Wonga Moves to Office Space in Camden – Should Your Business Follow?
It’s home to Asos and ad agency Y&R; now online loan company Wonga is the latest high-profile business to move to office space in Camden. So should your business head to Camden too?
Why you should move your business to office space in Camden
For most, the appeal of Camden lies in its eclectic vibe. It somehow manages to be both cultural and laid-back, offering an interesting blend of live music, eateries and of course, Camden Market. Its connections with creativity go back to the nineteenth century when it was a popular location for artists but today it’s home to a lively mix of urban culture.
It’s a natural fit for trend-led companies like Asos – whose head office is based in Greater London House opposite Mornington Crescent tube station. Other creative companies occupying office space in Camden include ad agency Y&R, online designer retailer Covetique and Conran Design Group – so basing your business here will mean being at the heart of a thriving creative community. That also means having a strong talent pool of creative professionals on your doorstep, something which could be particularly beneficial if your business is in the media or design sector.
Considering the alternatives
Camden Town is primarily a residential district which means that commercial space – particularly office space in Camden – is in relatively short supply. Combine this with the fact that Camden is a highly sought-after business location and you may find it difficult to find the kind of space you need.
If you want more options and a great location, Euston is just two minutes from Mornington Crescent by tube, and is fast becoming a popular location among tech and media companies.
Facebook announced plans to move to Regent’s Place in Euston towards the end of last year. Meanwhile, social media giant Twitter is also expected to move to offices within the area, after revising initial plans which would have seen the microblogging platform share a building with Facebook.
The type of office space available in this area is different: while Camden’s many period buildings mean a limited supply of office space, Euston offers a variety of new-build, high-rise offices – although options within period buildings can also be found.
The key is the greater range of choice on offer, although you’ll also benefit from being that bit closer to the main transport hubs at Euston and King’s Cross. The latter is shaping up as something of a new hot spot thanks to the impending arrival of Google’s London HQ – due in 2017.
Whether you’re looking for office space in Camden or Euston, LondonOffices.com can help. Call 020 7166 7981 to speak to one of our consultants today.