Leeds is one of nation's co-working capitals - but London dominates flexible office space sector

Leeds is one of the country’s co-working capitals, new research has suggested.

Research from CoworkingCafe, a global coworking space search website that is a part of Yardi network, found Leeds has the sixth highest number of coworking offices spaces in the UK with 41.

London leads the way with more than 800 such spaces, making up one-quarter of the total provision across the country. Manchester is in second with 69 followed by Bristol, Birmingham and Edinburgh.

Hide Ad
Hide Ad

The research found that in Leeds, the median price for dedicated desks stands at £179 per month, which is below the national median of £215.

Leeds city centre has multiple co-working office spacesLeeds city centre has multiple co-working office spaces
Leeds city centre has multiple co-working office spaces

Sheffield ranks 13th in the UK by number of coworking spaces, with a total of 22, the same as Oxford.

The median price for dedicated desks in Sheffield stands at £159 per month.

Balazs Szekely, from CoworkingCafe, said: “The cost of coworking subscriptions shows a wide variation based on location, workspace type and additional amenities.

Hide Ad
Hide Ad

"For instance, in the UK, the median monthly rate for dedicated-desk prices closed the second quarter at £215, open workspaces stood at £155 and virtual office prices hovered around the £40 mark. Meeting rooms came in at a median rate of £25 per hour.

“London coworking spaces command the highest median prices, at least for open workspaces (£250 per month), virtual office memberships (£99 per month) and meeting rooms (£45 per hour).

"That said, Brighton and Hove defied the capital’s usual price dominance: Dedicated desks in these cities cost a whopping £35 more per month, possibly due to a combination of high local demand driven by a robust remote work culture and a smaller pool of available spaces — compounded by the city’s premium living costs.

He added: "The UK coworking landscape is characterised by a healthy mix of both international and domestic operators.

Hide Ad
Hide Ad

"Namely, Fora, Workspace Group, The Boutique Workplace Company, WeWork and Landmark Space emerged as the leading players in the top 15 coworking markets, collectively managing almost 10 per cent of the total UK market.”

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.

News you can trust since 1754
Follow us
©National World Publishing Ltd. All rights reserved.Cookie SettingsTerms and ConditionsPrivacy notice