Victoria & Westminster established stock delivers a standard Cat-A baseline; tenant fit-out is typically Basic or Mid spec.
Victoria & Westminster established stock delivers a standard Cat-A baseline; tenant fit-out">fit-out is typically Basic or Mid spec.
20-30,000 sqft floor plates, recent BREEAM-rated new builds.
City-wide London fit-out bands: Basic $110–145/sqft, Mid $150–215/sqft, High-end $220–320/sqft, Trophy $320–480/sqft.
| city | London |
|---|---|
| submarket | Victoria & Westminster |
| tier | established |
| averageRentLocal | £88/sqft/yr · ≈ $112 PSF/yr USD |
| cityClassARentUsd | $121/sqft/yr |
| cityVacancyPct | 8.6% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.