Workspace Pricing Guide

Learn how to price your workspace competitively and maximize your earnings with our comprehensive pricing guide.

Key Pricing Factors

Understanding these factors will help you set competitive and profitable rates for your workspace.

Location & Area

Prime locations in city centers typically command higher rates than suburban areas.

  • Research local market rates
  • Consider transport links
  • Factor in local amenities

Capacity & Size

Larger spaces and higher capacity workspaces can charge premium rates.

  • Price per person vs. flat rate
  • Consider flexible capacity
  • Optimize space layout

Amenities & Features

High-quality amenities justify higher pricing and attract more bookings.

  • High-speed WiFi is essential
  • Coffee and refreshments add value
  • Meeting rooms increase rates

Booking Duration

Longer bookings often receive discounts, while hourly rates are typically higher.

  • Offer daily/weekly discounts
  • Consider minimum booking periods
  • Flexible cancellation policies

UK Market Rates

Average workspace pricing across major UK cities. Use these as benchmarks for your own pricing strategy.

Central London

Hourly
£25-45
Daily
£180-350
Weekly
£800-1,500
Monthly
£2,500-5,000

Greater London

Hourly
£15-30
Daily
£120-250
Weekly
£500-1,000
Monthly
£1,800-3,500

Manchester

Hourly
£12-25
Daily
£80-180
Weekly
£350-750
Monthly
£1,200-2,500

Birmingham

Hourly
£10-22
Daily
£70-160
Weekly
£300-650
Monthly
£1,000-2,200

Edinburgh

Hourly
£12-28
Daily
£85-200
Weekly
£400-800
Monthly
£1,400-2,800

Bristol

Hourly
£11-24
Daily
£75-170
Weekly
£320-700
Monthly
£1,100-2,400

Rates shown are for standard desk spaces. Premium locations, private offices, and spaces with exceptional amenities may command higher rates. Data updated quarterly based on platform bookings.

Pricing Strategies

Choose the right pricing strategy based on your workspace type, location, and business goals.

Premium Positioning

Position your workspace as a premium offering with top-tier amenities and service.

Pros

  • Higher profit margins
  • Attracts quality clients
  • Less price competition

Cons

  • Smaller target market
  • Higher expectations
  • Requires consistent quality

Best For

High-end locations with excellent amenities

Competitive Pricing

Price competitively with similar workspaces in your area to maximize bookings.

Pros

  • Higher booking volume
  • Easier to attract customers
  • Good for new providers

Cons

  • Lower profit margins
  • Price competition
  • May devalue your offering

Best For

Standard workspaces in competitive markets

Value-Based Pricing

Price based on the unique value and benefits your workspace provides.

Pros

  • Reflects true value
  • Sustainable pricing
  • Customer satisfaction

Cons

  • Requires clear value proposition
  • May need market education
  • Complex to implement

Best For

Unique or specialized workspaces

Pro Pricing Tips

Expert advice to help you optimize your pricing and maximize bookings.

Dynamic Pricing

Adjust your rates based on demand, seasonality, and local events. Higher rates during peak times, competitive rates during slower periods.

Volume Discounts

Offer discounts for longer bookings or repeat customers. This encourages loyalty and provides predictable income.

Value Communication

Clearly communicate what's included in your pricing. Highlight unique amenities and services that justify your rates.

Cost Analysis

Calculate your costs (rent, utilities, maintenance, platform fees) to ensure your pricing covers expenses and generates profit.

Flexible Options

Offer multiple pricing options (hourly, daily, weekly) to cater to different customer needs and maximize utilization.

Regular Reviews

Review and adjust your pricing regularly based on booking patterns, customer feedback, and market changes.

Ready to List Your Workspace?

Use our pricing insights to set competitive rates and start earning from your workspace today.