Victoria At a glance...
- Centred around Victoria Station
- Direct Rail Link to London Gatwick Airport
- Close to St James’s Park, Buckingham Palace, Westminster and the River Thames
- Home to major government departments
- Major developments have provided large corporate office space in Victoria
- Cost of office rental in Victoria is lower than nearby Mayfair and St James’s
...there has been so much redevelopment and some magnificent Grade A office buildings with huge floor plates have been created.
Victoria: a commercial guide for businesses looking for office space in London
Michael Fraser:Victoria is immediately South of St. James’s, and of course its main attraction is the Victoria Station itself. There are plenty of tubes, Victoria, St. James’s Park, but the big issue here is Victoria Station serving so much of the country to the South.
Despite having Victoria Station for years and years, the whole area was largely occupied by government departments and that sort of thing, largely because of its proximity to Parliament just up the road.
Now, it’s radically changed because there has been so much redevelopment and some magnificent Grade A office buildings with huge floor plates have been created. In fact, you end up with some of the corporates and the large companies who perhaps would’ve been in Mayfair or possibly St. James’s. They’ve moved into Victoria because the product that they need is there.
It does cost a little bit less than Mayfair, but frankly not that much now, as the area is getting stronger and stronger. As I say and stress, it’s because the product is there, and not for the first time, tenants are being able to move area in order to find the space that they actually need.
Looking for office space in Victoria?
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Victoria Office Rental Guide
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NB. Leased office rents, rates and service charge are quoted per ft2 per year. The above rental estimates reflect good quality (but not prime) air conditioned offices. More expensive and cheaper accommodation will generally be available. Rent rates and service charge estimates are only intended as a guide. Office space is often available with costs outside these guidelines. Negotiated rent free incentives will often make the net effective rent, lower than the above estimates. Business rates payable will vary from year to year, changing each April, due to annual changes in the Uniform Business Rate. Higher rates are paid for brand new buildings. Rent quoted in the City of London financial district is assumed not to be in a tower, where rents can be significantly more expensive |
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| Conventional Lease (per ft2 per year) | |
|---|---|
| Rent | £68 |
| Rates | £27 |
| Service Charge | £10 |
| Total Cost | £105 |
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NB. Serviced office rents are quoted per desk per month. Serviced offices provide an all-inclusive fully furnished solution with telecoms, internet and power and business rates all included with the rent in a single monthly payment. Office rental rates exclude VAT. Serviced office rental costs also apply broadly to co-working office space. |
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| Serviced Space (per desk, per month) | |
|---|---|
| Total Cost | £600 |
Compare office rent in Victoria to rent other London locations.
Use the office space calculator to work out how much space you need, and how much it will cost to rent office space in Victoria.
About Victoria
Victoria is situated in the City of Westminster, south of Green Park and Buckingham Palace and north of the River Thames.
The main reason to rent office space in Victoria is Victoria Station itself, which serves the vast commuter belt in the Southern home counties. Gatwick Express provides a direct, regular train service between Victoria and London Gatwick Airport.
Next door to Westminster, Victoria has historically been home to major government departments.
More recently, major new developments in Victoria have provided corporate office space with large floor areas for lease. As a result, many large, established companies from Mayfair and St James’s have opted to rent office space in Victoria instead. This makes good financial sense as the cost of office rental in Victoria still remains lower than in the West End core.
The rise of serviced offices in Victoria mirrors the overall increase of flexible, serviced office space throughout London, as many businesses now need space quickly, efficiently and without a long term commitment. Coworking office space, virtual offices and business addresses along side meeting room hire are increasingly popular options in Victoria for the modern business.
Map of Victoria
Tube Stations
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Victoria
- Circle
- District
- Victoria
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St. James's Park
- Circle
- District
National Rail Stations
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London Victoria
Bike Docking Stations
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Ashley Place, Victoria
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Howick Place, Westminster
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Queen Mother Sports Centre, Victoria
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Belgrave Road, Victoria
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Kings Gate House, Westminster
Leisure & Culture in Victoria
- Restaurants: Goring Dining Room, About Thyme, Olivo, Boisdale of Belgravia
- Bars & Pubs: Grosvenor Gardens, Eaton Square Bar, Thomas Cubitt
- Health & Fitness: The Fitness Suite, White Rooms Fitness
Business in Victoria
- Many established companies from Mayfair and St James’s have relocated to office space in Victoria.
- Office rents in Victoria remain lower than core West End office space.
- Gatwick Express provides direct rail link to London Gatwick Airport
- Major new developments have provided large corporate office space in Victoria.
Popular Business Addresses in Victoria
The most sought after office locations within Victoria include:
Types of Office available in Victoria
These types of office can all be found in Victoria:
Near Victoria
Other commercial office locations near Victoria
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Victoria Street, Victoria, London, SW1H Shortlisted
Victoria
from £49.50 per ft2 per year- Leased
850 - 7,432 sq ft of fitted office floors at 20 Victoria Street, SW1. The building benefits from a newly remodelled ground floor reception area, communal cycle storage and shower facilities, and fanta…
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Francis Street, Victoria, London, SW1P Shortlisted
Victoria
from £69.50 per ft2 per year- Leased
Unique creative office space fitted out by interior designer Fiona Barratt to the highest standard.A stunning and impressive fitted space with an abundance of natural light throughout and immense arch…
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Queen Anne's Gate, Victoria, London, SW1H Shortlisted
Victoria
from £62.50 per ft2 per year- Leased
- - Plug and Play
- - Air-conditioning
- - Raised floor to 4th floor
- - Boardroom at 4th floor
- - Concierge
- - Fully-fitted
- - Remodelled reception
- - Two passenger lifts
- - Kitchens
- - Shower facilities
- - Suspended ceilings
- - Meeting rooms
- - Refurbished common parts
- - Optic fibre connection
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Great Peter Street, Westminster, London, SW1P Shortlisted
Victoria
from £38.50 per ft2 per year- Leased
- Fitted Office Space
- Excellent Natural Light
- Westminster Office Address
- Passenger Lift
- Shower Facilities
- Smart Staffed Reception
- Cycle Storage
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Grosvenor Gardens, Victoria, London, SW1W Shortlisted
Knightsbridge
from £55,324.00 per year- Leased
Fully fitted open plan space with good sized meeting room.…
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Victoria Street, Victoria, SW1H 0NF Shortlisted
St James's
from £550.00 +VAT per person per month- Meeting Rooms
- Serviced
- Prime Birmingham
- Flexible Terms
- Meeting Rooms
- Fully Furnished
- I.T & Telephony
- Break out areas
- 24/7 secure access
- Kitchen Facilities
- Daily cleaning
- Private offices
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Buckingham Palace Road, Victoria, SW1W 9SR Shortlisted
Victoria
- Coworking
- Meeting Rooms
- Serviced
- Prime Victoria
- Flexible Terms
- Fully Furnished
- Meeting Rooms
- IT & Telephony
- Kitchen Facilities
- Networking
- Break-out Areas
- Co-working Space
- Private Offices
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Buckingham Palace Road, Victoria, SW1W 9TR Shortlisted
Victoria
from £817.00 +VAT per person per month- Managed
- Prime Victoria
- Period townhouse
- 3,720 square foot
- 50-55 desks
- Self-contained
- Bespoke fit-out
- All-inclusive costs
- Furnished
- Min 24 month term
- Good train links
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Wilton Road, Victoria, London, SW1V Shortlisted
from £57.50 per ft2 per year- Leased
- Air-conditioning
- Perimeter trunking
- Excellent natural light
- Parquet flooring
- LED lighting
- Victoria
from £700.00 +VAT per person per month- Coworking
- Managed
- Meeting Rooms
- Serviced
- Prime Victoria
- Flexible Terms
- Fully Furnished
- IT & Telephony
- Meeting Rooms
- Kitchen Facilities
- Event Space
- Break-out Areas
- Contemporary Design
