For businesses that require quality office space in the capital, Westminster and its surrounding areas is an extremely attractive proposition. It often appeals to businesses who want to locate a head office, a high-end product offering, a luxury brand or niche service in this affluent part of the city.
That’s not to say that all Westminster office accommodation is necessary top-end for prices, however. Because the postcode is so dense in terms of both residential and commercial space, there are some very attractive offers available and a range of flexible lets.
Things To Consider
When you look at the office space SW1 has to offer, you’ll be looking across eight sub-districts within Westminster. These sub-districts take in some of the most renowned features of London, including Buckingham Palace and Whitehall, Pimlico, Vauxhall Bridge, the Houses of Parliament, Sloane Square, Belgravia and St James. Think about location and its relation to pricing, as there is some variation across each of the sub-districts.
You will find high quality office accommodation on Buckingham Palace Road (SW1W), Belgrave Square (SW1X), Piccadilly (SW1Y), St James’s STreet (SW1A), Grosvenor Gardens (SW1W), Cavendish Square (SW1W), Haymarket (SW1Y), Charles II Street (SW1Y), Chester Street (SW1X), and Catherine Place (SW1E).
Don’t forget Transport
As with slightly varied pricing, ease of access to transport also varies, although office accommodations in this part of London do naturally have excellent links to the Underground and public transport. If you require parking, there are office accommodations with their own car-parking facilities, which will attract a premium, or other commercial parking operations nearby.
The other beauty of SW1 is that it is perfectly situated for corporate entertaining, socialising and business networking. This means that your staff will have plenty of scope for enjoying team bonding after work and can take clients and prospects to great locations for meetings, lunches and other corporate entertainment. The area is also excellent for customer acquisition purposes, thanks to the range of business networking opportunities and ready customer base.
Consider Each Space
Before viewing properties, have a clear budget in mind and share this with your commercial property consultant. Also know what you need in terms of facilities, with a clear view of your desk and staff requirements.
The size of the team you’ll be locating at the premises will also influence whether you want on-site catering facilities (or close access to the same), parking, break out space and so forth. If you are likely to bring customers or stakeholders into your office, you will want meeting space and an attractive interior. Many of the buildings on offer are in beautiful period buildings with gorgeous features and plenty of natural light. You will pay a premium for this, but many customers will be keen to in order to create a creative, productive and brand-congruent space to which they can welcome a variety of business stakeholders.
Other buildings are fully refurbished and offer all of the latest amenities, including air conditioning, fitted kitchens, attractive bathrooms, lifts, roof terrace space, shower facilities and a commissionaire. You may also find that some accommodations come with flexible or attractive letting arrangements.