Looking for office space in the Market Building, Covent Garden? Fraser Bond explains the availability of offices within and around the Market Building estate, the types of workspace on offer, rental costs, and why Covent Garden remains one of London's most desirable business locations.
Is There Office Space in the Market Building?
The historic Market Building at Covent Garden is primarily dedicated to retail, restaurants, cafés, and leisure uses. Traditional office accommodation within the Market Building itself is extremely limited, with the estate focusing on customer-facing commercial occupiers rather than conventional office tenants.
However, there is a wide selection of premium office space immediately surrounding the Market Building, offering businesses the prestige of a Covent Garden address while being only a short walk from the Piazza.
Fraser Bond helps businesses identify office opportunities throughout Covent Garden and the wider West End.
Office Options Near the Market Building
Businesses can choose from several workspace formats, including:
Serviced offices
Managed offices
Fully fitted private offices
Flexible licence agreements
Traditional leasehold offices
Boutique office suites
Creative studio space
Enterprise headquarters
Many offices are available fully furnished with immediate occupation possible.
Popular Office Buildings
Well-known office locations close to the Market Building include:
7–9 Henrietta Street – Boutique serviced offices overlooking the Piazza with furnished private suites.
The Market Exchange, Covent Garden – Newly fitted office accommodation with approximately 32 workstations, meeting rooms, collaboration space, and modern workplace facilities.
Spaces Covent Garden – Flexible private offices and coworking space on St Martin's Lane, within easy walking distance of the Piazza.
Offices on Tavistock Street, Floral Street, Bedford Street, and the Strand offering serviced and managed workspace solutions.
Typical Rental Costs
Office costs vary depending on the specification, lease structure, and office size.
Typical pricing includes:
Hot desks from approximately £400–£600 per person per month
Private serviced offices from around £700 per desk per month
Boutique office suites from approximately £1,500–£3,500 per month
Larger managed offices quoted according to floor area and specification
Conventional leasehold offices generally priced on a per square foot basis.
Why Businesses Choose Covent Garden
Covent Garden continues to attract businesses because of its:
Prestigious West End address
Excellent transport links
International profile
Premium restaurants and cafés
Luxury retail environment
Creative business community
Strong client appeal
Flexible office market
The area is particularly popular with creative agencies, media businesses, legal firms, technology companies, fashion brands, consultants, and international businesses.
What to Consider Before Leasing
Before signing an office lease, businesses should review:
Lease length
Break clauses
Service charges
Business rates
Fit-out specification
Furniture included
Internet connectivity
Meeting room access
Expansion opportunities
Sustainability credentials
Building security
A professional property adviser can help negotiate favourable lease terms and identify the most suitable workspace.
Fraser Bond's Commercial Property Services
Fraser Bond provides specialist commercial property services across London, including:
Office Leasing
Serviced Office Search
Managed Office Consultancy
Commercial Property Acquisition
Office Relocation
Lease Negotiation
Commercial Property Management
Investment Advisory
Development Consultancy
Portfolio Management
Our experienced consultants help occupiers secure office space that supports business growth while maximising value.
If you are interested in opportunities in commercial property, office leasing, property management, estate agency, investment advisory, customer service, administration, marketing, technology, or business development, Fraser Bond welcomes applications. Please send your CV to jobs@fraserbond.com.
Why Choose Fraser Bond?
Fraser Bond is a trusted UK commercial property consultancy supporting occupiers, landlords, investors, and developers across London. Whether you require a boutique serviced office, a fully fitted headquarters, or flexible workspace close to the Market Building in Covent Garden, our team provides expert advice tailored to your business requirements.
Contact Fraser Bond today to discuss office space near the Market Building, Covent Garden, and explore premium commercial property opportunities across London's West End.
