Fraser Bond, London’s property advisory specialists, provides this detailed guide for businesses, investors, and landlords exploring office space to let near Covent Garden Market, WC2 / Covent Garden area. If you’re seeking location, prestige, and flexible workspace in Central London, this guide introduces key opportunities and essentials for making an informed lease decision.
There is a wide selection of modern, heritage and serviced offices near Covent Garden Market, suitable for creative, professional and corporate occupiers. Key offerings include:
Flexible serviced or co‑working spaces with small suites (2‑10 desks), often fully furnished, in characters buildings.
Larger CAT A / CAT A+ office floors in period or new build blocks, with higher specification finishes, often suitable for teams of 20‑100+ staff.
Units in landmark or heritage façades with local character, good natural light, sometimes upper floors or basement‑included layouts.
Examples of available locations:
77 Endell Street, WC2H — ~1,970 sq ft, third floor, good natural light and period features.
20 Bedford Street, WC2E — ~650 sq ft private office, newly refurbished.
60‑70 Shorts Gardens, WC2H 9AB — large floor (~4,610 sq ft) refurbished heritage office; rents in this locale tend to be in the premium band.
The cost of office space to let near Covent Garden Market varies significantly depending on size, specification, frontage, and amenities. Key cost factors and general ranges:
| Factor | Impact on Rent or Cost |
|---|---|
| Quality of finish (CAT A+ vs basic finish) | Higher specification increases cost per sq ft materially. |
| Size of the space / floorplate | Smaller suites have higher per‑sq‑ft cost, larger floors benefit from scale. |
| Frontage, light, views | Better frontage or natural light demands premium; character / heritage building traits increase value. |
| Location relative to Covent Garden Market / stations | Walking proximity, ease of access, nearby amenities all push cost up. |
Typical rental rates:
Modest serviced suites: ~ £50‑£90 per sq ft per year for lower spec / small size.
Premium character or CAT A+ units: ~ £90‑£120+ per sq ft per year, depending on building and level.
When letting offices near Covent Garden Market, these are key terms & legal points to check:
Lease type: Full repairing & insuring (FRI) leases are common; serviced / managed leases or flexible licences also available.
Lease length: 5‑10 years typical, but shorter leases or licences may be possible for small spaces.
Break clauses and rent reviews: Usually included—every 3‑5 years rent review clauses with upward only adjustments are standard.
Fit‑out and building standards: Heritage / conservation overlay may limit external alterations; internal fit‑out cost needs factoring. Fire, accessibility, ventilation, and building services can be constrained.
Service charge & business rates: Significant in WC2; overheads can add a large margin to base rent. Utility, maintenance, insurance, and cleaning costs also matter.
Exceptional location for visibility, amenities, hospitality, and transport (Covent Garden Underground, Leicester Square, Charing Cross).
Mixed use environment: Retail, dining, culture, theatres, which helps attract clients and talent.
Heritage charm coupled with modern workspace demand in creative, tech, media sectors.
Competitive prestige: having an office address in Covent Garden Market area adds brand value.
Fraser Bond offers comprehensive support for anyone seeking office space near Covent Garden Market:
Access to off‑market and on‑market office listings tailored by size, specification, and budget.
Full negotiation support for lease terms, rent reviews, break options, and cost transparency.
Advisory on compliance (planning, heritage, building regulations), fit‑out cost estimation, and operational overheads.
Investor or occupier perspective – modelling rental return vs total occupancy cost; support for both tenants and landlords.
To view available office units near Covent Garden Market or to arrange a viewing with tailored advice, visit FraserBond.com now to start your search.
