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Lease Renewal

Palladium House 1-4 Argyll Street London W1


Client

Gordon Yates Ltd

Property

Part 5th Floor of a landmark office building in central London

Project Summary

To advise on the rental value of the office accommodation for the purposes of the renewal and to negotiate the best terms with the landlord.

After our market investigations and advice to the client, we negotiated a new five-year lease with effect from 25 December 2015 at a rent equating to £56 per sq ft., subject to a service charge cap of £6.91 per sq ft.

Mark H Shaw

020 7907 7427
mark.shaw@strettons.co.uk