North East London Offices to Rent
Your search for NE London office space begins here. All you have to do is select the location you are interested in and view the office space. NE London is an up and coming area and a great place to base your business. With a wide range of high profile development programs underway and in the pipline, prime business locations such as Ilford and Rainham will become highly sought after in the not too distant future. Have a look through our currently available NE London office space listings or give us a call on 020 3965 9617.
Featured North East Business Locations
Office Rental Costs & Considerations
Currently, businesses in North East Greater London can reach a large catchment area that includes both central London and Essex. However, the most important consideration is the future potential of this area, which is set to become one of the most economically developed sub-regions in Greater London.
For example, Ilford-based businesses will benefit from the arrival of Crossrail in 2018-2019. The town centre has been identified as one of London's top 10 metropolitan centres, and there is a development plan in place that focuses on strengthening the local retail market and on turning the area into one the primary gateways to East London. In Rainham, a 10-year plan was approved in autumn 2015 in order to regenerate approximately 86 acres of land in the riverside area. This project will result in the creation of 1.4 million square feet of logistics and industrial space.
Also in Rainham, local authorities expect to see an increase in business opportunities in leisure and tourism, whereas in Dagenham growth is likely to come from the low carbon and environmental technology sectors once new facilities like the London Sustainable Industries Park are completed.
Other future developments to be taken into account include the London Riverside development plan, which is part of City in the East project and entails the creation of a Business Improvement District, and the development of more than 47 acres of brownfield land by 2020. One of the plan's key proposals includes the establishment of London's first Creative Industry Zone, which will result in the creation of new workspaces near Barking station and in the Ice House Quarter. This will complement the existing commercial real estate offer, whose main bases are Orion Park in Barking (industrial and warehousing space), and Dagenham Business Centre and Barking Enterprise Centre (office space).
On this note, we would like to highlight Romford as a primary hub for office space within the borough of Havering, and its potential for further expansion once the area is directly linked with Heathrow airport via Crossrail trains.
Business in North East Greater London
The distribution, hotel, and restaurant industries employ almost 30 per cent of the total workforce in North East Greater London. Retail, entertainment, and leisure are also an important part of the local business scene, particularly in Romford, which also has a thriving night time economy. In fact, the retail sector in Romford is among the top 10 in London, and ranks 4th in the Thames Gateway area.
In Barking, many local businesses are involved in the visitor economy, as this district receives more than 25 million visitors every year. The knowledge-intensive sector is present, but on the whole this industry is not as developed here as it is in the rest of Greater London, although the IT and digital sectors are expected to grow substantially within the next 10 years. Lastly, there is a large cluster of manufacturing firms in Rainham. Key employers in North East Greater London include Ford, Hapag Lloyd, Dairy Crest, and British Bakeries.
About North East Greater London
North East Central London spans the boroughs of Havering, Barking & Dagenham, and Redbridge, most of which are within 15 miles of central London. The area is bordered by the A12 to the north, the M11 and North Circular Road to the west, and the M25 to the east. On the whole, this is a prime business location and a major commercial centre that benefits from frequent and fast connections with central London and the financial district in Canary Wharf, which is only 7 miles away from Barking. The major transportation hub of Liverpool Street is 25 minutes away from most parts of North East Greater London, and travel times will be further reduced once the Crossrail project is completed. The nearest airport is London City.
Certain areas of North East Greater London (and in particular those around Barking and Dagenham) have undergone a massive transformation as a result of the Olympics. Moreover, a number of development projects have been given the green light and aim to attract higher levels of inward investment to towns and commercial areas within Redbridge and Havering.
The main business districts are Ilford, Barking, and Romford, and the most prominent up-and-coming commercial areas are located in Hornchurch and Rainham.
Fill in the enquiry form above or call 020 3965 9617 now for free expert advice.