Pricing: from £79 to £143 per desk per month
Newcastle is one of the most affordable major cities in England for office space, with desk rates roughly 75 to 80% below central London. The city centre is compact and walkable, with most offices concentrated between Central Station and the Quayside. Supply is predominantly serviced offices, with a growing number of managed options in newer developments along Pilgrim Street and at Newcastle Helix.
Teams considering the North East also look at office space in Leeds, which has larger supply at similar pricing, office space in Edinburgh, around 1 hour 30 minutes north by train with a stronger financial services sector, and office space in Birmingham for teams that want a larger Midlands base.
How Much Does Office Space Cost in Newcastle?
Private offices in Newcastle typically cost between £79 and £143 per desk per month. Here is how pricing breaks down across the main areas.
Quayside
The most expensive area in the city, sitting at the top of the Newcastle range.
The stretch of offices along the north bank of the Tyne between the Tyne Bridge and Redheugh Bridge. Modern Grade A buildings with river views, home to professional services and legal firms. Central Station is around a 10 minute walk uphill.
City Centre (Grey Street, Pilgrim Street, Cloth Market)
Premium pricing, comparable to the Quayside.
Newcastle's traditional commercial core. Grey Street is regularly cited as one of the finest streets in England, lined with Grade I listed Georgian buildings. The Pilgrim Street regeneration is delivering significant new Grade A stock, including Cubo Newcastle at Bank House. Wizu Workspace Portland House and The Racquets Court are also in this area. Central Station and Monument Metro are both within five minutes. This is where most of the city's serviced office supply is concentrated.
St James' Gate and Gallowgate
Upper mid-range, slightly below the Quayside and city centre.
The area around St James' Park, northwest of the city centre. A growing business and leisure district with newer office buildings. Central Station is a short walk south. Pricing reflects the slightly less established commercial address compared to Grey Street or the Quayside.
Newcastle Helix (Science Central)
Mid-range, with pricing reflecting the mix of serviced and semi-serviced space.
An innovation and science campus on the western edge of the city centre, developed in partnership with Newcastle City Council and Newcastle University. The campus houses tech, science and research businesses. Good for companies that want proximity to the university ecosystem. Around a 15 minute walk from Central Station.
Out-of-Centre (Cobalt Business Park, Gosforth, Gateshead)
The most affordable options, sitting at the bottom of the Newcastle range.
Business parks north and south of the city centre offering significantly lower desk rates. Large out-of-town parks in North Tyneside and Gateshead Quays offer river views at lower pricing than the Newcastle side. These locations suit teams that prioritise parking and space over a city centre postcode. Metro connections are available but journeys to the centre take 15 to 25 minutes.
