Opening a London Office: A Guide for US Companies (2026)
What a US company pays for a London office in pounds and dollars (median £475, about $630 per desk a month), the contracts, timing, VAT and entity questions, step by step.
6 ways to save $$$ on your office space.
Learn more >November 13, 2026 | by Michael Monday
A serviced office for 50 people in London costs about £27,750 a month at the November 2026 median of £555 per desk, all-in. That median comes from 201 priced London centres that list an office for 50 or more, out of 447 on SquareFoot (168 of them take 100+). At this size most teams also price a managed floor, which operators quote on enquiry; this guide covers both.
See London offices for 50+ people →
Live listings in New York, Los Angeles and Miami right now
One space from each of our largest markets, updated as inventory changes. See all listings →
Looking in a specific city?
| Headcount | Lower quarter (£425/desk) | Median (£555/desk) | Upper quarter (£750/desk) |
|---|---|---|---|
| 50 people | £21,250 | £27,750 | £37,500 |
| 75 people | £31,875 | £41,625 | £56,250 |
| 100 people | £42,500 | £55,500 | £75,000 |
A year at the median for 50 people is about £333,000. These are asking prices; a commitment of twelve months or more usually comes in under them. In US dollars at £1 = $1.33 (2026-11-12), the median is about $736 a desk a month.
For 50 people, a managed floor is the usual answer when the team wants its own identity and expects to stay two years or more; a serviced suite when headcount may move by a fifth either way.
| Operator | London centres taking 50+ |
|---|---|
| Fora | 37 |
| WeWork | 23 |
| Elementa Workspace | 21 |
| Regus | 17 |
| Spaces | 13 |
| Storey | 9 |
| Lentaspace | 8 |
| Runway East | 8 |
| Newton Perkins | 7 |
| WorkPad | 6 |
| x+why | 6 |
| Knotel | 5 |
88 recognised operators in all; another 146 centres at this size are listed by agents or landlords and quoted on enquiry.
Most centres taking 50+: Old Street 24, Fitzrovia 24, Farringdon 23, Holborn 23, Southwark 20, Aldgate 20, Liverpool Street 19, Shoreditch 18, Bank 17. Median per desk at 50+ centres, districts with five or more priced (cheapest to dearest): Canary Wharf £350, Hammersmith £375, Southwark £500, Aldgate £500, Bank £550, Holborn £550, City £550, Liverpool Street £630, Old Street £650, Monument £650, Shoreditch £675, Farringdon £675, Fitzrovia £680, Paddington £725, Marylebone £730, Victoria £750, Soho £776, Mayfair £800, Kings Cross £850.
JLL (8 July 2026): managed space is 25% of London flex transactions, managed deals average 6,600 sq ft, requirements over 6,000 sq ft rose 103% between 2023 and 2025, and nearly a quarter of managed occupiers commit for more than 24 months. Valve, reported by Allwork.Space, counts London managed supply up 66% since 2022 across 750+ buildings and 101 providers, at an average managed rent of £153 per sq ft a year. Knight Frank’s prime headline rents for conventional leases in Q3 2026 ran from £62.50 per sq ft a year in Canary Wharf to £112.50 in the City Core and £200 in the West End Core, before business rates, service charge and fit-out (The London Office Market Report Q3 2026, 3 November 2026).
Tell us the headcount, districts and move date, managed floors included. Our local team in London confirms which suites and floors are actually free, at what price, books the viewings and negotiates the term. Free for the tenant: the operator pays.
Counts and prices are from SquareFoot’s live listings for London as of November 2026: 2325 listings, 872 with a published asking price, collected from the operators’ and landlords’ own pages. Prices are per desk per month for serviced and flexible space unless stated. Written by SquareFoot; reviewed November 2026.
Knight Frank’s prime headline rents in Q3 2026 ran from £62.50 per sq ft a year in Canary Wharf to £112.50 in the City Core and £200 in the West End Core, before business rates, service charge and fit-out (The London Office Market Report Q3 2026, 3 November 2026).
About £27,750 a month at the November 2026 median of £555 per desk, all-in, with the middle half of the market between £21,250 and £37,500.
About £55,500 a month at the median asking price. At 100 people most companies also price a managed floor or a lease; managed floors are quoted on enquiry.
A self-contained floor that an operator fits out to your brief and runs for one monthly fee, usually on a one-to-three-year agreement: your own front door and branding, without signing a lease or paying for the fit-out up front.
Roughly 2,500 to 5,000 sq ft: about 50 to 75 sq ft per desk in a serviced layout, about 100 in a conventional office.
One to three weeks into a serviced suite, four to twelve weeks into a managed floor, three to six months into a leased floor with fit-out.
Related: WeWork alternatives in London · How much office space costs in London · Short-term office space in London · Best coworking spaces in London for small teams · Office space for 10 to 20 people in London · London office desk prices, November 2026 · London Office Space Price Index · How to find office space in London · Flexible office vs lease in London · Where to put an office in London · Every London listing with prices · Workspace in London · Fora in London · Argyll in London · Fitzrovia offices · Shoreditch offices · Mayfair offices
Ready to look? Offices for teams of 20 or more · every London office with prices →
Ready to look? See live offices with prices in your city →
SquareFoot is a new kind of commercial real estate company. Our easy-to-use technology and responsive team of real estate professionals delivers the most transparent, flexible experience in the market. Get in touch to start your search today.