The short answer: cost per sq ft

London office fit out costs typically range from £45 to £180+ per sq ft, depending on specification, location, building type, and the scope of works. Here is a breakdown by fit out type:

Fit Out TypeSpecificationCost Range (per sq ft)
CAT A Fit OutBase build to landlord standard£35 – £65
CAT B Fit Out StandardFunctional, mid-spec finish£65 – £90
CAT B Fit Out Mid-HighGood quality, some bespoke elements£90 – £120
CAT B Fit Out PremiumHigh-spec, significant bespoke joinery£120 – £160
Ultra-Premium (Mayfair etc.)Luxury finishes, full bespoke£160 – £220+
Office RefurbishmentRefresh without full strip-out£30 – £75
Important: These figures are for construction and fit out only. They do not include furniture (FF&E), AV & technology, professional fees, or landlord contributions. See below for the full cost breakdown.

What drives cost up or down?

The biggest variable in any London office fit out is specification. A standard open-plan office with carpet tiles, grid ceiling, and basic partitions will cost considerably less than a scheme with polished concrete floors, bespoke joinery, feature lighting, and a showpiece reception.

Factors that increase cost

Factors that reduce cost

The full cost breakdown: what's included?

A complete office fit out budget has several components beyond the headline construction cost. Here is a typical breakdown for a mid-specification 5,000 sq ft CAT B fit out in London:

Cost ItemTypical % of BudgetExample (5,000 sq ft)
Construction & M&E55–65%£275,000 – £325,000
Furniture & FF&E15–20%£75,000 – £100,000
AV & Technology8–12%£40,000 – £60,000
Design & Professional Fees8–12%£40,000 – £60,000
Contingency (10%)10%£50,000
Total100%£480,000 – £595,000
Many occupiers underbudget by forgetting furniture, AV, and professional fees. A common mistake is approving a construction budget without allocating for FF&E which can add 25–35% to the total cost.

Cost by London location

Location has a significant impact on fit out cost not just because of specification expectations, but because of practical factors like access restrictions, building type, and contractor logistics.

LocationTypical Premium/DiscountReason
Mayfair / St James's+15 to +30%High spec expected, access restrictions, listed buildings
City of London+5 to +15%Logistics complexity, out-of-hours requirements
Canary WharfNeutral to +10%Estate requirements, large-scale projects
Shoreditch / SohoNeutralFlexible buildings, good contractor access
Southbank / BermondseyNeutral to -5%Modern stock, good logistics

How to build an accurate budget

The most common mistake occupiers make is setting a budget before they have a brief. Budget and brief need to be developed together and both need to be tested against market reality before you commit to a space.

Here is the process we recommend at Setro:

  1. Develop a workplace brief headcount, space requirements, key features, programme
  2. Set an indicative budget range based on sq ft costs for your target specification
  3. Test against the market an independent cost plan from a QS or fit out consultant
  4. Negotiate landlord contributions a fit out contribution or rent-free period is standard
  5. Fix costs before committing design and build routes give earlier cost certainty

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Frequently asked questions

What is included in a CAT B fit out?

A CAT B fit out transforms a CAT A (base build) space into a fully operational, branded office. It typically includes partitioning, flooring, ceiling finishes, kitchen, toilets, reception, furniture, AV, signage, and branding. Essentially everything needed to move in and work.

How long does an office fit out take?

A typical CAT B fit out in London takes 12–20 weeks from instruction to handover, depending on size and specification. A 2,000–5,000 sq ft office typically takes 10–14 weeks on site. Larger or more complex projects may take 20–30 weeks. Design and planning adds 4–8 weeks before the build phase begins.

Can I get a landlord contribution?

Yes in the current London market, most landlords will offer a fit out contribution or rent-free period to attract occupiers. For a new lease, it is reasonable to negotiate a contribution of £15–40 per sq ft, depending on the lease term and market conditions.

Is VAT included in these figures?

No all figures in this guide are exclusive of VAT. Office fit out is subject to standard 20% VAT, which is reclaimable by VAT-registered businesses.