Wednesday, 6 June 2012

Gallery Acquisition – 55 South Audley Street, W1

In July 2011 Carlson Gallery Ltd engaged us to find suitable gallery premises in Mayfair. After inspecting several “on market” and “off market” opportunities they finally agreed a lease on circa 3,000 sq ft over the ground and LG floors at 55 South Audley Street, a prominent unit with large frontage near the junction with Mount Street, previously occupied by Mansour Carpets. A 10 year lease was agreed at a competitive rent and we successfully negotiated a sizeable rent free incentive in a market where most Gallery occupiers are paying large premiums to secure retail premises.

Agency Acquisition | Anthony Epenetos Andrew Knights