How much are office rental costs in the UK? It’s a key consideration when working out business overheads and often is responsible for a large portion of a small business’s monthly outgoings. We took it upon ourselves to uncover the cost disparity of office spaces across the UK, ranking our findings from most to least expensive.
The most expensive rental space can be found in London, which should come as a surprise to none. However, some of the more affordable areas include thriving towns and cities such as Norwich, York and Swansea. Obviously, which is most affordable is relative to your business, turnover and location – however our infographic it’s a useful tool to see how your office rental costs compare to the average in your area.
View the results as a table that you can copy and paste at the bottom of the page and use as a tool within your own document.
If location is key for your business identity, but you don’t like the price tag, then a virtual office is a money-saving alternative that places you at the heart of the action. Discover the locations we cover and the benefits a virtual office could give you.
Put our research to use! Copy and paste the table below to use however you wish. Data taken from Colliers 2018 Office Rents Map
Location | Cost per m2 | 2 pers./ month (20m2) | 10 pers./ month (100m2) |
London | £52.50 | £1,050 | £5,250 |
Dublin | £45.00 | £900 | £4,500 |
Manchester | £33.00 | £660 | £3,300 |
Bristol | £32.50 | £650 | £3,250 |
Reading | £32.50 | £650 | £3,250 |
Edinburgh | £30.50 | £610 | £3,050 |
Birmingham | £28.75 | £575 | £2,875 |
Glasgow | £28.75 | £575 | £2,875 |
Brighton | £28.50 | £570 | £2,850 |
Leeds | £27.00 | £540 | £2,700 |
Oxford | £23.75 | £475 | £2,375 |
Bournemouth | £21.75 | £435 | £2,175 |
Cardiff | £21.50 | £430 | £2,150 |
Milton Keynes | £20.50 | £410 | £2,050 |
Newcastle | £20.25 | £405 | £2,025 |
Sheffield | £20.00 | £400 | £2,000 |
Cambridge | £19.25 | £385 | £1,925 |
Belfast | £19.00 | £380 | £1,900 |
Liverpool | £18.25 | £365 | £1,825 |
Southampton | £18.00 | £360 | £1,800 |
Nottingham | £17.00 | £340 | £1,700 |
York | £17.00 | £340 | £1,700 |
Leicester | £16.00 | £320 | £1,600 |
Coventry | £15.50 | £310 | £1,550 |
Plymouth | £14.50 | £290 | £1,450 |
Norwich | £13.25 | £265 | £1,325 |
Hull | £13.00 | £260 | £1,300 |
Swansea | £12.25 | £245 | £1,225 |
Middlesbrough | £10.75 | £215 | £1,075 |
Sunderland | £10.25 | £205 | £1,025 |