Introduction to Aldgate
One of the oldest areas of London, Aldgate boasts an extraordinary setting with a vibrant modern feel. Surrounded by beautiful scenery and architecture, it forms a naturally creative hub for prospective tenants. For the past ten years, Aldgate has become the commercial nucleus for many multinational companies and towering skyscrapers have moved in next to prominent historical buildings.
Aldgate is found in the City Fringe, marking an intermediate zone between London’s financial district and East London. On the boarder of the City of London, the area has become a prime residential spot as well as a distinguished centre of commerce.
Nearby places of interest
A stone’s throw from Central London and with excellent transport links, Aldgate’s premium location means office tenants can be among the city’s main tourist sites within minutes. Iconic landmarks like the Tower of London, The Gherkin, The Bank of England, St Paul’s Cathedral and City Hall are less than ten minutes away. Proximity to open green spaces like Altab Ali Park presents the opportunity for refreshing al fresco dining at lunch, when the weather permits.
With countless galleries, museums, monuments and event venues nearby, tenants of offices in Aldgate can easily entertain clients. London’s grand Victorian past is preserved through Leadenhall and Old Spitalfields Markets, which are both within walking distance, boasting beautiful cafés and restaurants.
Already in the neighbourhood
Aldgate is renowned for its insurance companies and financial corporations amongst others. AXA, RAC Insurance Direct, London Metal exchange, Maersk Shipping and IHM all have their headquarters located within this booming business district. Prominent companies like The Willis Group and Lloyd’s Register occupy pronounced skyscrapers around the area, lending to an extraordinary skyline and highly sought-after address.
Aldgate was the eastern gateway through the walled city of Londinium, the Roman settlement that stood before London. It is believed the name ‘Aldgate’ has transformed from ‘Ael-gate’. Ael is the Anglo-Saxon word for ‘foreigner’ and it is suggested the name refers to the point where foreigners were either granted or denied access into the city.
The old ‘Aldgate Pump’ stands at the junction of Leadenhall Street and Fenchurch Street, nodding to the area’s rich history. From the 18th Century this pump was used as a marker from which to measure distances up to Essex and Middlesex.
Famous historical Aldgate inhabitants include the iconic 14th century poet, Geoffrey Chaucer and the infamous Thomas Fauconberg, who set alight to the city limits when he was refused entry after attempting to reinstate Henry VI to the throne.
Population and demographics
Predominantly made up of young professionals, the average age of the Aldgate population is 31, with 65% of inhabitants educated to degree level. In recent years Aldgate has become a highly desirable place to live, largely due to its proximity to many offices as well as trendy districts like Shoreditch or Brick Lane.
Aldgate has been awarded the highest Public Transport Access Level by Transport for London. Its central location means tenants benefit from many transport options within easy access and there are also dozens of Barclays City Bike ports nearby.
The two mainline rail links are Liverpool Street and Fenchurch Street stations and the Docklands Light Railway is accessible at Tower Gateway station.
With direct rail to major stations with airport links—Kings Cross and St Pancras International, Victoria, Paddington and Liverpool Street—tenants here will be nationally and internationally connected.
Aldgate is part of the Crossrail network and from 2018, journey time to a wide network of stations will be significantly shortened, meaning a trip from Heathrow to Liverpool Street will be just 32 minutes.
Many buses stop in and around Aldgate Bus Station, including the following services: 15, 25, 40, 67, 78, 100, 115, 135, 205, 254, N15, N205, N253, N550, and N551.
Found in travel zone 1, there are five underground stations around Aldgate, which are serviced by the District, Hammersmith & City, or Circle lines: Aldgate, Aldgate East, Tower Hill, Liverpool Street and Monument.