Office space on Bond Street is not the first form of commercial property one thinks of when musing on the iconic street. Regarded as one of the best shopping streets in the world, one thinks of the exclusive brands, designer fashion stores, luxury goods, fine jewels, art and antiques.
Indeed, Bond Street is the home of an A-Z of high-end designer brands such as Alexander McQueen, Asprey, Blancpain, Chanel, Church’s, Hermès, Ferragamo, Jimmy Choo, Miu Miu, Patek Philippe, Rimowa, Tiffany & Co., Tod’s, Stella McCartney, and Van Cleef & Arpels, to name just a handful, and esteemed auction houses such as Bonhams and Sotheby’s.
However, to many, office space on or near Bond Street is as revered as the retail space.
Situated in the exclusive district of Mayfair in London’s West End, Bond Street links Piccadilly in the south to Oxford Street in the north, meaning that excellent amenities, facilities and transport links combine with a business address that is attached to world-class prestige as well as a fascinating heritage.
The street was built in the late 17th century on the fields surrounding Clarendon House on Piccadilly, which were developed by Sir Thomas Bond, an English landowner and Comptroller of the household of Queen Henrietta Maria, the mother of Charles II.
He was the head of a syndicate of developers who purchased Clarendon House that proceeded to demolish the house and develop the area. At that time, the property backed onto the open fields, known as Albemarle Ground, and the broader development of Mayfair had just begun.
The Latin motto of the Bond family is ‘Orbis non sufficit,’ which translates to ‘The world is not enough.’ Sir Thomas, who has one of the most famous streets in the world named after him, is also known today as the supposed ancestor of the fictional spy James Bond. Sir Thomas’s family motto is shown as the spy’s family motto in the film On Her Majesty’s Secret Service and also became the title for the 1999 Bond film The World Is Not Enough.
By the end of the 18th century, Bond Street had become a popular place for the upper-class residents of Mayfair to socialise. However, during the 19th century, it became less known for its social atmosphere but had increased its reputation as a street for luxury goods and extraordinary items.
Samuel Baker founded Sotheby’s at 34-35 New Bond Street in 1744. The sculpture over the entrance to the auction house is the feline-featured figure of the ancient Egyptian goddess Sekhmet. Sekhmet was a goddess of healing in the Egyptian pantheon. It is believed to date from around 1600 BC and is the oldest outdoor sculpture in London.
The auctioneer Phillips was established on the street in 1796, specialising in stringed instruments and sheet music and the jewellers Asprey opened in 1830. Luxury luggage and trunk maker Finnigans opened its New Bond Street shop in 1879.
A few years earlier, in 1876, the Fine Art Society, specialising in handling Scottish and British art, design, and decorative arts, was established on the street.
Today, the street, which is just 0.5 miles (0.8 km) long, is one of the most sought-after strips of commercial real estate in the world. Although many of the shop frontages are less than 20 feet (6 m) wide, many international brands choose the street for their flagship stores.
Bond Street Station, on the Elizabeth Line and the underground Central Line, effectively serves the street. However, when passengers exit the underground station, they find themselves on Oxford Street.
New Bond Street is around 500 yards (460 metres) away, leading onto Old Bond Street.
Old Bond Street was originally developed from Piccadilly. In the early 18th century, a new street was extended up to Oxford Street. This extension was called New Bond Street, and the existing street became Old Bond Street.
The residents who lived in the vicinity called the whole area Bond Street, and, over time, this stuck, leading to the development and naming of Bond Street Station.
Today, businesses can choose to rent office space within footsteps of Bond Street Station or lease space on conventional leasehold terms.
There is also an increasing number of options from luxury office providers and workspace operators that offer flex space solutions, including private serviced office spaces, managed office suites and co-working spaces.
The serviced offices in Bond Street and the other flexible office and workspace options offer all-inclusive rental pricing, short-term commitment contracts, premium amenities, and the best shopping in the world on the doorstep.