The cheapest co-working spots at London Tube stations have been revealed…
Despite being one of the most expensive cities in the world, London entrepreneurs can pay as little as £95 a month for a desk in a co-working space
The cheapest co-working spots at London Tube stations have been revealed, in a report by Hubble.
Drawing on its 30,000 members, the Startups-100 ranked online platform for office space, has revealed that upmarket Sloane Square is actually the cheapest tube stop at which to hunker down and grow your start-up – costing just £95 per desk per month.
Perhaps less surprising, Knightsbridge is most the expensive area to tap out and get to work – with the average entrepreneur expected to fork out £750 per month for working space that includes a custom built art deco staircase and grand piano.
Top 5 cheapest tube stops for coworking:
1. Sloane Square: £95 per desk per month
2. Gloucester Road: £95 pm (co-working space in a contemporary gallery)
3. Earl’s Court: £95 pm
4. Angel: £120
5. Barbican: £150
Top 5 most expensive:
1. Knightsbridge: £750 pm (opulent building with custom built art deco staircase and grand piano)
2. Queensway: £675 pm
3. Bank: £600 pm (Rockstar Hubs offering Rockstar mentors and in-house sales generation team)
4. St James Park
5. Holborn: £500pm
Tushar Agarwal, co-founder of Hubble, said:
“This map shows London’s co-working scene is becoming increasingly affordable and eclectic. When we started Hubble in 2014, everyone wanted to be based near Old Street and prices started to rise fast.
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“Now entrepreneurs and freelancers can choose from landmark venues like Ministry of Sound, luxury clubhouses and even high street shops across London.
“London has seen a boom in the number of co-working spaces, and this has made flexible working much more affordable. The Instant Group recently reported that London is the fifth most expensive city in the world for co-working space, with average rents of around $897 or around £695 per desk per month. Our map shows this simply isn’t true.”