Renting office space in Marylebone is a highly popular choice, and you don’t need to be Holmes and Watson to understand why.
Whilst the district’s famous fictional incumbents resided on Baker Street, businesses of varying sizes choose office space to rent on Cavendish Square, Gloucester Place, Manchester Square, Stratford Place, Wigmore Street and Wimpole Street in which to base their organisations. Some choose iconic buildings such as The Smiths Building on Great Portland Street, which is named after the British engineering company Smiths Industries, which was founded in 1851.
Another British institution that chooses Marylebone as its home is the BBC, who are based at Broadcasting House, which sits in Portland Place and Langham Place. The Grade II* listed Art Deco style has been the corporation’s headquarters since 1932.
The affluent district is fondly referred to as a ‘Village’ as, despite its Central London location, it is comparatively quiet whilst being within walking distance of the amenities and attractions of the capital.
Geographically, Marylebone can be roughly defined as the area bounded by Oxford Street to the south, Marylebone Road to the north, Edgware Road to the west, and Portland Place and Great Portland Street to the east.
Some definitions encompass Regent’s Park and the area immediately north of Marylebone Road, containing Marylebone Station on Melcombe Place.
Marylebone Station, which opened in 1899, provides excellent links with the rest of London and beyond. Further close-by tube links are found at Baker Street, Bond Street, Edgware Road, Great Portland Street, Marble Arch, Oxford Circus, and Regent’s Park tube stations.
The name Marylebone is derived from a church called ‘St Mary’s’, built on the bank of a small stream or ‘bourne’ called the Tybourne or Tyburn, which once ran along what is now Marylebone Lane. The church and the surrounding area later became known as St Mary at the Bourne, which, over time, was shortened to its present form.
Today, the district is popular with a vast range of businesses, organisations, tourists, and residents.
Marylebone boasts a plethora of amenities, including hotels such as The Langham, The Marylebone Hotel, and Nobu Hotel at Portman Square, bars and restaurants such as 108 Bar and Chiltern Firehouse, shops and boutiques such as Daunt Books, and museums such as the Royal Academy of Music Museum and The Wallace Collection.
The Wallace Collection is located at Hertford House in Manchester Square and is named after Sir Richard Wallace, who built the extensive collection, along with the Marquesses of Hertford, in the 18th and 19th centuries. The collection features fine and decorative arts from the 15th to the 19th centuries, with substantial holdings of French 18th-century paintings, furniture, arms and armour, porcelain and Old Master paintings.
Commercial real estate in Marylebone has an equally compelling legacy. A large part of Marylebone, covering 110 acres, was developed by the Portman family and is known as the Portman Estate. Another significant part of Marylebone that includes Marylebone High Street is the Howard de Walden Estate. Both of these estates have aristocratic antecedents and are still run by members of their respective families.
The Portman Estate spans from Edgware Road in the west to beyond Baker Street in the east and north, almost as far as Crawford Street. It covers 68 streets, 650 buildings and four garden squares, including Bryanston Square, Manchester Square, Montagu Square and Portman Square.
The Portman Estate dates back to the 16th century, when Sir William Portman, Lord Chief Justice of King Henry VIII, acquired the freehold on 270 acres of land in 1554. Most of the land remained farmland and meadow until the mid-18th century, but development began during the building boom following the end of the Seven Years’ War in 1763.
Development of the area north of the Marylebone Road around Dorset Square continued after 1815, including the construction of workers’ cottages from 1820 to 1840, later redeveloped as mansion blocks.
The Georgian terraces remain today, as do the garden squares and iconic buildings developed by the estate, including the Selfridges department store, completed in 1909, and The Churchill Hotel opened in 1970 and operated by Hyatt Regency.
Other important estates in Marylebone include Great Portland Estates, which was established in 1959 by Howard and Basil Samuel to invest in properties initially developed by the Dukes of Portland.
The Real Estate Investment Trust (REIT) rebranded to GPE in 2021 and offers leasehold offices to rent in Marylebone as well as managed offices ranging in size from 10 desks to 150+ desks.
Marylebone offers some of London’s prime office spaces to rent on traditional leasehold terms and a growing range of flexible office space and workspace options from a wide range of landlords, office providers and workspace operators.
The flexible office space options in Marylebone include private serviced offices, managed office suites, and coworking desk space memberships. These are occupied through agile, short-term contracts and all-inclusive rental pricing.
These flex space solutions in Marylebone are comprehensively equipped with luxury furnishings, fittings, state-of-the-art technologies, five-star amenities such as barista bars, lounges, and showers, and are operated in sustainable ways to meet the high environmental, social, and governance (ESG) standards of modern business clients.