One Canada Square is popular with companies looking to rent offices in Canary Wharf for several reasons.
The building is iconic; the 800ft tall tower built by architects, Pelli Clarke Pelli, is the second tallest office building in the UK and has set the benchmark for high-rise office design technology.
The 1.2 million square foot office tower has 32 high-speed passenger lifts that serve the diverse range of businesses that call it home. The building is accessible from both street and concourse levels which means that occupiers and visitors have direct access to Canary Wharf’s impressive shopping malls and great transport links (connections to the City take 6 minutes on the Elizabeth Line).
The commercial property also allows direct access to the Park Pavilion which is the home of restaurants such as Wahaca and Shake Shack and many other amenities such as bars and food trucks.
The floor plates are flexible meaning that requirements from 2,386 sq ft up to 27,793 sq ft can be accommodated on a conventional leasehold basis.
There are 40 occupiers within the 50 storey property that rent offices on a conventional basis. Some of these occupiers include Bank of New York Mellon, Trinity Mirror, Moodys and Level39 tech start-up accelerator.
The current availability schedule for leasehold office space at One Canada Square is as follows:
LEVEL 50 22,072 SQ FT
LEVEL 29 3,206 SQ FT
LEVEL 26 27,764 SQ FT
LEVEL 21 27,981 SQ FT
LEVEL 20 27,793 SQ FT
LEVEL 19 26,931 SQ FT
LEVEL 18 27,231 SQ FT
The summary specification for the available office space to rent is as follows:
- N+1 design philosophy ensuring resilience and reliability
- 140mm raised floors
- 2.75m floor to ceiling height
- Fan assisted VAV or fan coil air conditioning
- 32 passenger lifts
- 3 goods lifts
- Office lighting at 400 to 500 lux
- Dual power supplies
- Multiple telecommunications providers
The quoting rental terms for One Canada Square are as follows:
Office Rent – £52.50 per sq ft per annum (no VAT)
Business Rates – £16.84 per sq ft pa
Serviced Charge – Approx. £12.58 per sq ft pa
Estate Charge – Approx. £3.32 per sq ft pa
There are also flexible workspace centres available within One Canada Square.
There is flexible office space to rent on the 37th floor of One Canada Square. The executive business centre has been providing flex space in the property for over 10 years and provides private serviced office suites in a variety of sizes, various co-working space arrangements, virtual office services and meeting rooms for hire.
The rental here is all-inclusive, in fact, it is based on a one-monthly licence fee that covers rent, service charge, estate charge, business rates, furniture, cleaning, utilities, broadband and so on.
The approximate costs of these serviced offices in One Canada Square are as follows:
Private serviced offices are priced from £591 per desk per month.
Co-working spaces are priced from £11.30 per Hot Desk per month
One Canada Square virtual offices are priced from £3.50 per day
Meeting rooms in One Canada Square can be hired from £60 per hour
Another flexible workspace facility is opening in 2020 on floors 7 through to 9. The office provider has a portfolio of 30 others across London and the UK and this is their first location in the E14 postcode.
Working with architects, dMFK, they have created a design-led flexible workspace offering that incorporates high-quality fittings, fixtures and furnishings and cutting-edge amenities. There are 16 fully-equipped meeting rooms, a gym (in which you can meet your trainer), café and private office rooms and open plan office suites available in a range of sizes and configurations.
The private offices are fully furnished, are lockable and are available on flexible contract terms. The fully-inclusive rent is from £600 per month.
Coworking spaces are available in a range of formats from 1 Hot Desk up to banks of up to 4 desks. These range from £75 per desk in the business lounge to £375 per dedicated desk.
So, if you are looking to rent offices in One Canada Square then there are various options that a business can take.
Many occupiers that wish to take offices in One Canada Square will often choose a serviced office option to ‘test the waters’, so to speak, before making a longer-term commitment of leased offices.
Whatever your requirements or preferences in Canary Wharf then we can help.
Simply get in touch and let us know how we can assist.
