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The 2026 Guide to Opening a Coworking Space in Leeds

Thinking of opening a space in Leeds? With a population of 800,000 and only 55 existing spaces, the market is moderate.

Moderate Market

Financial Feasibility

Understanding the costs and revenue potential in Leeds

Average Commercial Rent

$27

per square foot

The average commercial rent in Leeds is $27 per sq ft. This is a key factor in determining your break-even point and pricing strategy.

Average Desk Price

$260

per month

To break even, you'll need to charge competitive rates. The average hot desk in Leeds goes for $260/month, giving you a benchmark for pricing your space.

Infrastructure & Connectivity

Essential infrastructure for modern coworking spaces

Internet Speed

110 Mbps

Great

Coworking relies on speed. Leeds boasts an average internet speed of 110 Mbps, making it great for remote workers and digital nomads who depend on reliable, fast connectivity.

Competition Analysis

Understanding the competitive landscape in Leeds

Existing Competitors

55

coworking spaces

There are currently 55 existing coworking spaces in Leeds, representing approximately 6.9 spaces per 100,000 residents.

Market Status

Moderate

With 6.9 spaces per 100k residents, Leeds has a moderate market. Success will depend on location, amenities, and clear value propositions.

Note: All values are approximate modeling numbers, not exact figures. Populations are based on Census/Vintage 2024 estimates. Desk prices and internet speeds are calibrated from national reports and rounded for clarity.

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