Mayfair has always held a strong appeal for businesses looking for prestigious flexible office space in London. And it seems as though that demand is continuing to rise at pace, if the rate of new flexible offices in Mayfair is anything to go by.
This month, i2 Office will open new serviced offices in Mayfair, in the hotly-contested address of Hanover Square. As a prime location for commercial property, Mayfair is one of the hottest markets for serviced office space in London, and Hanover Square itself is a popular location. As the latest serviced office provider to launch in this coveted Mayfair location, i2 Office will join a number of other big players in the serviced office industry based in Hanover Square, including Avanta, Serviced Office Group and Regus.
The appeal of Mayfair lies partly in the area’s prestige. It’s a fashionable, upmarket district which typically attracts large financial companies and multinational corporations to its boutique office space and plush meeting venues, along with its designer retail outlets, exclusive restaurants and luxury hotels. It’s also close to other key areas within London such as Oxford Circus and Bond Street – just a few minutes’ walk away – and it’s well connected to the rest of the city via underground links.
i2 Office has expanded rapidly this year with a string of new business centre locations, and this latest opening is the company’s seventh serviced office address in London. CEO Philip Grace said that the company is “particularly delighted” to open this attractive Grade A office space, describing it as a “spectacular” addition to their London portfolio.
The company’s expansion is partly fuelled by equity finance which was raised in 2010, from mixed sources including private investors, property support services company OCS, and financial services business The Hampden Group PLC.
i2 Office’s other business centres in London include locations in the City, the West End and Greenwich. Outside of London, i2 Office has serviced office locations in a range of high-profile cities including Edinburgh, Leeds and Manchester, along with Manchester’s prestigious commercial property development, Spinningfields.
London is one of the biggest office markets in the world, and Mayfair is in demand. But thanks to the already high and growing number of serviced office providers in Hanover Square and Mayfair, businesses will be well catered for – and they certainly won’t have to search for long to find an office in Mayfair that ticks all the right boxes.