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Located in the heart of London’s financial district, Bank has a prestigious reputation due to the investment banks and other financial institutions located here. The area itself is situated along one main road, King William Street, which makes up part of the Square Mile in the City of London (EC3). King William Street is highly regarded in the Square Mile, due to its association with the Bank of England, the Royal Exchange, and other financial companies, meaning that if you choose to rent office space here, your business will be regarded alongside the elite, which would be hugely beneficial. The beautiful architecture is also a selling point of this area, which is steeped in history.
Bank tube station (Central, Northern, District and Circle Lines) is the eighth busiest in the London underground network, as it is serviced by 5 lines including the DLR. This makes travel in and around the area particularly easy. Nearby stations also include Monument (Circle, District, Central, and Northern Lines), which is linked to Bank Station, Waterloo (Jubilee, Northern and Bakerloo Lines), and Liverpool Street (Central, Metropolitan, Circle, Hammersmith and City Lines). The Docklands Light Railway is also very beneficial for getting about within the Square Mile itself, as its cuts journey time down to a minimum.
Bank Tube Station: 1 minutes
Monument Station: 3 minutes
Waterloo Station: 4 minutes
Liverpool Street: 5 minutes
Canary Wharf: 12 minutes
Due to Bank’s association with financial industries, companies within this sector would be best suited to the area, along with businesses that may have professional ties with existing companies in the financial industry. There is also a variety of shops, hotels, bars and restaurants in the area, making Bank a suitable location for companies within the retail and hospitality sector. Bank is a great place to establish a new business, or develop an existing company and gain more exposure within the financial world. The networking possibilities are also a highly desirable factor associated with this area.
Unlike some areas within the Square Mile, Bank is not known for its fine dining restaurants, as lunch time trade is the focus point here. Busy city bankers need quick, convenient lunch time options – such as City Deli (107a Clifton Street London, EC2A 4LG) where sandwiches and Panini's are made to order. There is also a new breed of ‘fast food’ establishment located nearby called Leon (86 Cannon Street EC4N 6HT), which provides diners with healthy vegetarian wraps, and Moroccan meat balls to name a few. Leon is also open from morning to night, so you can grab breakfast, lunch or dinner here.
If you are looking for a post work beer, then take a 5 minute stroll across to the South Bank and head to The Rake (14 Winchester Walk, Bankside, SE1 9AG), where you can choose from over 100 different types of beer, in ‘cosy’ surroundings, as The Rake is thought to be London’s smallest bar. If its an education on alcohol you crave, then how about Vinopolis (1 Bank End, Bankside, SE1 9BU), a two and a half acre venue where you can take a guided tour and taste wines from all over the globe.
The Monument (Monument Street, EC3R 8AH) was designed by Sir Christopher Wren to mark the Great Fire of London in 1666, and remains the tallest freestanding stone column in the world to this day. Tourists can sample some stunning views over London by climbing the 311 spiral steps to the top of the column. If heights aren’t for you, then why not visit another historical building – Mansion House (City of London, EC4N 8BH), a Georgian Palace that hosts some prestigious City of London events, such as the Lord Mayor’s Show. Lastly, with the Bank of England taking pride of place on King William Street, The Bank of England Museum is only a stones throw away on Bartholomew Lane (EC2R 8AH).
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