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OFFICES IN OLD STREET

Located North of the City, Old Street has established a reputation as a key location for both residential and business properties, making it a popular choice amongst companies to situate their headquarters. Tech companies, startups, and creative organisations in particular have been drawn to the area over recent years thanks to Old Street’s close proximity to the City and West End combined with the variety of flexible work spaces available. Whether you’re looking for private offices, coworking spaces, temporary offices, or even virtual offices, Old Street has it all. Perhaps, it could be the perfect place for your business as well.

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WHAT OFFICE SPACES
CAN I GET IN OLD STREET?

Office spaces in Old Street come in various sizes and formats. Specifically, there is an extensive range of serviced office locations, providing businesses with a fully furnished workspace and all the necessary facilities. This office style is ideal for certain companies as most issues will be dealt with by building management, leaving you to concentrate on your work. At Purpose Group, we have whole-floor Old Street office spaces available for teams of up to 30 people.

It is worth noting, however, that private offices in Old Street may come at a higher price range. With its proximity to the City, Old Street is a prime location for businesses wanting to be close to the financial hub without paying quite the same rental costs. Though opting for a private office in central London will, in most cases, be an expensive option. The benefits of a private space can be well worth the cost if used by employees on a daily basis and provide the freedom to customise the work area to best suit the needs of the company.

Flexible workspaces in Old Street are another option for those who require less structure and are looking to minimise overheads. As a less conventional office, coworking spaces, virtual offices or temporary offices have increased in popularity following the pandemic and the need to work remotely. Choosing a flexible workspace might therefore be the perfect solution for startups and smaller organisations as you only pay for when the space is used. Seeking out the various workspace options available in Old Street before signing a lease is key as you could end up saving a lot of money on a space you otherwise would not have considered.

Is Old Street a Good
Place To Have An Office?

With its balance of street art and new building developments, Old Street is an attractive office location for many. Some important considerations to think about when deciding where your office should be situated are the area’s commercial atmosphere, accessibility, surroundings, reputation, and services. But ultimately, determining where your office is best located is up to you and the needs of your business. Below we’ve outlined some general pros and cons of working in Old Street to help narrow down your office search.

ADVANTAGES OF WORKING IN OLD STREET

  • Home to a range of industries – including tech, the arts, and various startups
  • Well-placed for transport connections
  • Close to both the City and East London – a great balance of creativity and commercialism
  • Lots of different working spaces available
  • Less expensive than neighbouring districts

DISADVANTAGES OF WORKING IN OLD STREET

  • Limited green areas
  • Larger offices can be on the pricey side – as with most sizable spaces in the city
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Does Old Street Have
Good Transport Links?

Old Street benefits from a number of reliable transport links connecting the area to Greater London. With the nearest London Underground stations being Old Street, Liverpool Street and the Barbican, the area is accessible on the Northern, Central, Circle, Elizabeth, Metropolitan, and Hammersmith and City tube lines, ideal for commuters into the city centre. There are also National Rail services reaching nearby areas of Shoreditch, Moorgate, Hoxton, and Farringdon, making the Old Street area a great location for employees to reach.

 

TFL bus routes and cycle lanes similarly serve Old Street well and allow people from closer districts to easily travel into the area without the need for other modes of transportation. Old Street is truly a well-connected area, making it highly attractive for many organisations looking to find a base in central London.

More Information About Old Street

The Old Street area is famous for its street art. Well-renowned artist Banksy has appeared on many occasions in Old Street, and even Damien Hirst started out in nearby Shoreditch, adding a significant creative flair to the district. Yet Old Street is more than simply a hub for the arts. As an emerging centre for the technology industry, Old Street has seen an influx of tech businesses over recent years, to such an extent that it was referred to as The Silicon Roundabout by former PM David Cameron. Old Street is therefore both a technological and artsy London district, establishing itself as a hub of contemporary commercialism by merging the surrounding City and East London characteristics into one.

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Activities in Old Street

If you’d like to spend some time enjoying the wonders of Old Street, you will find yourself with an array of places to eat thanks to its proximity to East London’s multicultural districts. This part of the city has an extensive range of international cuisine, ideal for foodies and a great way to impress clients at a lunch meeting. For team bonding, why not try the ping pong bar Bounce on Old Street where you can eat, drink and play various games (not just ping pong) to boost team morale. Their high-tech interactive games tables could be a great way to unwind after a long day at the office.

Due to Old Street’s prime location, there is something for everyone to enjoy in close proximity. Fifteen minutes from the West End you can nip to the theatre from Old Street, or if you’re in need of some urgent shopping, try Oxford Street and Tottenham Court Road which are easily accessible from The Silicon Roundabout. However you like to spend your free time, Old Street is never far from something to do.

Find Your Perfect Old Street Office Space

To discover more about office spaces in Old Street, feel free to contact us at Purpose Group where we’ll be happy to talk you through your options and narrow down the ideal office for your needs. From serviced offices to virtual ones, we want to support you in finding the space that helps your business to grow. Get in touch with us today to start your office search.

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