Fraser Bond, London’s authoritative real estate consultancy and agency, delivers this guide for businesses, landlords, and investors seeking office space to let near Covent Garden Market, WC2. With prestige, connectivity, and prime West End exposure, Covent Garden remains a top location for office occupiers — but costs, specifications, and lease terms matter greatly.
Here are recent or active office spaces near Covent Garden Market, with size, location, and indicative cost metrics:
| Location / Address | Approx Size / Specs | Indicative Rent or Rate |
|---|---|---|
| 60‑70 Shorts Gardens, WC2H 9AB | ~4,610 sq ft office‑floor, refurbished, great natural light, heritage character | ~£85 per sq ft excl. service charge |
| Neal Street, WC2H | ~867‑4,913 sq ft modern, bright workspace, character features, multiple floors available | From about £10,450 pcm for ~867 sq ft managed suites |
| PrimeLocation ‑ 1 Earlham Street, WC2H | ~1,150‑1,200 sq ft character‑rich offices, fully fitted | ~£9,383 pcm |
| Serviced Offices ‑ Broad Court / Tavistock Street, WC2B / WC2E | Various flexible / serviced offices 700‑1,750 sq ft; historic / period building back‑of‑market style | From ~£10,735 per month for ~1,050 sq ft |
These listings show a wide range of sizes (from small private suites to full floors), specification levels (from basic to CAT A / fitted), and cost per square foot in the premium West End envelope.
Understanding the drivers behind office rents in this area is essential for budgeting and negotiating. Key factors include:
Location & Visibility: Proximity to Covent Garden Market, premium streets like Neal Street, Short’s Gardens, Bedford Street or Bedford Street frontages typically command higher rents.
Building Specification: CAT A or CAT A+ finish, presence of amenities (reception, meeting rooms, business lounge, 24/7 access) significantly increase rent.
Heritage / Period Features: Many buildings are listed or in conservation zones; character features (high ceilings, sash windows, exposed brick) are premium but bring constraints.
Flexibility & Lease Terms: Serviced/flexible leases/managed offices cost more per sq ft but reduce up‑front capital commitment; fixed leases may require more tenant responsibility.
Operating Costs: Service charges, business rates, utilities, insurance, fit‑out, maintenance—all must be built into overall cost beyond headline rent.
Based on recent evidence:
Rents for high specification floors near Covent Garden tend to sit at £80‑£100+ per sq ft excl. service charge for well‑located, well‑finished spaces.
Smaller, basic offices or less visible units may start at £45‑£60 per sq ft in simpler / older buildings.
Serviced offices with inclusive costs (furniture, utilities, broadband) will have higher headline monthly rates, but part of total occupancy cost.
When you're evaluating an office let near Covent Garden Market, make sure to:
Check Lease Type – FRI leases, service leases, or serviced office licences. Know who's responsible for repairs, maintenance, insurance.
Clarify Break Clauses & Rent Reviews – 3‑5 year reviews are common, but flexibility or caps may be negotiable.
Review the Specification & Fit‑Out Requirements – IT capacity, air conditioning, floor load, light, ceiling height, accessibility, fire safety and heritage compliance.
Include All Costs – Base rent is only part: rates, service charges, cleaning, security, utilities, fit‑out and ongoing maintenance are substantial.
Transport & Amenities Access – Walking distance to underground (Covent Garden, Charing Cross, Leicester Square), restaurants, cafés, shops, cultural venues help both staff attraction and client access.
A prestigious address enhances brand perception and can justify premium rent or rates
The area combines retail, dining, culture, tourism — creating high footfall and vibrancy which supports staff and client attraction
Good connectivity to multiple tube lines, buses, convenient for both local and international businesses
Strong demand for flexible and serviced office space in central London ensures low vacancy in quality spaces
Fraser Bond provides full support for clients seeking office space near Covent Garden Market:
Curated shortlists of live office listings matching your size, budget, specification and location preferences via FraserBond.com
Detailed cost‑comparison and total occupancy modelling (rent + overheads + fit‑out)
Lease negotiation support, specification review, heritage/building compliance guidance
Assistance in managing serviced vs long lease decisions and advising on portfolio strategy if renting multiple spaces
To view available office spaces or arrange a private viewing in Covent Garden Market area, visit FraserBond.com now to access listings and expert advisory services.
