Best areas to open financial / a2 office in London
33 London local authorities ranked by the Gera Business Location Score — real rent, wages, rates and market density.
Where is the best place to open a financial or professional A2-use office in London?
In London, the best area to open a financial or professional A2-use office is Bexley, with a Gera Business Location Score of 57.8/100: premises at £149/m²/yr and local median pay £27,441. Westminster ranks lowest of 33 London authorities at 11.6/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top London area for financial / a2 office: Bexley.
How this is calculatedLondon ranked for financial / a2 office
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Bexley | 57.8/100 | £149 | £27,441 | £6,437 |
| 2 | Waltham Forest | 56.2/100 | £161 | £28,880 | £6,955 |
| 3 | Greenwich | 55.4/100 | £158 | £30,787 | £6,826 |
| 4 | Lewisham | 54.9/100 | £134 | £34,965 | £5,789 |
| 5 | Enfield | 54.6/100 | £167 | £31,252 | £7,214 |
| 6 | Redbridge | 54.3/100 | £194 | £28,125 | £8,381 |
| 7 | Bromley | 54/100 | £159 | £33,520 | £6,869 |
| 8 | Barking and Dagenham | 53.8/100 | £169 | £32,433 | £7,301 |
| 9 | Barnet | 53.7/100 | £183 | £30,926 | £7,906 |
| 10 | Sutton | 53.4/100 | £155 | £35,113 | £6,696 |
| 11 | Havering | 53/100 | £185 | £31,874 | £7,992 |
| 12 | Croydon | 51.7/100 | £180 | £34,987 | £7,776 |
| 13 | Haringey | 51.1/100 | £241 | £27,716 | £10,411 |
| 14 | Brent | 49.8/100 | £227 | £32,335 | £9,806 |
| 15 | Hackney | 49.7/100 | £190 | £37,736 | £8,208 |
| 16 | Harrow | 49.6/100 | £231 | £32,208 | £9,979 |
| 17 | Merton | 48.9/100 | £235 | £32,983 | £10,152 |
| 18 | Hillingdon | 47.7/100 | £215 | £37,941 | £9,288 |
| 19 | Ealing | 46/100 | £271 | £33,592 | £11,707 |
| 20 | Hounslow | 45.4/100 | £244 | £38,422 | £10,541 |
| 21 | Richmond upon Thames | 45/100 | £274 | £35,263 | £11,837 |
| 22 | City of London | 43.5/100 | £485 | £67,064 | £20,952 |
| 23 | Lambeth | 43.5/100 | £244 | £42,039 | £10,541 |
| 24 | Wandsworth | 42.5/100 | £292 | £37,534 | £12,614 |
| 25 | Kingston upon Thames | 42.2/100 | £301 | £36,898 | £13,003 |
| 26 | Southwark | 37/100 | £300 | £47,136 | £12,960 |
| 27 | Islington | 36.7/100 | £290 | £49,624 | £12,528 |
| 28 | Newham | 36.6/100 | £363 | £39,117 | £15,682 |
| 29 | Hammersmith and Fulham | 36/100 | £339 | £44,042 | £14,645 |
| 30 | Camden | 31.2/100 | £377 | £48,822 | £16,286 |
| 31 | Tower Hamlets | 29.3/100 | £316 | £59,974 | £13,651 |
| 32 | Kensington and Chelsea | 23.8/100 | £554 | £38,541 | £23,933 |
| 33 | Westminster | 11.6/100 | £676 | £49,973 | £29,203 |
Frequently asked questions
- What is the cheapest area for financial / a2 office premises in London?
- The lowest VOA rateable value for this property type in London is £134/m²/yr in Lewisham. On the combined Gera Business Location Score, which also weighs wages and demand, Bexley ranks #1.
- How much are business rates for financial / a2 office in Bexley?
- For a 100 m² unit in Bexley, business rates are roughly £6,437/yr at the 2026-27 small-business multiplier (43.2p), on top of about £14,900/yr rent — before Small Business Rate Relief.
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Contains public sector information published by Valuation Office Agency and Office for National Statistics and licensed under the Open Government Licence v3.0. Source: VOA Business Floorspace + ONS Business Counts + ONS ASHE (work geography) + ONS population estimates (2025 (VOA 31 March 2025; ASHE 2025 provisional; Business Counts 2025; population mid-2024), published December 2025).