The government has announced plans to ban upward-only rent reviews for commercial leases.

Upward-only rent reviews are common in UK commercial leases and mean the rent can only increase or stay the same at review. The announcement was made today (10 July) as part of the English Devolution and Community Empowerment Bill which was introduced to Parliament. The unexpected pledge to ban upward only rent reviews (UORR) clauses […]
Successful letting of the 4th floor of 77 Mansell Street, E1

The Lorenz Consultancy are delighted to announce the successful letting of the 4th floor of 77 Mansell Street, E1 comprising c. 5,000 sq ft of fully fitted office space to TK Elevator UK Limited, for a 5-year term, on behalf of the Landlord, CIPFA. We wish TK Elevator every success in their new office space! […]
Stunning newly constructed art deco style courtyard office

Our latest Agency instruction is this impressive new office development in Finsbury Park. Featuring an internal courtyard with a striking art deco facade and a high-quality fit-out in situ. The office comprises 16,619 sq ft within a self-contained building arranged over the ground and 1st floor, with parking, showers, lockers plus bike racks. The building […]
New City instruction for Agency team

Our latest Agency instruction is this exceptional fully fitted and furnished office located on the eastern end of Bishopsgate within the Conservation Area of St. Helen’s Place. The accommodation comprises 4,734 sq ft with 4 meeting rooms, an impressive reception with a commissionaire, raised floors, column-free floorplates, male and female WCs on each floor, showers, […]
London West End Office Space

London West End offices provide a unique and exclusive experience compared to the modern high-rise towers of the City of London. The traditional and high-quality buildings, many of which are protected under the National Heritage List for England, offer more than just a spectacular office space for your business. 3 reasons to pick office space […]
Commercial Property Insights for 2024

Anthony Lorenz, Managing Director of commercial property agency Lorenz Consultancy, says 2024 will be the most uncertain market in his fifty-five-year industry experience. Undoubtedly, recent global events – from the conflicts in Ukraine and Israel to the seismic impacts of the COVID-19 pandemic, Brexit, and the looming spectre of global warming – have cast a […]
Disposal of 2,500 sq ft Self-Contained Belgravia Mews Building Let to Gallery

Prior to the expiry of the previous lease, we were instructed by the landlord to market and dispose of the property on the best commercial terms. Having agreed to dilapidations with the previous tenant and undertaken the works, we successfully pre-agreed terms with a gallery/arts business that took a 10-year lease at an improved rent […]
Serviced Offices: A Quick Guide

What is a serviced office? Serviced offices, sometimes also referred to as flexi offices are fully fitted and furnished ‘plug-and-play’ spaces that offer the freedom to adjust space requirements quickly and without the hassle long-term contracts bring. They are ideal for start-ups, rapidly expanding businesses and those that value (or require) the flexibility to up […]
Top Strategic Advice Leads to the Letting of Vibrant Restaurant on South Molton Street

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?
1,650 sq ft Harley Street Medical Lease Surrender and Reletting at Record Rent

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 […]