Waterloo Office Guide
Serviced Offices in City of London
The primary central business district (CBD) of London and an historic centre, the City of London is a prime location for any company looking for office space with a prestigious business address. Colloquially known as ‘The City’ or the ‘Square Mile’, the area is renowned for being a major business and financial centre.
By the late 16th century, London had become a major centre for banking, international trade and commerce. The Royal Exchange was established in 1565 by Sir Thomas Gresham, and is still considered to be the core of the City’s banking and financial services industry. From 1691, Lloyd’s Coffee House in Lombard Street became the world-leading insurance base and London’s insurance industry continues to be associated with this area.
From the 1970s, tall office buildings were constructed including the iconic Natwest Tower, the first skyscraper in the UK. Since then, the building of impressive, modern, often glass-fronted office skyscrapers has continued with recent additions of ‘The Gherkin’ (30 St Mary Axe), ‘the Cheesegrater’ (the Leadenhall Building), ‘the Walkie-Talkie’ (20 Fenchurch Street), the Broadgate Tower and Heron Tower, currently the tallest in the City.
Smithfield Market and Leadenhall Market are located within the City and there are a few private gardens and open spaces, such as the Inner Temple and the Middle Temple Inns of Court. The River Thames and its riverside are popular relaxation areas in The City. With excellent transport links across London and beyond, in addition to the many famous landmarks and prestigious organisations in the area, The City is a highly-sought after location for business premises.
Office Space in the City of London
Many of the impressive, grand office buildings and skyscrapers, which boast impressive panoramic views over London, offer a mix of open plan, coworking and private office space with manned receptions, 24 hour access, maintenance support, state-of-the-art technology facilities, meeting rooms and on-demand conference rooms. Businesses can choose from serviced and managed premises and the option of furnished or unfurnished office space.
The City is one of the best connected areas of London, providing companies renting offices in the area with fantastic transport links across London and beyond. The majority of the London Underground’s lines run through The City, connecting with all underground stations. Liverpool Street, Fenchurch Street and Cannon Street are longer-distance rail terminals, whilst Moorgate provides services to Hertfordshire. The Docklands Light Railway (DLR) has two stations in The City - Tower Gateway and Bank.
The A1, A10, A3, A4 and A40 road routes start from The City and lead out of London via six bridges including Blackfriars Bridge, London Bridge, Southwark Bridge and Cannon Street Railway Bridge. There are two bus stations in The City, in Aldgate and at Liverpool Street, providing plenty of routes including a night bus service.
One London River Services pier is located on the Thames within The City and provides regular passenger services.
Shopping and Restaurants
The City provides a number of retail opportunities, including department stores and a shopping centre. There are also a range of specialist shops, cafes, pubs, pop-up stalls and street-food vendors in the area, alongside a wealth of modern offices and skyscrapers. Several new, luxury hotels have also been built within The City boundaries over the past few years.
More extensive shopping outlets can be found nearby in neighbouring boroughs, as well as a wide selection of restaurants, wine bars, pubs and cafes.