So your business is growing and it’s time to fly the nest (in other words, your home office). The only problem is, you want to keep expenditure to a minimum and an unpredictable market means you can’t afford to become entangled in a long-term contract. Even though – touch wood – you’re on an upwards trajectory, you just can’t justify that kind of commitment.
Where do you go?
An affordable coworking space.
We’re not kidding: coworking spaces nowadays come in all shapes, sizes and prices. There are pro-working spaces, designed for more established businesses and then there are cool, cost-effective workspaces for growing businesses with relatively small budgets.
Let’s take a look at some of the best affordable coworking spaces in London…
1. Davis House, Croydon
Amazing spaces are no longer confined to inner-city London.
Located just 20 minutes from Central London, this world-class tech hub offers shared and private office spaces together with a suite of support services. Designed to support and accommodate fast growing businesses, this space offers the modern infrastructure a dynamic business needs in order to succeed.
The building contains 350 desks in open or private spaces, 1GB internet, a 250-person event space, 10 private offices, member lounges, two boardrooms, two meeting rooms, eight private phone booths, printers, kitchens, and 3D printing on site…phew! Not forgetting Byte Cafe on the ground floor, where homemade food is served all day.
2. East Poultry Avenue, Farringdon
Located on the outskirts of the City in Farrindgon, this affordable coworking space is on the periphery of London’s creative, financial, legal and technology clusters. Based above the historic Smithfield Meat Market, a selection of private offices, permanent desks and coworking options are ready to accommodate growing businesses.
It’s only a five-minute walk away from Farringdon Station, making it one of the best connected workspaces in London!
Mix with fellow startups and find opportunities to collaborate.
3. 29-31 Oxford Street
This incredible coworking space on Oxford Street is on a mission to make high quality and well located space more accessible for freelancers and small businesses. Their philosophy? “Affordability does not have to mean a compromise on design or service.”
Spaces are curated with the goal of building a community comprised of interesting businesses and individuals. Industry events and a cultural programme provides the community with a platform that fosters learning, new ideas and valuable connections.
4. 22 Uxbridge Road, Ealing
Situated a couple of minutes from Ealing Broadway Station, this newly constructed coworking space offers flexibility and affordability. High speed internet and complimentary coffee is designed to keep you at optimum levels throughout the day.
Shared areas such as the kitchen are stocked with basic amenities. If you ever need a larger space there’s a conference and meeting room with a state of the art screen to display or write presentations on, as well as star phones for calls and video conferencing.
5. 90 Wallis Road, Hackney Wick
You’ll find this gem between the Queen Elizabeth Olympic Park and Victoria Park. Covering an enormous 16,000 sq ft, the former dye-cutting factory has been converted into three different floors of canal side studios, private offices and coworking space.
Creatives take note – this workspace has self-contained studios suitable for photography and design and 10 music studios / production rooms. The comfortable communal lounge and kitchen offers a place for some ‘down time’ and the chance to connect with other members.
6. 31 Draycott Avenue, Chelsea
You don’t need a bottomless bank balance to rent office space in Chelsea.
This affordable workspace provides all the space, services, community spirit and support needed to take your ideas to the next level. You’ll find everything you need to have your next lightbulb moment in this beautiful property, from single desks in a large coworking space to private offices.
7. Wenlock Road, Old Street
Considering the location, a coworking desk in this workspace is a bargain at only £99 per month.
Introducing a brand new coworking space, conveniently located minutes away from Old Street station and a short walk from Shoreditch. This light and spacious hub offers desk space, meeting rooms, breakout areas, quiet zones and a kitchen fully stocked with everything you’d expect – including beer and wine on a Friday!
8. 19-21 Hatton Garden, Farringdon
Spread over six floors, this affordable coworking space in Farringdon can accommodate a single freelancer all the way up to a sixty person business. Like the other spaces on this list, community is a big focus and this is reflected in the long list of extra curricular activities. Partake in lunchtime yoga classes, breakfast seminars or workshops led by inspiring professionals.
9. 215 Lyham Road, Brixton
A coworking space with a conscience.
The centre is run by one of the UK’s leading social enterprises and any profits generated go towards helping people out of homelessness. Dedicated desks are available on a monthly basis so it’s ideal for small creative businesses and social enterprises looking for somewhere to call home.
In terms of design, the space is roomy and relaxed with exposed original features, comfy breakout areas and a fully fitted kitchen-diner.
10. 115 Coventry Road, Bethnal Green
On the left you’ll see the BG’s authentic railway arches and on the right, the trendy bars and pubs of the East End. Attractive original features include lab tile floors, blue engineering brick columns and a former water tower that’s been transformed into a two storey office! Each studio retains a patch of the authentic brickwork.
The area itself is bustling with artists and designers and being so close to the City means it’s a clever choice for businesses looking to establish relationships with clients in Liverpool Street.
Are you a growing business looking for a coworking space? Or perhaps a one-man-band in need of some company? We don’t just cover London – we’re global. Contact the Office Freedom team for a quote today.