You want office space Bank businesses recognise on sight — a Square Mile address at the seven-street junction where Threadneedle Street meets Cornhill, King William Street and the Bank of England. This guide compares 8 of the best private offices for office space Bank firms actually book, every one within a short walk of Bank station (EC2R/EC3V), in the heart of the City of London. If you want the wider picture first, our private office London guide covers the whole capital.
Bank is the oldest financial core in Britain, and the addresses here — the Royal Exchange, Cornhill, Lombard Street, Tower 42 — carry weight with clients, banks and investors. The good news: a private office at Bank does not have to mean a premium. As the numbers below show, whether office space Bank costs more than the rest of London depends almost entirely on which operator you book, not on the postcode.
Wezoo snapshot — Bank & the Square Mile private offices
- 40 private offices on Wezoo within a short walk of Bank station (29 with published pricing)
- Price range: from £345 to £1,398 per desk, per month
- Median entry: around £575 per desk, per month
- Top operators: Elementa, WeWork, Signature (also Orega, Fora, Spaces, Regus)
What does office space Bank cost in the City of London?
Expect to pay from about £345 per desk a month at the entry end, rising past £1,000 for boutique or trophy addresses. The median entry rate across the priced office space Bank supply sits near £575 per desk. Bank offices are sold as private, lockable suites priced per month, so the figure you compare is the monthly cost per person — not a per-square-foot rent a broker quotes before fit-out.
The cheapest genuine desk in the area is £345 a month at Regus Fenchurch Street; the cheapest solo office at the junction is £475 at Spaces above Cannon Street station. Trophy towers — Tower 42, the Gherkin — start around £505 to £615.
Is office space Bank more expensive than the rest of London?
Not the way you would expect. We compared each operator’s entry desk rate at Bank against its own London-wide average. The premium does not just shrink — for some brands it flips negative. Book Spaces at Bank and you pay roughly a third more than a Spaces desk elsewhere in London; book Fora and you pay a fifth less.
| Operator | Bank entry / desk | London entry / desk | Difference |
|---|---|---|---|
| Spaces | £525 | £402 | +31% |
| Regus | £415 | £372 | +12% |
| Orega | £584 | £553 | +6% |
| WeWork | £548 | £523 | +5% |
| Signature | £615 | £615 | 0% |
| Elementa | £604 | £618 | −2% |
| Fora | £585 | £755 | −22% |
The lesson for anyone comparing office space Bank options across brands: the Square Mile postcode is not the price. The operator is. Name the brand before you ask whether Bank is dear. For neighbouring options one stop east, see our guide to office space in Liverpool Street.
When should you choose a private office over a hot desk?
Choose a private office the moment your team needs a lockable door — for calls under NDA, for client meetings, for kit you leave overnight. A hot desk is cheaper per day and fine for solo or hybrid work, but at Bank the walk-up rates converge fast. If you are in four or more days a week, a private suite usually wins on both cost and calm. For a lighter footprint first, compare a serviced office London option before committing.
The 8 best private offices for office space Bank
1. 75 King William Street — Elementa
The closest priced private office to the Bank junction itself. King William Street runs south-west from Bank station straight to the door, so you are two minutes from the Underground and the Royal Exchange. Elementa runs it as a boutique, design-led building with a staffed reception, climate control and a lounge. From £530 per desk a month. Capacity: 5–36 people across 3 suites.
See 75 King William Street on Wezoo →
2. Gracechurch Street — Elementa
Sits between Leadenhall Market and Cornhill, the medieval heart of the City. Ten suites scale from a three-person room to a 56-desk floor, so a team can grow without changing address. Reception service, wheelchair access and climate control throughout. From £579 per desk a month. Capacity: 3–56 people across 10 suites.
See Gracechurch Street on Wezoo →
3. Cannon Street Station — Spaces
Built directly above Cannon Street station, three minutes from Bank. With 48 suites it holds the deepest supply in the core and, at £475, one of the few genuine one-person offices near the junction. Solo founders and 75-strong teams share the same front desk, catering and breakout space. From £475 per desk a month. Capacity: 1–75 people across 48 suites.
See Cannon Street Station on Wezoo →
4. Tower 42 — Signature
The City’s original skyscraper — the old NatWest Tower — rising above Old Broad Street. A recognised address that clients place before you say a word. Thirty-two suites, from a solo office at £505 to a 71-desk floor, with catering, coffee bar and breakout space. From £505 per desk a month. Capacity: 1–71 people across 32 suites.
5. 33 Queen Street — WeWork
A short walk west toward Mansion House, this WeWork building carries the lowest entry rate of any door in the core at £435 per desk. Twenty-one suites from three seats to 57, with phone booths, a lounge, bike storage and reception. From £435 per desk a month. Capacity: 3–57 people across 21 suites.
See 33 Queen Street on Wezoo →
6. The Monument — WeWork
Named for the landmark it stands beside, five minutes from Bank toward the river. Twenty-four suites including a solo office from £566, with phone booths, a coffee-and-tea bar and staffed reception. From £566 per desk a month. Capacity: 1–46 people across 24 suites.
7. The Gherkin — Signature
30 St Mary Axe — the most photographed building in the City. A private office here is a statement as much as a workplace. Twenty-seven suites from a two-desk room upward, with catering, breakout space, coffee bar and climate control. From £615 per desk a month. Capacity: 2–57 people across 27 suites.
8. Fenchurch Street — Regus
The honest floor of the Bank market. This Regus building on Fenchurch Street lists the cheapest desk of any private office in the area at £345 a month — a flat rate across all seventeen suites, from two seats to 41. Proof that a City address need not start high. From £345 per desk a month. Capacity: 2–41 people across 17 suites.
See Fenchurch Street on Wezoo →
How far ahead should you book office space Bank?
For a private office at Bank, give yourself two to four weeks. The cheapest solo rooms — the £345 desk at Fenchurch Street, the £475 office above Cannon Street — turn over quickly, and a listed entry rate you cannot move into is not a real price. Larger suites of ten or more have more slack. Book the viewing early; decide on the address, not just the headline figure.
Two authorities worth a look before you sign anything for office space Bank premises:
City of London Corporation — the local authority for the Square Mile, with business and planning guidance.
GOV.UK business guidance — registration, rates and rules for setting up at a UK address.
Ready to secure your private office at Bank?
Frequently asked questions about office space Bank
How much is office space Bank per month?
Private offices for office space Bank start from about £345 per desk a month at Regus Fenchurch Street and run past £1,000 for boutique or trophy addresses. The median entry rate across the priced Bank supply is around £575 per desk.
Where exactly is Bank in the City of London?
Bank is the junction where Threadneedle Street, Cornhill, Lombard Street and King William Street meet, around the Bank of England and the Royal Exchange (postcodes EC2R and EC3V). Bank Underground station sits directly beneath it.
Is office space Bank more expensive than the rest of London?
It depends entirely on the operator. Within the same brand, Spaces charges about 31% more at Bank than its London average and Regus 12% more, but Fora is roughly 22% cheaper and Elementa about 2% cheaper. The postcode does not set the price; the operator does.
Can I get a one-person private office at Bank?
Yes. Spaces above Cannon Street station lists solo offices from £475 a month, and Tower 42 and The Monument both offer one-person suites from around £505 to £566. Many other Bank buildings start at two or three desks.
Do I need a long lease for office space Bank?
No. Every space in this guide is booked as a flexible private office billed per month through Wezoo — no multi-year lease, no fit-out. You request the suite, agree terms with the operator and move in.
Bank rewards specificity. The right office space Bank address — chosen for the operator and the door, not the postcode alone — puts you at the centre of the City for less than the towers suggest. Compare the eight above, book the viewing, and take the Square Mile address that works hardest for your firm.
