Best Workspaces | Your Guide to Liverpool, UK Flex Office and Coworking Market

Liverpool: A City of Opportunity

Liverpool’s recent growth is driven by ongoing urban renewal, particularly in the city centre, docklands, and surrounding areas. The Knowledge Quarter, centred around the university, is a key driver, fostering innovation in science, technology, education, and healthcare with Paddington Village as its focal point. Liverpool Waters, a 30-year development, continues to transform the city’s docklands with new residential, commercial, and leisure offerings, including a planned new Everton stadium.

Building upon its renowned musical, cultural, sporting, and industrial heritage, Liverpool continues to enhance its appeal with impressive architecture, a thriving retail and leisure scene, and of course, its globally successful bands and football teams.

While possessing all these attractions, the city is now prioritising the development of high-quality commercial spaces. The Mayor has ambitious plans to expand the office market, recognizing that current rents, though rising, remain significantly lower than those in other major UK cities.

Liverpool has one of the lowest headline office rents of its peers. However, this lower cost base, while historically less attractive to developers and investors, currently presents a significant advantage for businesses of all sizes. (Liverpool’s headline rent is £28.50 per sq ft, a 12% increase year-over-year, but still the second-lowest among the “Big Nine” UK cities. Avison Young Q3 2024)

Liverpool's Thriving Flexible Workspace Community

Liverpool, despite being smaller than some other major cities, boasts a vibrant and close-knit flexible workspace community. This community offers a range of options to suit various business needs and sectors.

Vibrant coworking communities such as Does Liverpool in the heart of the Fabric District, Elevator Studios, along with other creative-focused providers, have curated a creative hub in the Baltic Triangle. For innovative offices and lab spaces, Sciontec has teamed with Bruntwood SciTech, bringing world-class facilities across the city with their newest venture, Hemisphere, opening in Paddington Village this year.

Quality, Convenience, and Choice

The historic waterfront is a magical place to work, with Clockwise providing a premium product in a Grade I listed building in the prestigious Albert Dock.

For views of the waterfront and the Liverpool skyline, head to Brutwood’s amenity-rich Plaza workspace with enviable views from your desk. In the commercial and financial district, Orega and Spaces not only offer quality products but also offer well-located city centre spaces surrounded by amenities.

Flex: Something for Everyone

While market commentary may perceive a lack of quality office space in Liverpool, the flexible workspace market offers a diverse range of high-quality options. These spaces are catering to various business sectors and preferences, ensuring there’s something for everyone, which ever tribe you are in.

About the Author

Hilary Atherton

Hilary leads research at Spaces to Places and brings over 20 years of property expertise. Specialising in analysing property, location, and office data, she uncovers insights to improve location strategy and customer experience. With experience at Sainsbury’s and JLL, Hilary has worked across Europe and Australia.

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