Victoria Office Rental Guide
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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) | |
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| Rent | £68 |
| Rates | £27 |
| Service Charge | £10 |
| Total Cost | £105 |
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Serviced offices provide an all-inclusive fully furnished solution with telecoms, internet and power and business rates all included in the monthly rent.
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| Serviced Space (per desk, per month) | |
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| 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.
...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.
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Available Offices in Victoria
A snapshot of the latest commercial property in Victoria
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An eight storey 55,490 sq. ft. building that was rebuilt in 1985 behind its impressive Edwardian façade as a traditional corporate headquarters office building has now been redesigned to play host to today’s institutions of international commerce amid the very latest in cultural luxury and exclusivity.
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A stunning St James’s townhouse that has undergone a comprehensive refurbishment in 2018 to provide 7,160 sq. ft. of office space over 1st - 7th floors with a flagship retail unit occupied by Wartski Jewellers. The building offers contemporary column free office space with fantastic views over St James’s Street and down to Westminster. A restored double height entrance opens into a marble tiled and walnut panelled reception leading to a new passenger lift serving all floors in the building. Typical floor plates from 1st-5th floor level are 1,150 sq. ft. with the following specification throughout;
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The building was last comprehensively refurbished in 2006. The floor benefits from a high quality flexible open plan fit out, currently configured for 15 open plan workstations, two 8-person meeting rooms, reception and a kitchenette. An assignment of a lease to expire 29th November 2019. The lease is contracted out of the 1954 Act provisions.
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Entered via St James’s Street, the office benefits from a lift to the 4th floor. This office offers a large open plan space with a meeting room overlooking St James’s Street. The large open plan area is complimented by a small tea point, demised WC’s and an additional large private room which can be used as a comms room or a private office.
Large windows fill the space with natural light, offering fantastic views of the area.
Our terms
Service Charge - £17.50 per ft2
Break Clause - Mutual break
Business Rates Payable Approx. - £29.48 per ft2
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Accessed via St James’s Street, the building entrance offers a traditional feel with original wooden features. The building benefits by a 6 person lift and the office space offers two recently decorated large open plan areas for working, each with great floor-to-ceiling heights. These are connected via a small corridor where a small tea point and WC’s are located. The office offers plenty of natural light with fantastic views over St James’s Street.
Service Charge - £10.00 per ft2
Break Clause - Mutual break
Business Rates Payable Approx. - £31.91 per ft2
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Short Term, Excellent Value Offices until 21st June 2021 by way of a Short Form Lease (no Solicitors required). Fully cabled, redecorated, recarpeted, demised kitchen, demised WC’s fibre, Shower on 1st floor.
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Beautifully refurbished Office/Gallery on the ground floor immediately available to be let - 1,377ft2
The available space has dual access, with a self-contained entrance as well as access through the main reception which is very smart and incorporates a commissionaire. The available space has dual use as a Gallery and an Office. The space encompasses a large open plan area with a fully fitted kitchen on the ground floor. The space is air conditioned, benefits from excellent natural light and has an attractive wooden floor. There are security shutters on all windows to ensure security and CCTV installed within the demise which can be taken-over by the incoming tenant. The building has 24 hour security, a commissionaire, WC’s and a shower in the common areas. There is also an external area in the basement that could be used to store bicycles if required.
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The floor is due to be stripped out and refurbished to provide bright office space with modern amenities in a multi let office building that offers high quality office accommodation accessed be a large ground floor reception lobby.
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An elegantly designed boutique building over two floor with a unique trellised façade, rounded exterior curves and interior made of polished concrete and bronze tones setting this building apart.
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Buckingham Green comprises 3 office buildings, No. 2 Buckingham Green, No. 3 Buckingham Green and the Gate House. All 3 buildings are seamlessly integrated and offer an array of on-site services and amenities.
The Caxton sits on the north side of the development’s vibrant public realm and will provide 28,183ft2 of office space arranged over five floors with additional terrace and roof space. The use of handmade red bricks and large full height windows allows it to stand out, yet also seamlessly blend into the local surroundings.
The Caxton’s external brick façade opens up into a dramatic double height, vaulted, patterned reception area. This brand new building offers flexible Grade A office accommodation and also boasts a large roof garden and private terraces exclusively for occupiers’ use.
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
Available Offices in Victoria
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Victoria Street, Victoria, London SW1E
- New Development
- PRELET opportunity
- READY Q3 2016
- 603,000 sf Offices
- 85,000 sf Retail
- 82,700 sf Public space
- 193,000 sf Residential
- Grade A
- 4 pipe Air Conditioning
- Raised Floors
- Ceiling Height 2.75m
- LED lighting
- 6x 26pp Lifts
- 4x 21pp Lifts
- Car spaces
- Bicycle spaces
- Showers
- Green roof areas
- BREEAM Very Good
- Www.novasw1.com
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Buckingham Palace Road, Victoria, London SW1W
- 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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Millbank Tower, Victoria, London SW1P
- Landmark Building
- Flexible Terms
- Fully-Furnished
- Meeting Rooms
- IT & Telephony
- 24/7 Access
- Manned Reception
- Impressive Lobby
- Transport Links
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Eccleston Place, Victoria, London SW1W
- Prime Victoria
- Flexible Terms
- Fully Furnished
- Broadband
- Meeting Rooms
- Coworking Space
- Private Offices
- Break-out Areas
- Kitchen Facilities
