Greenwich offers quality industrial, office and warehouse space
The Greenwich area represents a premier business location, offering cost competitive industrial, office and warehouse space close to London at prices that are significantly lower than central London and other areas within the M25.
FREE online premises search
With our FREE online premises search you can look for business premises for sale or rent in Greenwich borough. This includes both council and private sector premises.
Greenwich - a unique opportunity
Greenwich has some of the largest brownfield sites in London and therefore presents some unique opportunities. Leasehold or freehold design and build opportunities are available on most of the new sites, and land can be let on flexible arrangements or on long leases to facilitate development.
New commercial space
The borough is thriving, with plenty of new commercial space to be built within the next few years:
- office space: 350,000m2 to be built
- light industrial: 125,000m2 constructed, 180,000m2 to be built
- retail: 30,000m2 constructed, 80,000m2 to be built
- hospitality: 20,000m2 constructed, 140,000m2 to be built
- hotel rooms: 100 constructed, 700 to be built.
Existing premises
Existing premises vary from offices and studios of less than 10 sq m, to large warehouse and industrial complexes of 20,000 sq m plus. More flexible space is also available such as hot desk space and licences in fully serviced premises on easy-in, easy-out terms. Rentals are dependent on size of property, length of lease, quality of premises and other variables.
Price guidelines
As a general guideline, industrial unit rentals in Greenwich range from £5.50 to £8.75 per sq ft per annum. Office unit rentals average £12 to £16 per sq ft per annum, with some of the top notch space asking up to about £30. Premises rentals are normally for a minimum period of five years, and are subject to five-yearly rent reviews.