Asset managed in Old Street

Asset managed in Old Street

Fresson and Tee has recently advised a landlord client with a lease renewal of some characterful, warehouse offices in Wharf Road, N1, a short stroll to Old Street.

A new 5 year lease was agreed to existing tenant, Panasonic UK, part of the giant Japanese electronics conglomerate.

The new lease was signed at a headline grabbing £55 per sq. ft. which provides an annual rent of £109,670 PA.

Fresson and Tee will shortly be selling this property on behalf of its pension fund client at offers in excess of £1,850,000.

Contact either David Shapiro or Jonny Novick if you want information on this investment sale.  020 7391 7100.

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Next post MidTown Business Club Dinner Soirée

MidTown Business Club Dinner Soirée

The MidTown Business Club celebrated its biggest event last night. It’s a Dinner for a Cause supporting Coram’s Fields as its charity partner.

Sir Keir Starmer QC, MP for Holborn & St Pancras and Shadow Secretary of State for Exiting EU is also in attendance and the night’s keynote speaker.

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