Victoria, named after Queen Victoria of the United Kingdom, covers the south-west area of inner city London, lying within the City of Westminster and in the SW1 postcode. Victoria is often associated with government organizations; however, it has developed commercially over the last few decades and many businesses and well known blue-chip organizations such as Google and Microsoft have now successfully established serviced offices in the area. Whilst Victoria has come to be dominated by commercial office space, the area also has lots of shops, restaurants and theatres to attract tourists and residents alike, and to serve the local workforce. Clearly, Victoria offers much, much more than just a transport node, serving the political backbone of the UK government. The area has become one of the most popular locations for companies in London. This is, in part, due to its proximity to central London and its excellent transport links to the rest of the UK, including the Gatwick Express train service. It is also in part due to the wealth of local amenities and leisure options that serve it.
Victoria is roughly defined by Victoria Rail and Underground Station and the streets surrounding it. These roads include the northern section of Buckingham Palace Road, Wilton Road, Grosvenor Gardens, Bressenden Place and Eccleston Street. The area is mostly made up of commercial serviced office property and shops but it also includes a peppering of residential property. The large office tower on Stag Place is where the old Stag Brewery was based and demolished in 1959. The street is named after the brewery and the office tower offers conventional leased office space and serviced office space, both of which offer fantastic views over London.
There are some important occupiers of serviced office space and landmark buildings in Victoria; the Department of Trade and Industry building, the headquarters of Transport for London at Windsor House and (New) Scotland Yard, the headquarters of the Metropolitan Police Service, Defra, Google and Microsoft, to name a few.
Victoria is well catered for within the realms of the serviced office market and, in fact, it can often be noted for its high occupancy levels. This does not mean that it is particularly difficult for companies to source serviced office space. Indeed, a client could well be considered spoilt for choice on this front. Victoria is characterized for its high calibre of building, and these high standards tend to extend to the interior of buildings too, with high-quality services and furnishings on offer in a high proportion of commercial space in the area. Victoria’s growing presence within the competitive London market for serviced office space has led to several new operators establishing business centres in the area, Abbey Business Centre being the most recent operator to follow suit.
If you need a 5 star property solution for your business requirements then Victoria will have a number of options to suit your needs; the area caters for almost every conceivable style, size and budget requirement. Citibase, Avanta and First Base all serve the more budget-focused client well. Businesses can expect to pay anything from £450 up to £1,000 per workstation for the highest quality of space.