The lease is for 10 years from October 2013 at a rent currently equating to £49.50 per sq ft however subject to annual incremental increases finally rising to £53.00 per sq ft in 2017. In addition to a rent review in November 2018 the tenant will benefit from an option to break the lease or alternatively will receive 6 months rent free if he remains in occupation. A sum in excess of £75,000 subject to contract is required for the benefit of the lease and fit-out etc. This landmark office building is situated on the Strand, one of London’s most famous addresses. Being located at this address adds a ring of authenticity to any business, and makes for a prestigious business address which should help the company to grow.
This building is a mixed-use building, which comprises both office and retail accommodation which can be split for separate leases or combined for companies with these requirements. As a striking tower on a major street, the building is easy to find, and there are a range of facilities available on site which make it even more popular with businesses. Offices can be accessed 24-hours a day, with signage options available and a reception service greeting guests professionally throughout the day. Charing Cross and Waterloo mainline stations are within walking distance and offer excellent links through the city and out to surrounding areas, including out to other major UK cities.
Stuart Neils can help you to find a range of offices and business properties in London, including highly sought after office space in Covent Garden and other commercial property in central locations.
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"We hired Stuart Neils to guide us through the jungle of London City office lettings with the aim of finding a new office, negotiating the lease and finally handling the legal paperwork. We were very happy with the outcome. Stuart Neils helped us find a great office in our location of choice, managed to negotiate very good and flexible leases terms saving us thousands of pounds per year" - Copal Amba