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The area of Victoria sits to the south west of Buckingham Palace and to the east of Belgravia. Victoria Street comprises many large 1960s and 1970s office buildings, an aesthetic typical of the area, which has long been home to Government departments, including Millbank Tower – the Labour Party headquarters for many years.
Once considered somewhat cold and faceless, Victoria is currently undergoing a transformation, evolving into a vibrant business hub with plenty of newly-refurbished commercial developments, desirable office spaces, specialist restaurants and bustling cafes, making it popular with all types of companies and organisations as it offers lower rents than its more famous neighbours. While its proximity to Victoria station ensures excellent travel options for commuters, both from all over London and those travelling from outside the city.
Victoria office rents start from £45.00 and can reach as high as £80.00 per square foot for the most modern buildings, with business rates ranging from £22.00 to £28.00 per square foot. The area in the immediate vicinity of the station commands higher rents due to the good transport links with the commuter belt. Taking service charges into account, an all-in cost foot for Victoria offices can be estimated at £75.50 to £124.00 per square foot.
Victoria rail station, the second busiest railway terminus in the UK, boasts a high-speed Gatwick Express that reaches the airport in 30 minutes, as well as fast trains to the South Coast. While Victoria and St James’s Park Underground stations service the Victoria, District and Circle lines. There are also 19 bus routes through the area, five of which offer 24-hour service. Victoria is in Zone 1 and an annual travelcard costs £1,296.
View offices in Victoria.