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Area Guide

Westminster

A guide to the local economy, industry and commercial property

Boasting many of London’s most well-known historical monuments and sites, Westminster, which runs along the North Bank of the River Thames, is famed for both its royalty and politics.

With Parliament Square at its heart and the Houses of Parliament, Big Ben, Buckingham Palace and Westminster Abbey included in its list of heritage attractions, Westminster is an area of great British importance. Indeed, in the early 20th century a quarter of the world’s population was directly ruled from the borough which is often considered to be the heart of the nation.

With such high status it is no wonder that commercial property is in high demand and offices to rent in Westminster can be hard to find. When available, commercial property in Westminster includes offices to rent, studios to buy and warehouses to let.

Westminster’s commercial popularity is not limited to office space, retailers, hoteliers, restaurateurs and arts providers compete to locate their businesses in the vicinity.

Shop units to let in Westminster can be expensive but with tourists flooding to the area and its importance as a commercial business centre, paying a premium for the location can make great business sense. Land to buy in Westminster is hard to find and as such there has been much regeneration in the area. Post-war office buildings are among some of the commercial buildings that have been re-developed to offer offices, studios and warehouses to rent and buy in Westminster.

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