1. Can I find flexible coworking spaces or short-term private office rentals in Midtown London for a team of 5?

Yes, you can. At Morgan Pryce, we have listed a mix of serviced, managed, and flexible offices alongside conventional leased space in the Midtown area. There are several options for smaller teams. If you are not ready to commit to a longer lease, flexible space can give you room to grow while keeping your initial commitment manageable.

2. Why can two Midtown offices with similar rents have very different overall costs?

A common reason behind this is that rent is only one component of occupancy cost. There are other factors like service charges, business rates, incentives, repairs, fit-out requirements, and other lease obligations that can materially change what you actually spend.

3. What are some of the key factors to consider when comparing different Midtown office spaces for rent?

Look at the whole deal rather than comparing the advertised rent on a like-for-like basis. Consider floor area, effective rent after incentives, service charge, business rates, fit-out requirements, and lease flexibility. Morgan Pryce’s Dynamic Rental Map can also provide useful market context when comparing rental levels across London.

4. Should a growing company take a longer lease in Midtown to secure a better deal?

Not automatically. While longer commitments are considered for stability, it can become restrictive for rapidly growing businesses with changing headcount, working model or financial positions. Break options and other flexibility within the lease can therefore be just as important as the headline term. The appropriate structure depends on your growth plans and risk tolerance.

5. What should I do if the Midtown office I want is likely to be taken before we are ready?

Move quickly, but do not let urgency replace due diligence. Midtown is competitive, and suitable offices can move quickly. If a property appears suitable, establish the commercial terms, compare it against alternatives, and understand your negotiating position before committing. Morgan Pryce can assist tenants with the search and negotiation process.

6. Can Morgan Pryce help if we need to relocate and expand at the same time?

Yes. Relocation and expansion require more planning than simply finding a larger office. You need to consider timing, space requirements, existing lease commitments, fit-out, and how the new workplace will support the business. Morgan Pryce provides Relocation, Expansion & Workplace Strategy as part of its services.

Office Space in Midtown

London’s Midtown is conveniently located between the impressive skyline of The City and the bright lights of The West End, and is the main hub of the country’s legal industry, with the Royal Courts of Justice and the Inns of Court sitting just to the north of Fleet Street. The area is also home to some of the country’s largest corporation headquarters, including Goldman Sachs, Sainsbury PLC, Towers & Perrins, The Food Standards Agency, the BBC and Reuters.

Midtown offers a great variety of office spaces, from large, premium headquarters, to smaller, self-contained suites. Rents are also slightly lower than those of the area’s more famous neighbours, and tenants can expect a saving of up to 20% or even 30%. This means that the area attracts lots of businesses who want to be located close to the facilities and services of central London and all the benefits they bring, but can’t quite afford the central London prices.

Midtown office rents start from £50.00 and can reach as high as £85.00 per square foot for the most iconic buildings, with business rates ranging from £22.00 to £28.00 per square foot. Taking service charges into account, an all-in cost per square foot for Midtown offices can be estimated at £80.00 to £125.00 per square foot.

Because of its central location, public transport links in the Midtown area are excellent. Waterloo, Charing Cross, King’s Cross and Euston mainline stations provide excellent commuting access, while Tottenham Court Road, Holborn, Chancery Lane and Russell Square tube stations service the Central and Piccadilly lines. The new Crossrail developments at Tottenham Court Road and Farringdon stations now cement the area’s status as an accessible, desirable office location. All stations are in Zone 1 and an annual travelcard costs £1,788.

View offices in Midtown.

Streamline Your Search for Office Space in Midtown

Explore an updated listing of serviced, managed, and leasehold offices with Morgan Pryce

Midtown, encompassing the popular neighbourhoods of Holborn, Chancery Lane, Bloomsbury, and Clerkenwell, is one of the most vibrant and dynamic areas of London. Home to numerous national and international businesses, including Warner Bros. and Sainsbury’s, it is one of the most significant business hubs in the UK.

Starting a business in this location or shifting to this prominent economic hub is a smart decision. Let us help you establish a foothold with our tenant advisory solutions and exclusive access to off-market opportunities. Find the best office spaces for rent in Midtown with Morgan Pryce. Our listings comprise large open-plan offices to support growing companies, managed offices, and serviced offices, offering flexible terms.

Book a free consultation to talk through your office search in Midtown.

Opportunities in Midtown for Businesses Renting a Commercial Space in Midtown

Mostly understated but well-connected, Midtown accommodates fantastic commercial office spaces for rent. If you are starting or expanding your business to this location but lack the confidence to proceed, you can explore its key selling points here.

• Well-connected: : In London, Midtown is one of the best-connected areas. It has plenty of tube stations, including Chancery Lane, Russell Square, Holborn, and Tottenham Court Road. The Victoria, Central, Piccadilly, and Northern lines all make it convenient for clients and employees to reach the location from anywhere in London.

• Legal history: : Midtown is a royal enclave. The Royal Courts of Justice in the heart of the area and legal firms nearby share space with subsidiary industries. With easy access to solicitors, legal institutions, and barristers, start-ups and established companies can benefit from legal services.

• Strategic location: : Businesses seeking quick access to cultural and business hubs can benefit immensely from settling in Midtown. Located between the West End and the City of London, and close to King’s College and Great Ormond Street Hospital, the area offers prestige and convenience.

• Ample workspace options: : Businesses enjoy the freedom to choose from different office formats, including historic properties rich in character, serviced office solutions, and Grade A buildings. Equipped with meeting rooms, high-speed Internet, and reception services, entrepreneurs benefit from modern solutions.

• Rich business ecosystem: : Midtown has excellent networking opportunities. The area features a diverse mix of tech ventures, accountants, startups, and media companies, making way for profitable collaborations. There is a scope for gaining valuable clients.

• Cost-effective: : When compared to the rent charged by commercial properties in the City Core, Midtown proves more affordable. Grade A office space for rent costs are low in the Bloomsbury, Holborn, and Kingsway zones.

• Rich in culture: : The cultural scene in Midtown is vibrant, with landmarks such as the British Museum, Russell Square Gardens, and other historic architecture adding appeal to the site. The inspiring environment attracts top talent, retains them, and encourages creativity.

• Sufficient modern amenities: : Serviced offices to rent in Midtown are equipped with contemporary facilities, including on-site cafes, gyms, bike parking zones, showers, and more.

• Promotes work-life balance: : Midtown’s proximity to Oxford Street and Covent Garden market provides employees with ample attractions to explore after work. One can enjoy a fun-filled evening by drinking at a bar, playing ping pong, and listening to live music.

Renting an office space in Midtown is definitely an attractive business proposition. Today, the area has its own identity and is a popular choice for innovative businesses and startups alike. If you plan to start your company journey from this hotspot, you have taken the right lane.

Seek Commercial Spaces for Rent From Midtown’s Leading Property Experts

Morgan Pryce is no ordinary commercial property agency in Central London. Led by Fraser Williams, Dean Johnson, and Eugene O’Sullivan, it’s a dynamic team unlocking in-depth industry insights, a seamless property-finding experience, and innovative thinking. This is only a preview of the benefits of partnering with us. Explore more advantages of seeking commercial properties for rent in Midtown below:

• Tenant-only representative: : We work exclusively for tenants in Midtown, leveraging our knowledge and expertise gathered over the years to find the most suitable commercial properties to rent in Midtown.

• RICS certification: : Our letting agents are all RICS-registered and provide compliant advice to tenants, saving them from legal issues. We demonstrate professionalism and adhere to strict ethical standards in every dealing.

• Expertise in rent negotiation: : We bargain on every tenant’s behalf to ensure the most competitive rental price and help achieve the best deals.

• Market intelligence: : We have an in-depth understanding of the local rental market in Midtown. No wonder our commercial property listings are always updated with available vacant buildings, providing tenants with 100% market coverage.

• Reduced stress: : Securing an office to let in Midtown is a stressful responsibility. Allow us to take up that responsibility, confront the challenges on your behalf, and free up your time.

• Zero initial consultation: : Talking to our agents at Morgan Pryce is absolutely free! Meet us to convey your preferences for commercial office spaces for rent in Midtown and share your goals.

• Risk-free representation: : Our tenant-only representation involves no risk at all. If we are unable to find a commercial space for you to rent in Midtown, we won’t charge anything.

We welcome businesses of all scales, originating from various sectors, like hospitality, creative, tech, entertainment, finance, legal, and others, to explore Midtown. The locality presents enormous opportunities for enterprises to thrive. Whether you are planning to relocate or start afresh, renting an office space in Midtown can be a stepping stone to success.

Ready to start your search? Get in touch with Morgan Pryce or call us on 020 3987 6200.

Looking to buy instead? See our guide to commercial property for sale in Midtown.

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Testimonials

      EXCELLENT  
   Based on 15 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   John Ramsdale 
 
 
 
 Trustindex verifies that the original source of the review is Google. Fantastic all round service from MorganPryce. Fraser really does go above and beyond. He found us an amazing site for our new studio and saved us a lot of money negotiating the lease as well. Now he has assisted with other parts of the business to push forward and develop us further. I am delighted with Frasers work and would highly recommend his services.
  
 
      Posted on Google  
   
   David Jeansoule Ruiz 
 
 
 
 Trustindex verifies that the original source of the review is Google. We are very grateful for Dean Johnson and Eugene O’Sullivan’s excellent support throughout the whole process. This included step-by-step guidance on exiting a lease agreement, negotiating the schedule of dilapidations, close liaison with our lawyers, choosing between a serviced or managed office, reviewing our very specific requirements – especially on image and identity, and offering regular catch-ups and several viewings. We are delighted by our new office and could not have done it without Morgan Pryce.
  
 
      Posted on Google  
   
   Rachael Rogers 
 
 
 
 Trustindex verifies that the original source of the review is Google. Dean Johnson and Eugene O'Sullivan helped me secure our office space in Mayfair. They were incredibly helpful and diligent, supporting me through the whole process. They managed all negotiations and secured a great price in a challenging situation. Should we ever move office in the future, I wouldn't hesitate to work with them again.
  
 
      Posted on Google  
   
   Taryn Kershaw 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service received twice over 5 years. We used Morgan Pryce entering into our lease agreement in London back in 2016. Service was SUPER enough for me to make contact again for the exit in 2022. Morgan Pryce beat every quote I got - BY FAR!! and their service was excellent from the moment I spoke to Fraser, to date! Seamless, friendly and great results for our organisation! I would highly recommend this company for all your property and survey needs! Thanks Morgan Pryce for everything!
  
 
      Posted on Google  
   
   Chris Barrett 
 
 
 
 Trustindex verifies that the original source of the review is Google. Have used the services of Morgan Pryce and worked closely with Dean Johnson to find us suitable office space in London. Brilliant level of service and extremely professional, Dean was very attentive to our needs and found us exactly what we were looking for.
  
 
      Posted on Google  
   
   Davina Khulpateea 
 
 
 
 Trustindex verifies that the original source of the review is Google. I started the search for a London office back in 2019 with Eugene. During this time our requirements changed quite dramatically and Eugene was able to adapt to our requirements. He understood my requirements and also gave his input which was extremely valuable as I was not based in London and Eugene was able to give advice based on his knowledge and his experience in this sector. We found a property that matched our requirements and have recently moved in. I would definitely use Eugene again as he made the process easy with his search and coordination and he was very patient and accommodating to our changing brief. Would 100% use Eugene again in any future office search.
  
 
      Posted on Google  
   
   Mane Sport 
 
 
 
 Trustindex verifies that the original source of the review is Google. A big thank you to Fraser Williams for the advice you gave us, we would not hesitate in recommending your services to any company looking for office space.
  
 
      Posted on Google  
   
   Cameron Tudor 
 
 
 
 Trustindex verifies that the original source of the review is Google. Eugene was a great help, and went a long way to ensure the deal went through smoothly. Will use again for future property searches. Highly recommend.
  
 
      Posted on Google  
   
   Dirk Vennix 
 
 
 
 Trustindex verifies that the original source of the review is Google. Thank you to Eugene O'Sullivan at Morgan Pryce for helping us navigate a way through uncharted territory in terms of reassessing tenancy options in the wake of COVID-19 impacts. His insights and advice were very helpful during challenging times. Thanks again.
  
 
      Posted on Google  
   
   Roberta Sistu 
 
 
 
 Trustindex verifies that the original source of the review is Google. I was delighted to had worked with Eugene O’Sullivance the MDirector for Morgan Pryce who was extremely professional, knowledgeable and supportive, assisting me all the way troughs for the acquisition of the new office space for my company.
A truly and rare exceptional service.
Thank you to make the impossible happened in the just few months!
  
 
  
  
 
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