Serviced offices are often the most suitable option for small teams of 2 to 20 people, and are let on flexible, short-term agreements with private suites designed to match headcount rather than the larger floorplates built for bigger occupiers.
We visited 8 of the serviced offices we market across London, and these are the options we recommend for this size range, from a boutique building near Bank to a more affordable suite in Croydon.
London Serviced Offices for Small Teams
Here's a quick comparison of the eight offices, before we take a look at each of them in more detail below.
| Location | Price From | Standout feature for small teams |
| Frederick's Place, Bank | £1,798/month | Staffed reception |
| Great Eastern Street, Shoreditch | £1,000/month | Phone booths for privacy away from main office |
| Dean Street, Soho | £1,260/month | Short 3–6 month minimum agreement |
| St John's Lane, Farringdon | £1,198/month | Eight-person meeting room suited to smaller teams |
| Borough High Street, Borough | £1,300/month | Roof terrace with views towards the Shard |
| Greycoat Place, Victoria | £1,894/month | Operated by a B Corp-certified workspace provider |
| Fulham Palace Road, Hammersmith | £800/month | Convenient for Heathrow, West London and M4 travel |
| Lansdowne Road, Croydon | £420/month | Lowest starting price in this selection |
Prices are advertised as starting rates and can change according to office size, availability and agreement length.
How Much Does a Small Serviced Office Cost in London?
Based on the serviced offices we market, a private office in Central London for 2 people costs between £1,011 and £1,517 per month. For 20 people, this increases to £10,112 and £15,168 per month.
Prices are lower across Greater London. Serviced office spaces for 2 range from £530 to £794 per month, while a 20-person workspace costs between £5,926 and £7,944 per month.
We always recommend that our clients check what is included as an office with a lower advertised rent can become less competitive if essential services or meeting room use are charged separately.
For up-to-date pricing by location and team size, check current rates using our serviced office pricing tool.
Serviced Offices in London We Recommend
1. Frederick’s Place, Bank
This period property is located within a quiet cul-de-sac, away from the busiest parts of the City of London, but just a 5-minute walk from Bank station.
When we visited, the reception was one of the first features that stood out to us. As you can see in the image below, the marble desk, fireplace and lounge seating create an impressive arrival experience.
A small company rarely has the budget or space to create and staff a reception like this. Here, visitors can still be professionally welcomed by the on-site team, employed by the workspace provider rather than the business itself.
We found the gym to be a genuinely substantial space, not just a small fitness corner. This provides a wellbeing perk that most small employers would typically be unable to fund within their own workspace.
There is also a roof terrace, giving teams a place to hold informal discussions without having to book one of the building's shared meeting rooms. It also removes the need to rent an office with a dedicated meeting room of their own, which is often unfeasible for a small business.
Many small creative companies use the podcast studio to record and produce content, saving them the cost of hiring space elsewhere.
Price: from £1,798 per month
2. Great Eastern Street, Shoreditch
Situated on Great Eastern Street, this property is within one of London's best-established technology and creative business hubs. It's approximately 9 minutes from Shoreditch High Street station and 7 minutes from Old Street station.
We particularly like the generous breakout space here, which gives employees a place to catch up or take a proper break away from their desks. We find this becomes increasingly valuable as small teams grow, as it prevents every conversation from having to take place inside the main office.
In our experience, a shared environment also creates opportunities to meet staff from other small businesses and encourages spontaneous networking.
Phone booths, like those shown in the image below, are often requested by small teams that need somewhere quiet for calls but don't want to rent a larger suite with its own private room.
Clients we work with regularly ask us what happens if they outgrow their office. This building also offers larger units, giving businesses the option to expand without relocating.
Price: from £1,000 per month
3. Dean Street, Soho
We regularly receive enquiries for office space on Dean Street from media and entertainment companies who appreciate that its creative identity comes from genuine history rather than decorative branding alone. The property is located 7 minutes from Tottenham Court Road station and was previously used as a Warner Bros. recording studio.
Small companies renting here have access to a large event room, allowing them to hold client presentations, screenings, and launches internally, which is typically more cost-effective than hiring an external venue. Although we’d also advise clients to check whether use of the room is included within the rent.
This property also offers a minimum commitment term of 3 to 6 months, making it ideal for teams working around projects or changing headcounts before they are ready to commit to a longer contract.
Price: from £1,260 per month
4. St John’s Lane, Farringdon
St John's Lane is around 2 minutes from Farringdon station and sits on the edge of Clerkenwell's established design and architecture district. For a small business without the budget for relocation support, being reachable from several directions makes it easier to hire the right person, wherever they live.
During our visit, we noticed that the eight-person meeting room was appropriately sized for the type of meetings most teams of 2 to 20 hold. Some serviced office buildings prioritise large boardrooms, which can look impressive but are not always necessary for smaller companies.
An outdoor terrace and gym are also included. These kinds of office perks are less common in smaller buildings, and we find they're often what makes a workspace stand out for a small team weighing up several shortlisted properties.
Farringdon is an increasingly popular office location, and we find that well-priced smaller suites can be taken quickly. As a result, we always recommend enquiring early.
Price: from £1,198 per month
5. Borough High Street, Borough
This building is located 3 minutes from Borough station and 10 minutes from London Bridge station.
The roof terrace was the highlight of our visit. As the photograph below shows, the unobstructed view of the Shard provides a small business with a genuinely impressive space to meet clients without the need to book a meeting room.
We also liked the range of facilities within the building, including a gym, bike storage, and showers. For a small business trying to attract and retain staff, perks like this can help it compete with larger companies that have more to offer.
The on-site café gives the team somewhere to hold informal discussions or collaboration sessions, which is particularly helpful in a compact private office where there is limited space for an internal breakout area.
Price: from £1,300 per month
6. Greycoat Place, Victoria
Situated on a quieter side street near Westminster, this building is around 13 minutes from Victoria station.
The office space is found within a converted Victorian warehouse. Exposed brickwork and steel columns give the workspace a distinct industrial feel. Many small businesses we work with favour spaces with glass-fronted meeting rooms like this, as they offer privacy away from the main work area while enhancing natural light.
We were also struck by the reception design, which features stylish pendant lighting and a dramatic wood-slat ceiling, providing an impressive first impression for clients.
The building is operated by a B Corp-certified workspace provider, attracting smaller businesses focused on ESG standards. For a small company, this can be a useful credential to point to with clients or investors, who increasingly expect suppliers to meet certain sustainability standards.
However, it has the highest starting price in this list, and it is worth considering whether the location, character, and amenities offered justify the cost.
Price: from £1,894 per month
7. Fulham Palace Road, Hammersmith
Businesses that rent workspace here benefit from being within 6 minutes of Hammersmith station, with easy access to the A4 and M4. For a small consultancy or business whose employees or clients travel through Heathrow regularly, this can remove the need for a second office, which is rarely realistic on a small business's budget.
Upon visiting, we noticed the café-style breakout space, which doubles as a spot for downtime and informal collaboration. Versatile spaces like this are useful in any office, but especially valuable in small workspaces, where space is more limited.
We also liked the building's double-height atrium and manned reception, which offer a much more impressive experience than the starting price might suggest.
The on-site parking facilities are another genuine perk that many Central London serviced offices do not offer. The lower rental price also makes this property a strong alternative for teams that may have a tighter budget and want access to strong transport links, without needing a Zone 1 address.
Price: from £800 per month
8. Lansdowne Road, Croydon
Lansdowne Road is around 12 minutes from both East Croydon and West Croydon stations. These serviced offices are the most affordable on the list and offer a clear alternative for businesses that prioritise value over a Central London address.
We found the kitchen was well-equipped and more spacious than many compact kitchenettes we’ve seen provided in other small suites.
However, teams that need to regularly travel into the City or the West End for meetings would face longer commute times than they would from other buildings on this list. Therefore, we find it tends to suit startups, locally based teams and companies with tighter budgets.
Price: from £420 per month
The serviced offices in this article range from £420 to £1,894 per month, providing options for businesses with varying budget and location requirements.
The office space on Frederick’s Place offers a more polished environment for client-facing businesses, while Dean Street is well-suited to companies in the creative industries. St John’s Lane stands out for its transport connections, while Lansdowne Road offers an affordable alternative.
When we help clients compare serviced offices in London, we recommend looking closely at how well the private suite matches the current headcount and whether there is space
to grow. We also recommend that our clients check whether meeting room use is included and which amenities incur an additional charge beyond the advertised monthly price.
For further guidance, read our articles on how to rent a workspace in London as a small business or get in touch with our team to find a small, serviced office that works for you.
