A guide to office space in Mayfair

Affluent Mayfair is situated in London’s West End, and is characterised by its traditional period buildings, impressive architecture, and exclusive hotels, restaurants and retail establishments.

Mayfair is home to a number of corporate headquarters, embassies, hedge funds, law firms and businesses from the finance, commercial property, and oil and gas industries.

Cover the whole market  Find office space in Mayfair >>

The location

Mayfair is situated on the east edge of Hyde Park, bordered by Oxford Street to the north, Piccadilly to the south and Regent Street to the east. 

It is surrounded by the West End neighbourhoods of Marylebone, Fitzrovia, St James’s and Soho.

Neighbouring areas - price comparisons, per person per month

Below are the prices of serviced offices given on a per person per month basis in the city, and are based on a minimum to maximum average, derived from our Sales Team's knowledge.
Area Indicative price range
Mayfair £900 – 1400
Knightsbridge £1000 – 2000
Belgravia £800 – 1000
Fitzrovia £700 – 900


Mayfair business centre

Looking for an office in Mayfair

Renting a serviced office in Mayfair provides businesses with a prestigious postcode to impress clients and bolster their reputation. 

Businesses also enjoy excellent amenities, beautifully-designed buildings and a location in one of the world’s cultural and commercial hubs.

The serviced office market in Mayfair is very competitive – rates are higher than ever before, and it has become the most expensive place in the world for office space.

The Crossrail development at Bond Street Station will provide a great transport boost to the area – the station's eastern ticket hall will be located in Hanover Square, which will also provide a new entrance to the station platforms under Mayfair at the corner of Hanover Square.

The popular locations of Brook Street, Hanover Square or Stratton Street are ideal for companies looking to move into Mayfair. 

However, neighbouring Piccadilly is a good option for businesses looking for something a little more cost-effective


Costs

Serviced office costs in Mayfair typically range from £900 – 1300 per desk, although this will vary depending on requirements and exact location. 

Costs are inclusive of amenities, which can cover Internet, meeting rooms, IT and administrative support, lounges and kitchens, car parking, videoconferencing and AV equipment, among others.


Office sizes

Instant offer a great variety of flexible office solutions across a range of sizes, and are able to accommodate most enquiries, from one person through to 100 people or more, depending on the specifics. 

Serviced office providers can be flexible with the layout of the workspace, and are happy to discuss partitioning to fit a particular requirement.

Co-working is not particularly prevalent in Mayfair; the majority of requests are for serviced office space.


Why choose Mayfair?

As mentioned, the prestigious location, excellent transport links and quality of the buildings and amenities are all reasons why businesses choose to make Mayfair their corporate home. 

Furthermore, serviced offices are an ideal option as conventional leases in Mayfair are expensive and extremely hard to come by.

Berkeley Square, Mayfair

A closer look at Mayfair

These are the most popular areas in which to rent office space:

Berkeley Square

  • A desirable Mayfair location, prestigious Berkeley Square provides businesses with a reputable postcode in a thriving commercial area
  • Green Park Underground station is located nearby, while the London Bus route C2 also passes through the square
  • The area boasts excellent local amenities, and Regent Street, Oxford Street and Hyde Park are a short walk awa


Hanover Square

  • Hanover Square is a highly sought-after Mayfair location - Oxford Circus and Bond Street Underground stations are a five-minute walk away, and there are many designer shops, top-rated restaurants, nightclubs and private members' clubs in the area
  • The square dates back to 1713, when it was developed as a fashionable residential address 
  • Brook Street, Dering Street, Hanover Street, Harewood Place and Princes Street all converge on Hanover Square, creating a vibrant commercial hub
  • Vogue magazine is one of the big-name tenants in the square


Brook Street

  • Brook Street runs from Hanover Square to Grosvenor Square, and is home to a number of famous tenants: Claridge's, a five star hotel; Le Gavroche, a world famous restaurant; the Handel House Museum; and the Argentinean embassy
  • Oxford Circus and Bond Street Underground stations are a short walk away, for easy transport access
  • Apart from the good transport links, businesses in the area benefit from excellent local amenities, the prestigious postcode and a location close to potential partners and clients

For more information on the current state of the UK serviced office market check out our UK Flexible Workspace Review 2016.

Why do businesses love Mayfair?

We asked a number of local businesses in the Mayfair area exactly why they love working there.


“The Mayfair area is beautiful, playful and luxurious with a community feel amongst both the residents and businesses.”

Jayne Weldon, Mount Street Association (Traders Association)


“It’s so close to the hustle and bustle of Oxford Street. It also has beautiful old buildings and green spaces like Hanover Square.”

Lizzy Barber from Hush (Brasserie and cocktail bar)


“The people, the history, the architecture. Mayfair has a real mix of residential and business and attracts people from all over the world. It’s great to be a part of such a historic and illustrious neighbourhood. The locals are demanding, but charming.”

Justin Preston from Allens of Mayfair (Butchers)


“So many great restaurants and shops. Beautiful buildings around every corner.”

Laura from Murano (Restaurant)


“Mayfair is very much an exclusive part of London, but it’s also quintessentially British and I think international travellers really like that.”

Mayfair Office Girl (Private PR)

Want to find out more?

If you’re looking to move into the area, or simply require more information, contact Instant Offices' specialist local consultants.

Email our team or call us and we'll be delighted to help you.


Share this guide

Find your next office

Search & compare over 10,000 offices across the world