First UK office for European metal trading company
We were delighted to be introduced directly to one of Europe’s leading metal trading businesses from an existing client of ours.
This introduction led us to being instructed to run their Mayfair property search for their first UK office.
Their aim was to find high-end and classy office space to reflect their client base across Europe. After viewing 15 different office leasing opportunities in this W1 location, we found this for them in a space on Old Burlington Street which they then selected as their favourite option.
Here is a video tour of the office space:
The space was already partly fitted out, however, our clients chose to remodel the space to reflect their brand identity.
Following a fairly quick negotiation, we were able to agree terms with the landlord that reflected a good £4 reduction in the quoted rent and we also achieved a rent-free period of market significance on their behalf.
Our client was overjoyed for the lease to complete in a 5 week period (which is fairly quick in the scheme of London leasing office transactions) and our client is now in the process of fitting out and then moving in within the coming weeks.