Rents, asking prices, availability and business-rates context for the Westminster commercial property market, United Kingdom — built from live CommercialUK listing data.
There are currently 398 commercial properties available in Westminster, split across 180 to let and 127 for sale, marketed by 14 agents. Other space dominates with 68 listings, followed by leisure (39) and office (36). The median asking rent across priced lettings is £65,000 per annum (around £51 per sq ft). For purchases, the median asking price is £755,000.
12% of Westminster listings include published floor area. Figures exclude POA listings and are based on asking prices, not achieved values.
CommercialUK breaks the Westminster market down by use class so you can jump straight to what you need. Right now other accounts for the largest share of available stock in the area.
On top of rent or purchase price, occupiers in Westminster should budget for business rates — a tax on most non-domestic property set by multiplying the property’s rateable value (RV) by the national multiplier, then applying any reliefs (such as Small Business Rate Relief).
Rateable values are set by the Valuation Office Agency and reflect estimated open-market rent, so they broadly track the Westminster rental levels shown above. Service charges, buildings insurance, EPC compliance and fit-out are additional costs to factor in before committing to a lease or purchase.
There are currently 398 commercial properties available in Westminster, United Kingdom on CommercialUK — 180 to let and 127 for sale, marketed by 14 agents.
Based on 77 priced listings to let in Westminster, the median asking rent is £65,000 per annum (around £51 per sq ft). Actual rent depends on size, location, condition and lease terms.
Across 41 priced properties for sale in Westminster, the median asking price is £755,000 and the average is £1,067,268. Prices vary widely by property type, size and location.
The most common types in Westminster are other (68), leisure (39), office (36). CommercialUK also lists land, mixed-use and specialist premises across the United Kingdom area.
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