Best Value Coworking Spaces in East London
5 March 2020
Coffee and hipsters. Pie and mash shops. The truth is, East London is so diverse it defies definition. And the same goes for its business scene. Once home to independent artists and small creative enterprises, East London attracts businesses from a wide range of sectors, while somehow managing to retain its unique identity.
Revolut, Deliveroo and Monzo are a handful of the tech disruptors that inhabit the City Fringe part of East London today. Well-known brands like Ford Mobility, MatchesFashion and BT Sport have set up camp even further east in Stratford’s Here East.
So what makes East London so attractive? Mainly, it’s the area’s:
- Access to talent (local universities and business incubators)
- Excellent transport links making commuting to the City and West End quick
- Affordable and well facilitated flexible workspaces
Let’s hone in on the last point.
The following are some of the best value coworking spaces in East London, based on a combination of price, location and amenities.
Huckletree & Haus – Shoreditch
With 22 coworking spaces in the Shoreditch/Old Street area and more on the way, the entrepreneurs who hang out in this part of town aren’t short of networking opportunities.
Huckletree’s Shoreditch workspace (it has others in London, Manchester, Dublin and west London) is located in the historic Alphabeta building on Finsbury Square.
It’s an accelerator as well as a coworking space — startups at pre-seed stage can join a 12-week long intensive programme. Perks include events, sports facilities, weekly breakfasts and access to urban gardens. Prices start from £250 pcm + vat.
At just £95 pcm + vat, a Haus membership really is a bargain. But that doesn’t mean you’ll be getting access to bargain basement building and amenities. Oh no.
Haus’ Shoreditch venue is situated in the historical Old Street Magistrate Court and Police Station on Old Street and is well set up for meetings and hot desking. Coffee, wi-fi, weekly networking events and access to all of Haus’ London locations are just some of things members benefit from.
Members also get 10 hours of guest passes per month.
Plexal & The Trampery @ Here East – Stratford
The 2012 London Olympics put Stratford firmly on the map and it’s been proving a popular spot for some of the most innovative companies in the capital ever since.
Here East, a “dedicated campus, for innovators, disruptors, visionaries and locals” contains two flexible workspaces — The Trampery and Plexal.
The former has transformed the 2012 Olympics’ Broadcast centre into 21 freestanding single and double-storey studios for creative businesses. Key features include natural light, a sink, electric heating and an outside area with spectacular River Lea views.
Plexal is an innovation centre and coworking space with a focus on collaboration. Its programmes connect startups and scaleups with industry, academia and investors. The space is also home to Eagle Lab at Plexal: Barclays’ flagship workshop with 3D printers and a VR/AR zone where innovators can prototype solutions and get ready for Industry 4.0.
Not bad for £220 pcm for a hotdesk, huh?
Mainyard Studios – Mile End
Mainyard Studios, a relatively new coworking operator with multiple locations across East London (and one in Wimbledon), transformed a drab old council office into a vibrant space for local creatives. The building itself is situated by a cycle superhighway, with Bow Road and DLR Bow Church just a couple of minutes walk away.
The workspace on Bow Road contains 32 private offices, 20 coworking desks and a music studio. Prices start from £200 pcm for a dedicated desk.
Bernie J Mitchel who runs London Write Club at Mainyard, says:
“I’ve been in an around Mainyard Studios since it first started and it has been the making of me. Years later I’m firm friends with people I first met there and we have supported each other non-stop in our freelance lives.
“Mainyard seems to attract a mix of creative folk who have their sleeves rolled up and are ready to pour their heart and soul into their work.”
WeWork & Second Home – London Fields
Since the arrival of the Overground in 2007, London Fields has become a fashionable hotspot for creative startups looking for a relatively inexpensive place to lay their hat.
Second Home is certainly no wallflower, with its vibrant orange steel ramp and woven translucent membrane facade. But what really sets it apart from others in the area is its dedicated nursery for members. (See here for more coworking spaces with childcare.)
Desks at Second Home in London Fields start at £250 pcm. The price includes all the workspace services and access to their Breakthrough education programme.
Just over the road is WeWork, spanning four storeys of private offices, coworking space and breakout areas — as well as a private roof terrace. It’s dog friendly and close to the Overground at London Fields, as well as Market Cafe which serves brunch, lunch, dinner, cocktails…you name it. Hotdesk memberships start at £200 pcm.
Creative Works – Walthamstow
Creative Works has everything an East London business needs to thrive, from access to free 1:1 business clinics and networking events at one end of the spectrum to free fruit and locally sourced coffee at the other. Dedicated desks start at £200pcm + vat, but part-time options are also available for those who want to pop in for a bit of a productivity boost.
Follow Creative Works on Instagram to get a peek into what goes on in the workspace and the working lives of its members.
If you’re looking for an office in East London and none of the workspaces above tickle your fancy, get in touch with us and we’ll see what we can find.
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