The 2026 Guide to Opening a Coworking Space in Sheffield
Thinking of opening a space in Sheffield? With a population of 560,000 and only 35 existing spaces, the market is moderate.
Financial Feasibility
Understanding the costs and revenue potential in Sheffield
Average Commercial Rent
$23.9
per square foot
The average commercial rent in Sheffield is $23.9 per sq ft. This is a key factor in determining your break-even point and pricing strategy.
Average Desk Price
$220
per month
To break even, you'll need to charge competitive rates. The average hot desk in Sheffield goes for $220/month, giving you a benchmark for pricing your space.
Infrastructure & Connectivity
Essential infrastructure for modern coworking spaces
Internet Speed
98 Mbps
Coworking relies on speed. Sheffield boasts an average internet speed of 98 Mbps, making it good for remote workers and digital nomads who depend on reliable, fast connectivity.
Competition Analysis
Understanding the competitive landscape in Sheffield
Existing Competitors
35
coworking spaces
There are currently 35 existing coworking spaces in Sheffield, representing approximately 6.3 spaces per 100,000 residents.
Market Status
With 6.3 spaces per 100k residents, Sheffield 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.
Launch Your Coworking Space in Sheffield with Easy Space
Don't let high software costs eat your margins. EasySpace helps new spaces in Sheffield launch with 0% commission fees and transparent pricing.