48 Albemarle Street, London W1

The owners approached us to secure vacant possession of the 2^nd and 3^rd floor offices from a Tenant who enjoyed Landlord and Tenant rights, although they have been holding over for 4 years in a rising market.

The back rent, used following agreement, persuaded the Tenant to accept a premium, which was less than statutory compensation, to give up their renewal rights, and vacate so that our client could proceed with development plans, which the Tenant could have held up for a year and a half.

A satisfactory outcome indeed.

Professional | Anthony Lorenz 

Morley House, 26-30 Holborn Viaduct, London, EC1

Major property company Tannen Group, owners of this 51,290 sq ft building have instructed us to asset manage either renewals of leases or reletting of the entire building or part thereof from expiries in 2012. A major asset management opportunity in a location which is fast improving, being the pivot between the improving midtown and city markets.

Professional | Anthony Lorenz | Kathryn Sowter

Clearwater House, 4-7 Manchester Street, London, W1

The Lorenz Consultancy was instructed by Latitude Investments to review and determine whether to approve/grant a license for alterations and to approach the Superior Landlord requesting a license to sub-let which included change of use from A1 offices to A2 use.

To a demand from the Landlord for consideration to change the use and approve the substantive alterations for the proposed Tenant Foxtons to take occupation. Negotiations were entertained whereby the demand was reduced and the costs split between Latitude Investments and Foxtons.

All’s well that ends well and we wish Foxtons every success in their business from this new site.

Professional | Anthony Lorenz

Screen House, 119-125 Wardour Street, London, W1

Thompson, another longstanding client of The Lorenz Consultancy held four separate leases within this office building on Wardour Street. We successfully agreed the 2010 rent reviews, the Tenant-only break options were removed and a lease renewal was agreed on the various floors, this resulting in the Tenant benefiting from a reduction in the overall rent payable and securing a rent free period in the process.

Professional | Kathryn Sowter

69 Duke Street/Binney Street, London, W1

The Lorenz Consultancy was delighted to be instructed on behalf of The Grosvenor Office to assist them in their negotiations with the various retail and restaurant Tenants in order to achieve vacant possession for their redevelopment.
The vacant possession was secured in respect of each unit in order to ensure the development process could commence as scheduled.

Professional | Kathryn Sowter