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?
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 […]