Client: Shaftesbury
Property: 11-13 Charlotte Street, Noho
Terms: Achieved full asking rent of £66.00 psf
The Challenge: The 2nd floor is fully refurbished and any letting needs to tie in with the other lease terms in the building. After advising on the specification of the refurbishment, we have been able to quietly talk to known parties who are looking for this type and size of space.
The Solution: Due to our local market knowledge, we have stimulated three offers on the space. After negotiations, we are now under offer and about to achieve the required lease term at the asking rent with no rent-free period. All of this will be achieved only one month after finishing the refurbishment works.... So soon to be another happy landlord.