Alexia Goethe Gallery – 5-7 Dover Street, W1

Alexia Goethe Gallery first approached us to find a gallery/office space in Mayfair for a new joint venture and subsequently instructed us to market their lease at 5-7 Dover Street, comprising 3,294 sq ft over the ground and first floors held Inside the Landlord and Tenant Act. The current passing rent was £75,000 per annum and there was an outstanding rent review as of January 2010. Within one week we received multiple premium offers in excess of £100,000 for the benefit of the assignment and within 10 days we exchanged on the assignment of their lease for a substantial premium.


Agency Disposal / Acquisition | Anthony Epenetos

53/55 Charing Cross Road, London, WC2

Anthony Lorenz acted on behalf of Rosewheel on the lease expiry of this retail unit, let to William Hill and underlet to Omega Travel.
A new 5 year lease was negotiated with Omega Travel at an increased rent of £62,500 per annum subject to 6 monthly Landlord break options and a Tenant’s option to determine at the expiry of the 3rd year. Simultaneously a rent of £50,000 per annum was agreed with William Hill in respect of the basement on identical terms.

Agency Disposal / Acquisition | Professional | Anthony Lorenz

125 Mount Street, London, W1

Aaron Gallery appointed us to act on their behalf in respect of their December 2008 rent review and after extensive negotiations a settlement was agreed without the need for a 3rd party referral, which then permitted the Tenant to assign their lease at a substantial premium.

Professional | Kathryn Sowter

161-162 New Bond Street, and 47 Conduit Street, London, W1

Lalique were recommended to us to handle the disposal of their leasehold interest on their prime New Bond Street shop and to locate and acquire alternative premises.
After extensive negotiations, we surrendered the lease back to the Landlord held for only 4 years at a rent of virtually £500,000 per annum for a premium of circa £1,000,000, which helped to fund the simultaneous acquisition of their new Headquarters building on Conduit Street, comprising a retail unit with offices above.

Agency Disposal / Acquisition | Andrew Knights | Anthony Lorenz