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.
“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.”