The South Bank of London has long been famed as one of the premier cultural districts of the city, but it has never really become known as a business hub. A lack of transport links saw it struggle in comparison to North London locations.

However, in recent years, investment has poured in, and this has helped transform its perception in a pretty big way. No longer is the South Bank considered an East London outpost, but a sought-after district that businesses are eager to be seen in.

Here are just a few reasons why you should base your company in the South Bank.

Business Boom

As older buildings have been redeveloped and new constructions completed, there have been a number of high-profile business relocations from other areas of London. Al Jazeera and News UK are just two of the media companies that decided they could benefit from a South Bank location.

The tech scene has also been growing fast.

HSBC have leased part of the Blue Fin building specifically to house their innovation team, and the co-working company WeWork has just announced plans for the world's largest co-working space. This activity has not gone unnoticed by industry experts, who predict that the South Bank could snatch Shoreditch's crown as London's foremost tech hub.

In general, the combination of lower rents and superb access to the capital's many facilities are convincing factors behind the South Bank's recent business success.

Lifestyle

Of course, any forward thinking company also wants to be near thriving leisure facilities, and in that regard, the area has few rivals - its number of cultural attractions is second to none.

The Tate Modern Theatre and iconic South Bank Centre ensure there are ample delights for lovers of the arts, and ideal places to spend time with prospective business clients! In addition, the National Theatre, London Eye, and iconic Ministry Of Sound nightclub are all located in the district, giving visitors and employees plenty of options in their leisure time.

The South Bank is also in very close proximity to some of the most well-known sights in the city - Big Ben and Covent Garden are just a 10-15 minute walk away.

Transport Links

Poor travel connections of the past have long gone. In fact, the South Bank is now one of the better connected areas of London. The Jubilee Line extensions of 1999 opened new tube stations and improved existing access throughout East London and across the River Thames.

Workers from the Midlands, Northern England, and Europe can expect to reach Euston Station in less than 10 mins from Waterloo! Access to the south coast is also great - the journey to Brighton is just 1 hour from London Bridge station.

These advancements, combined with a good East London road network have made getting into the area much quicker and easier than it previously was.

Does the South Bank sound like a good location for your business? We have competitively priced office space to let at Lancaster House. Call today to book a viewing and lock-in favourable lease terms.

— Pall Mall Estates have a wide range of low cost commercial properties across the UK.

Take a look at our available spaces here or get in touch with our experienced team here.

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