In line with strategy rents being achieved of £52 plus per square foot per annum above
the £31 per square foot per annum rent passing on acquisition.
Rent review settlements across three units on the park generated £75,000 per annum
of additional rent, ahead of ERV, and added over £1,200,000 of value.
Successfully negotiated a lease surrender of the ground and basement floors at
Arlington Street in London’s St James’s and then re-let the space to a new occupier at
a rent significantly ahead of the former rental income for the unit. Adding value and
retaining income over the long term.