According to our research, the average transacted desk rate in London is £514 per month as of January 2024, marking an 8.8% increase from the same period in the previous year. Premium spaces command even higher rates, with certain city areas seeing prices of £1,170 per desk per month.
Demand for Serviced, Managed and Coworking Office Space in the UK
After a slow end to 2023, demand for flexible workspace solutions across the UK surged in January 2024, with enquiries rising by 10% compared to the year before.
Research shows increasing interest in service-focused spaces that facilitate return-to-office strategies and offer long-term cost savings for businesses.
Read: How much office space do I need?
Cost To Rent Flexible Office Space in Top UK Cities 2024
- London – £576
- Bristol – £371
- Birmingham – £405
- Manchester – £463
- Edinburgh – £415
- Leeds- £334
Note: these figures are for 2024
London
Office Space in London holds the top spot for entrepreneurs, with London having the highest density of startups in 2024, according to our Most Entrepreneurial Cities research.
So, what does it cost to rent a desk in the best city in Europe for digital entrepreneurship and startups? .
The tech sector’s dynamism has been a key driver in the growth of coworking spaces in London and mobile, digitally fluent communities. The tech sector’s agile working characteristics in London have paved the way for coworking markets elsewhere, such as Bristol, Leeds, Manchester, and Birmingham.
Find out more about how much it costs to rent flex office space in London specifically.
Average cost per person per desk: £576
Popular areas in and near London:
View all flexible office space in London
Bristol
Bristol has a strong economy with several growing specialist sectors. It’s also been ranked among the UK’s most entrepreneurial cities and is dominated by the creative media, electronics, aerospace, IT, tourism, financial services and defence industries.
Average cost per person per desk: £371
Popular areas in and near Bristol:
View all flexible office space in Bristol.
Birmingham
Birmingham, the most populous British city outside of London, boasts the second-largest metropolitan economy in the UK. It’s internationally recognised as a business hub with a strong economy, an expanding CBD, and transport efficiency that makes it easy to access major destinations around the UK—all reasons that Birmingham is an ideal city in which to do business.
Average cost per person per desk: £405
Popular areas in and near Birmingham:
View all flexible office space in Birmingham.
Manchester
Manchester has the third-largest metropolitan economy in the UK, has been ranked as one of the most influential UK cities, and is also one of the country’s most entrepreneurial cities, making this region prime real estate for businesses and investors.
Manchester is considered a ‘beta’ global city. With a strong economy and global recognition, it’s an ideal UK location for your business.
Average cost per person per desk: £463
Popular areas in and near Manchester:
View all flexible office space in Manchester.
Edinburgh
One of the strongest economies in the UK after London, Edinburgh is home to thriving science, education and tourism sectors, while the financial industry is prominent. With a high ratio of professionals, talent is in no short supply, and the city offers one of the most competitive landscapes for businesses in the UK.
Average cost: £415
Popular areas in and near Edinburgh:
View all flexible office space in Edinburgh.
Leeds
Leeds is the third-largest city in the UK and has the fourth-largest urban economy in England. It has many prominent sectors, including one of the largest legal centres in the UK. The CBD is perfect for businesses submerged in an active hub.
Average cost per person per desk: £334
Popular areas in and near Leeds:
View all flexible office space in Leeds.
Contact us to manage your flexible workspace needs in the UK’s top cities: London, Bristol, Birmingham, Manchester, Edinburgh and Leeds, no matter how big or small your business may be.
Are you confused by office rental terms or want to brush up on your office jargon? We’ve created a useful Glossary of Flexible Office Space terms, whether it’s hybrid, hotdesking or flexi working you’ll find all the explanations you need.
Looking for Office Space?
We Operate in Some of the World’s Top Cities:
London, New York, San Francisco, Paris, Singapore, Hong Kong,
Search more locations