Luxury boutiques and cafes line South Molton Street’s pedestrian-friendly leisure destination in Mayfair, London. But is the cutesy lane set to become a match for James Street, Marylebone?
The existing tenant was in the process of finding relocation options to expand but faced the problem of the lease being 2 years unexpired. We represented the landlord and were able to negotiate terms of surrender of the existing lease subject to a simultaneous grant of a new lease to a new tenant. The terms of […]
Metropolitan had a Lease of the whole building, which included 14,000 sq ft of offices on Down Street. These offices had been their UK Headquarters, but they had relocated due to surplus space, and sublet them as a self-contained office building.
Hearst had occupied the building for over 35 years, as their UK headquarters, and upon lease expiry, decided to relocate to Panton Street, Leicester Square in 2019. The Landlord, Shaftesbury, was inevitably planning to undertake a major refurbishment of the building upon vacant possession to maximise value. However, a substantial full schedule of dilapidations claim […]
The landlord instructed us to handle the rent review on this impressive unique self-contained headquarters office building, which was occupied by Colliers.
Goldman Sachs’ lease was in excess of 2 years unexpired, and it was known that they would not be renewing as their new HQ was close to completion. We were approached by the owner to provide a quote to handle the end-of-term dilapidations claim. Accordingly, we provided a quote and advice on strategy to claim […]
Like many the implementation of ‘wfh’ meant that the London office was surplus to requirements, and much smaller space was sufficient. We advised on disposal strategy, likely cost, and strategy to market the premises as effectively as possible. Having generated a strong level of interest within a short timeframe, terms were agreed and the lease […]
Part owner occupied and part Let short term, vacant possession was achievable, and on behalf of the vendor we were instructed to market the Freehold interest. The property is well known within the music industry and was fitted as high-quality studios and offices, and accordingly, it was perfect for such a user that was seeking […]
We were instructed to dispose of the existing leasehold interest held for an unexpired term of just over four years. On such size premises, in the norm, this would prove challenging without being able to offer prospective tenants a longer term. However, due to the stunning condition and fit out of the premises, demand proved […]
Having handled the end-of-term dilapidations on their exit of the former HQ in Soho, we were asked to market surplus space within their new HQ in Panton Street & Leicester Sq. Following an extensive and professional marketing campaign, the space totalling over 20,000 sq ft was successfully sublet to 3 separate tenants until the head […]