We were fully retained by the Notting Hill based acting school, Caravanserai Productions and Acting Studio to find suitable premises in Soho for expansion. We eventually discovered this lower ground derelict car park and agreed with the Landlord that they would develop this into studio space and in May 2011 we successfully completed an Agreement to Lease upon completion of the Landlords works. The demise comprising approximately some 2,303 sq ft of fitted office/studio space was agreed at a annual rent of £40,406.50 for a term of 10 years subject to an upward only rent review at the 5th anniversary of the term and a Tenant only option the terminate the lease upon the 7th anniversary of the term.
Agency Acquisition | Andrew Knights
