Project:

The annual holding cost of the accommodation to the client exceeded over £150,000 per annum. There was a need to control the cost as quickly as possible and find a tenant in difficult market conditions. 

Through an intensive marketing campaign and excellent market knowledge sbh were able to find a suitable occupier in Dalkia Rail within 6 weeks of being instructed.

sbh's role:

To advise the client on the market conditions and arrange a marketing campaign to find a sub tenant or assignee for this vacant office suite.

Services sbh provided:

Sales, Lettings & Acquisitions

Client: Co-operative Financial Services Ltd

Project: Sub-letting of surplus office accommodation in Harbour Exchange London Docklands

Value: Annual Rent £110,000 per annum

Timescales: Within 3 months