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
Office space in Mayfair costs a median of £850 per desk a month in November 2026, about 79% above the London median of £475, so a ten-person office runs about £8,500 a month all-in. That is across 37 priced centres out of 115 SquareFoot lists in Mayfair, from the operators’ own asking prices; the middle half of the market sits between £620 and £1,000. Of the 27 London districts with ten or more priced offices, Mayfair ranks 27 from the least expensive.
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Grouped by the largest office each centre lets; a median needs 5 priced centres.
Team costs at the Mayfair median: 5 people £4,250 | 10 people £8,500 | 20 people £17,000 a month.
79 of the 115 centres state the size of office they let. The median largest office is 30 desks; 51 centres take a team of 20 or more and 13 take 50 or more (largest listed: 150 desks).
Recognised serviced operators and landlord flex brands with centres here: WorkPad (11), Argyll (9), Flex By Grosvenor (6), Beaumont (5), The Crown Estate (5), Canvas (3), Elementa Workspace (3), Halkin (2), Regus (2), 12 Hay Hill (1). Another 48 centres are listed by agents or landlords and are mostly quoted on enquiry.
Funds, family offices, private banks, wealth managers and luxury brands, in Georgian and Edwardian townhouses between Oxford Street, Regent Street, Piccadilly and Park Lane. Much of it belongs to the Grosvenor estate, which now runs serviced floors of its own.
Converted, not quoted: £850 a desk a month is about £102 per sq ft a year at 100 sq ft per desk, £136 at 75 and £204 at 50, all-in. Knight Frank’s prime headline rent for West End Core (Mayfair and St James’s) was £200.00 per sq ft a year in Q3 2026, before business rates, service charge and fit-out (Knight Frank, The London Office Market Report Q3 2026, published 3 November 2026).
Shortlist on the Mayfair page or tell us the headcount and move date; our local team in London confirms availability and current prices, books the viewings and negotiates. Free for the tenant.
Counts and prices are from SquareFoot’s live London listings as of November 2026: 2,325 centres, 872 with a published asking price per desk per month, collected from the operators’ own pages. Derived and conventional-lease prices are listed but never counted in a median. Written by SquareFoot; reviewed November 2026.
A serviced or coworking private office in Mayfair has a median asking price of £850 per desk a month in November 2026, across 37 priced centres; the middle half of the market runs £620 to £1,000. Prices include furniture, internet, business rates and service charge; VAT is usually added.
Yes: 51 centres in Mayfair list an office for 20 or more people and 13 for 50 or more. Larger suites and managed floors are often quoted on enquiry; our local team in London can ask for current availability and prices.
Green Park (Jubilee, Piccadilly, Victoria); Bond Street (Central, Jubilee, Elizabeth line); Oxford Circus (Bakerloo, Central, Victoria); Hyde Park Corner (Piccadilly); Marble Arch (Central).
Hedge funds and private equity, family offices, wealth managers, luxury and fashion brands, and the advisers who serve them.
Related: every London office with prices · London office space prices by district · Serviced offices in London · Office space for 20 to 50 people · Office space for 50+ people · Marylebone · Fitzrovia · Farringdon · Holborn
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