Croydon is London’s second best office location

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Croydon has been named as the second best office location in London by Property Week.

Coming second to Bromley in the magazine’s list, compiled with the help of property consulting group CACI, Croydon scored top marks in all but two categories, with Property Week saying: “It is no suprise that as an area of significant redevelopment, Croydon sits in the top five sought-after office locations. It continues to see an influx of major office occupiers relocating away from the centre of London to this more amenable location.”

The ranking takes into account a number of variables, including the volume and demographics of the current workforce, the public transport accessibility level (PTAL), the quality of the retail and catering offer and wifi connectivity. Each location is ranked on each metric and assigned an A to E grade (A being most favourable).

John Platt, director of CACI, said: “It may come as a surprise to many that several of the major central London office markets fail to make it into the top five,” citing the City of London and Canary Wharf, and explained it was because the methodology considers the local amenities against worker population.

Croydon dropped to second in the list of locations for co-working providers, being overtaken by Bristol. It remains ahead of Barnet, who sit in third.