Key Details

Overview

Westminster City Hall is an office building in Victoria, London SW1.

19-storey Westminster City Hall is home to Westminster City Council.

The building is just a few minutes' walk from Victoria Station.

History

2019 - ISG completes the £60m refurbishment works to improve the efficiency and running cost of the building.

2016 - The building is held leasehold from Land Securities. While the unexpired term of the lease provides the Council with over 50 years of secure occupancy, the lease is not marketable enough to deliver sufficient value to enable a wholesale move and the short lease term is unattractive to a residential developer. However, the Council requires only half of the space provided by City Hall and rent review terms of the lease provide that the Council pays rent equivalent to 66.6% of market value. This enables the Council to generate a “profit rent” on surplus accommodation within the building.