London, East Central, EC1, EC2, EC3, EC4
buying commercial property in east Central
(Blackfriars, bank, the city of london, Finsbury Circus, St. paul's, farringdon, aldgate, shoreditch, hatton garden).
London East Central; abbreviated by the prefix and postal code of EC, is an area divided into four parts; EC1, EC2, EC3 and EC4 and falls under the jurisdiction of the City of London.
East Central London could be described as the eastern side of downtown; from north to south, the full length of downtown. It is a wide area and is definitively the financial district of the UK; as well as one of the world's most prominent locations for global finance.
Large buildings of modern, cutting edge architecture, mix with the old and historic buildings; where street names highlight the past of London's 1000 year history; further demonstrated by The Tower of London; sitting on the river bank as the gateway to the remainder of East Central.
East Central can be seen for miles; it features the main hub of skyscrapers for the UK. The area has a vibe that suggests that this is the place where the most pioneering social, cultural and commercial trends are financed; that this is indeed where some of the world's most influential decisions will be made.
MONUMENT, TOWER HILL
Monument and Tower Hill are the furthest points east, of East Central, after which the East end starts and postcodes are prefixed with E and the number relative to the micro sector; ie: E1, nextdoor (Whitechapel), encompassing a sudden change in demographic and architecture. Monument has a very key monument that commemorates the Great Fire of London, almost four hundred years ago.
The area is changing and increasingly becoming more resident friendly, as exciting residential developments compete for height and raise standards in living standards to meet the expectation of successful executives working in the area. Many new restaurants have opened to serve many different culinary tastes; The Four Seasons at Tower Hill opened a few short years ago and Citizen M also established a new hotel.
LONDON. FINANCIAL DISTRICT
The Financial District of London comprises of a sector of the City of London, a jurisdiction within central London that hosts some of the biggest financial institutions, as well as some of the world's most important financial transactions and the activities that surround them. The City of London, established before greater London; has it's own mayor, it's own city police force and it's own governing body; The City of London Corporation. The City of London and it's financial district stand on the crossroads of world finance the UK's economics; in 2022 it was crowned the world's top financial district for the second year in a row.
Consider The Bank of England the central point (tube: Bank) and then from there stems a number of the district's primary roads; Princes St, Cheapside, Queen Victoria St, Lombard St, King William St, Cornhill, Threadneedle St and Bishopsgate. The Financial District stretches beyond this but if any corporation considers itself to be important enough to be within the district; being outside of it represents other opportunities in terms of amenities, facilities and ambience.
London's Financial District, more commonly known as The City, is an exciting location providing prestige and high echelon networks.
BLACKFRIARS, ST. PAUL'S, HOLBORN
Located within one quarter of a mile west from the Bank of England; Blackfriars, St.Paul's and Holborn host some very recognisable, iconic buildings in and around St. Paul's Cathedral; new commercial developments offer originality in design, style, facilities and standards in sustainability. Buildings are generally purpose built offices and provide some of the largest office buildings in the UK. Various companies have made it their HQ; including those of the banking, telecoms and media sectors.
The area has a rich history and retains major commercial significance; previously Fleet St was the UK's hub for publishing. Like much of central London, it has diversified and now accommodates a variety of industry sectors.
ST. paul's, EC
Rent Price per Sq Ft: £60 - £71.50
Purchase Price Per Square Foot: £900 - £1260 / Sq Ft
Feature buildings: One New Change, Juxon House, 1 Carter Lane, 4 St. Paul's Churchyard, Transept House, 10 Paternoster Square
Description: Having one of the world's most iconic buildings as a neighbour must be quite a privilege; the contemporary and historic significance of St. Paul's sets the area apart from much else of central London and the cathedral is presumably a welcomed contrast to the economic and capitalist themes practiced by multitude of financial institutions that are well within a small radius. Due to the close proximity to the Bank of England; corporate residents around St. Paul's include major banks, the London Stock Exchange, insurance and pension companies. The City of London, being well aware of St. Paul's appeal; ensure that no new developments block it's visibility from afar; protecting the symbolic value of the Cathedral on London's skyline. The area is further supported by the structure around St. Paul's to increasingly resemble a square. The river front is also a short walk away and pedestrians can make use of the Millenium Bridge to walk across to the Tate Modern Gallery. Prices vary quite considerably in the area, as reflected in the price range shown above; this is due to the exact positioning of the office, it's condition and quality. A number of the buildings are of an older nature, whereas some are new, made with high grade materials, design and efficiency.
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The information displayed here comprises of a location summary, of which Mountesque Ltd makes no warranty as to the accuracy or completeness of the information, which is to act as a guide at the viewers discretion. Whilst the information is periodically maintained by Mountesque; they are subject to market, economic and geographic changes and influences, as well as individual and collective interpretation and viewpoint. Please contact us directly for direct assistance with enquiries and guidance on our consulting packages.