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Commercial Properties for Sale in the Westminster, London

Explore the Latest Westminster Commercial Property for Sale

More details for 96 Wilton Rd, London - Office for Sale

Welby House - 96 Wilton Rd

London, SW1V 1DW

  • Office for Sale
  • £5,500,000
  • 13,115 sq ft
  • Raised Floor
  • Suspended Ceilings
  • Kitchen

London Office for Sale - Pimlico, City of Westminster

Welby House is exceptionally well-connected, with Victoria Station just a 4-minute walk away. Victoria Station offers access to the Circle, District, and Victoria Underground lines, as well as rail services to destinations across southern England, including Clapham Junction, Vauxhall, Brighton, Dover, and Southampton. Welby House offers modern office spaces in a prime Victoria location, featuring excellent transport links and top-notch amenities. Welby House, constructed in the 1990s, is a mid-terrace building spanning lower ground, ground, and three upper floors, with floor areas ranging from 917 to 2,384 sq ft. Recently refurbished, the reception area offers access to bicycle storage, along with modern changing and shower facilities on the lower ground floor. The building features a distinguished appearance with large bay windows framed by lead panels and a London stock brick façade. Its exterior also includes a mansard and pitched slate-tiled roof, adding to its charm. Freehold Prime zone 1 location, 3 minute walk from one of the UK's busiest train and bus stations (Victoria). Fully let income producing asset arranged over lower ground, ground and three upper floors. Building measures 7,688 sq. ft. NIA / 9,851 sq. ft. GIA EPC B with nominal capital expenditure required in the short to medium term Multi let to four tenants providing well diversified income of £295,201pa (blended £38.40psf). With a AWAULT of approximately three years to expiry. Potential to change the building usage and add additional massing, STPP. The building is located outside an Article 4 directive.

Contact:

John D Wood

Date on Market:

07/10/2024

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More details for 104 Warwick Way, London - Hospitality for Sale

OYO Vegas Hotel - 104 Warwick Way

London, SW1V 1SD

  • Hospitality for Sale
  • £3,500,000
  • 2,949 sq ft
  • Smoke Detector

London Hospitality for Sale - Pimlico, City of Westminster

Nestled in the vibrant and ever-popular area of Pimlico, this a unique investment opportunity. With 95% occupancy and a healthy operating profit, this boutique hotel offers a solid revenue stream in one of London's most sought-after locations. Spread over approx. 3,000 square feet, the property boasts 16 well-appointed rooms, each designed to provide a comfortable and memorable stay for our predominantly tourist clientele. The hotel's charm and central location ensure high demand, despite the competitive landscape of the London hotel market. Market Insights: The London hotel market has remained resilient and buoyant in recent years, outperforming the broader hotel market and national economy. While there have been slight dips in occupancy levels, the overall market remains strong, particularly in more central London locations. Reports indicate that London hotel performance is showing limited growth in average room rates across most segments. However, townhouse and boutique hotels, like the Vegas Hotel, are among the top-performing segments. Investment Potential: The property presents a dual opportunity for potential buyers. Operational Continuity: Continue running the hotel business, capitalising on its established reputation and consistent tourist demand. Development Opportunity: Given its prime location, there is strong demand from developers looking to convert the property into residential use, such as apartments, which could yield a higher capital value.

Contacts:

Century 21 London Central

Keller Williams

Property Subtype:

Hotel

Date on Market:

03/10/2024

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More details for Monck St, London - Retail for Sale

Westminster Quarter - Monck St

London, SW1P 2BQ

  • Retail for Sale
  • £900,000
  • 1,109 sq ft
  • 1 Unit Available
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More details for 19 Dacre St, London - Office for Sale

The Dacre - 19 Dacre St

London, SW1H 0DJ

  • Office for Sale
  • £29,000,000
  • 26,838 sq ft
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More details for 114-116 Rochester Row, London - Office for Sale

114-116 Rochester Row

London, SW1P 1JQ

  • Office for Sale
  • £9,500,000
  • 15,211 sq ft
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More details for Carlisle Pl, London - Office for Sale

Partnership House - Carlisle Pl

London, SW1P 1BX

  • Office for Sale
  • £46,000,000
  • 37,460 sq ft
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FAQs about Commercial Properties For Sale in Westminster

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How many Commercial Property listings are available for sale in Westminster?
There are currently 7 Commercial Properties available for sale near Westminster. These Westminster Commercial Property listings have an average size of. The largest available listing in Westminster is. The thriving commercial centre and excellent transport links in Westminster make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Westminster?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Westminster currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Westminster?
There is a diverse range of commercial properties available in Westminster to suit various business needs. Westminster offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 7 Westminster commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Westminster, London

You searched for commercial property for sale in Westminster. Explore 7 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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