An existing client, Caithness Petroleum needed larger premises to expand and in February 2011 instructed us to acquire the available rear suite on their existing floor. The accommodation comprising some 1,807 sq ft whereby following extensive negotiations we successfully agreed a new lease to expire in January 2015 at a rent of £54,210 per annum (£30.00 per sq ft) exclusive with an 8 month rent free period subject to removing the Tenant only break option from the existing lease on the front space and extending the lease to run co-terminus with the new lease until January 2015.
Agency Acquisition | Anthony Epenetos | Andrew Knights
