Our client, an architectural firm, wanted to downsize. They also wanted a new office that was creative, inspirational and funky.
Originally, we were asked to search for interesting properties of about 4,000 square feet in Clerkenwell and Farringdon however the focus of the search changed along with the size and shifted to searching for more efficient buildings.
They had a lease event fast approaching in their current building in Midtown, London, so timing was of great importance. Many buildings were researched by DeVono Cresa and 10 were viewed in a relatively short period of 1 month before the client decided to shortlist their favoured 3.
An office on Farringdon Road, London, EC1, became the favoured option following a detailed cost comparison and it became clear quite quickly that this property would save them over 20% on their current property costs.
DeVono Cresa helped to resolve some issues regarding the quality of the landlord’s interior layout / fit out and following this a meeting between all parties took place and heads of terms were mutually agreed with the aim to complete the lease in under 6 weeks, which was successfully met.