A ten-person financial services team pays about £5,800 a month for a furnished private office in the City of London, and about £8,450 in Mayfair or St James’s. Those are medians of the operators’ own asking prices in October 2026: £580 a desk across Bank, Liverpool Street, Moorgate and Monument, and £845 in the West End’s fund district, with Canary Wharf the value option at £379. All-in: furniture, internet and cleaning, usually with business rates and service charge.
London’s financial districts and what a desk costs (October 2026)
Hedge funds, private equity and family offices favour the streets around Berkeley Square, St James’s Square and Grosvenor Street. Serviced offices there are smaller and finished to a higher standard, with a median of £845 a desk. See every priced office in Mayfair.
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Security and IT. Your own lockable office and access control, a dedicated line, and the operator’s network specification in writing for your compliance team.
Client-facing space. Boardrooms and meeting rooms you can book at short notice, and a reception that represents the firm well.
Term and notice. Serviced licences run from month-to-month to twelve months; a longer commitment often earns a discount of 10 to 20 percent.
How much does office space cost for a financial services firm in London?
In the City (Bank, Liverpool Street, Moorgate, Monument) a desk in a serviced private office runs a median of £580 a month, so a ten-person team pays about £5,800 a month all-in. Mayfair and St James’s, where many funds and private equity firms sit, run a median of £845 a desk; Canary Wharf is the value option at £379.
Which London district suits which kind of financial firm?
Banks, brokers, insurers and the advisers around them cluster in the City and at Canary Wharf. Hedge funds, private equity, family offices and wealth managers concentrate in Mayfair and St James’s. Fintechs often split the difference with offices around Liverpool Street, Aldgate or Shoreditch, close to both the City and the startup belt.
What should a financial firm check before taking a serviced office?
A lockable private office with its own access control, a dedicated internet line rather than shared Wi-Fi, meeting rooms suitable for clients, and the building’s out-of-hours access. Ask what your compliance team needs from the space before you shortlist, and get the operator’s IT and security specification in writing.
Serviced office or conventional lease for a financial firm?
A serviced office gets a new team, a London branch or a spin-out operating in weeks on a flexible licence. Established firms with a stable headcount often move to a conventional lease for control over the space and the fit-out, accepting a five- to ten-year commitment.
Does SquareFoot charge for the search?
No. The operator or landlord pays. SquareFoot shows every office with its price and its London partner books the tours and negotiates the terms.
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.
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