part of the process, whether you are buying or renting an office space, or renegotiating your existing lease. Our team of experts will steer you through the process, providing honest and timely advice. Our specialists have access to every single building available to rent or buy in the London and Greater London area and our information is updated every hour, every day, all year round.