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Find out what's been happening at Lorenz Consultancy.

44 Davies Street

Global Investment Advisors Acquire New Mayfair Office for London HQ

With the growth of their business and headcount now having stabilised, Arena Investors' existing office space was not fit for purpose and, facing lease expiry at the end of the year, it made perfect sense to take the opportunity to relocate to better, more suitable offices nearby.

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Stylish Mayfair Office Acquired on Behalf of Major Residential Developer

BYM found that their serviced office space in Knightsbridge was no longer fit for purpose. They instructed The Lorenz Consultancy to find them suitable long term office space, on a conventional lease, where they have been able to create a homely work environment, as well as achieving the identity that their business so evidently required.

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Exciting Tech Start-up Successfully Expands into Second London Office

Fintech Company, PassFort, were in need of additional office space due to their expansion. They had recently taken additional desks in a serviced office. Flexible, short-term workspace, at an excessively high desk rate. The Lorenz Consultancy carried out an extensive office search and successfully acquired their second UK office.

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The Serviced Office Market, Its Future and What Next?

Anthony Lorenz discusses the meteoric rise of serviced offices and co-working Operators, such as WeWork and The Office Group, taking long term leases and buying freeholds.

Market Rent Guide 2019

TLC Market Rent Guide

Looking for offices? Download our Market Rent Guide to see the approximate minimum to maximum rent that you should be budgeting for in each area of London.

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Looking Back on 2018 - the Lorenz Consultancy's Year in Review

Despite Brexit, the Commercial Property market in Central London held up unbelievably in 2018, and proved a very successful and transformative year for The Lorenz Consultancy. Our Agency Department were involved in acquisitions and disposals, on a rent roll of £7.5 million per year, and our Professional Department were involved in £13 million worth of rental transactions, on a total area of some 175,000 sq ft.

1 Stephen Street

EARLY LEASE SURRENDER ON 20,000 SQ FT WEST END OFFICE FLOOR

Having successfully sublet part of the 2nd floor short term, comprising 4,500 sq ft, and handled the rent review on the entire floor, our Client, Encompass Digital Media, were in the process of relocating to Chiswick and subsequently decided that the space at Stephen Street was no longer required

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6,073 SQ FT B8 INDUSTRIAL UNITS LET TO EVENTS COMPANY IN SE1

We were instructed to market the space on behalf of our Client, on new leases for a term certain of up to 18 months.

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1,800 SQ FT ACQUIRED FOR INTERNATIONAL MEDICAL CLIENT

Having handled the Rent Review in 2017, we know our client was keen to expand within the building. In January 2018 we offered them an off market opportunity to take the space opposite them on their floor, giving them the opportunity to have a self-contained floor of circa 4,000 sq ft.

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700 SQ FT ACQUIRED ON BEHALF OF WELL ESTABLISHED TAILORS

Taking instructions in late 2017 to source suitable expansion space for a workshop, we subsequently introduced Mirpuri Bespoke to 24 Hanover Square.

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DIGITAL MARKETING AGENCY SECURES 7,000 SQ FT OF FITTED MEDIA STYLE SPACE IN FITZROVIA

Our Client entrusted us with the task of finding a short - medium term office, to facilitate their anticipated expansion. We eventually completed a new sublease on the part 3rd floor at 50 Eastcastle Street, which was fully fitted and ready to move into, on favourable terms.

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TECH VENTURE CAPITALISTS SECURE FIRST CONVENTIONAL LEASE ON NEW OXFORD STREET OFFICE

Our Client's office space was no longer appropriate for the business going forward. We were instructed to search for new premises, and came across an off market opportunity. Our client completed a new lease on some 1,300 sq ft on the 4th floor of 112 New Oxford Street.

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REFURBISHED KENTISH TOWN OFFICE ACQUIRED FOR ESTABLISHED ROBOTICS COMPANY

An established robotics company came to us to negotiate terms on some 3,500 sq ft of media style refurbished space on Gordon House Road, Kentish Town, we successfully completed a new 10 year lease for our client on favourable terms.

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PRIVATE HIGH NET WORTH INDIVIDUAL SECURES NEW MAYFAIR OFFICE

We were instructed to source and secure high quality period office space in Mayfair, for a family office, on behalf of a private high net worth individual.

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1,500 SQ FT CITY PENTHOUSE OFFICE LET TO FINANCE COMPANY

The Lorenz Consultancy were instructed to market part of the floor, comprising 1,500 sq ft fitted accommodation, and after a relatively short marketing campaign, a subtenant was secured for a term of 2 years.

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5,400 SQ FT GRADE A FITTED MAYFAIR OFFICE ACQUIRED FOR FINANCE COMPANY

Reward Insight were served notice by their Landlord, who wanted vacant possession for redevelopment. Thus, there was no other option but to relocate. Following extensive negotiations, in which favourable terms were agreed, a new lease completed on flexible terms.

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How can a lease end?

The appropriate method of termination depends on whether the lease has the protection of the Landlord and Tenant Act 1954, which party wants to bring it to an end, whether the lease is coming to its contractual end or one party wants to get out of it early, and whether the tenant is in breach of any of the lease terms.

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What to do when there is no Schedule of Condition

In Dem-Master Demolition Ltd v Healthcare environmental services Ltd [2017] CSOH 14 the Outer House of the Court of Session considered the interpretation of the repairing clause in a commercial lease which referred to a photographic schedule of condition but the schedule of condition had never been prepared.

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Passfort take new space in Princelet Street

We were retained by Passfort, who were occupying serviced office space in SE1, to find them suitable premises when they needed better value conventional space.

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1,860 SQ FT DENTAL CLINIC ACQUIRED WITH CHANGE OF USE

We were instructed by a new London dentist venture, First British Clinic, to help them find and secure their first commercial property in Central London.

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2,321 SQ FT OFFICE ACQUIRED FOR ESTABLISHED MARITIME LAW FIRM

We were retained by Jackson Parton Solicitors, to source suitable office space for relocation, driven by lease expiry.

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THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE

THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE

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9,217 SQ FT FITZROVIA OFFICE BUILDING MULTI-LET SHORT TERM

The Linton Group, a long-standing client, instructed us to market the entire building on 12 – 18 month leases, to accommodate future plans to redevelop.

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LONDON COMMERCIAL PROPERTY SECTOR SET TO SEE RECORD INVESTMENT DESPITE BREXIT

Latest figures show that the uncertainty surrounding Brexit negotiations is not having impact on the London’s Commercial Property sector

London has been named the top European economic city, making the UK the most attractive country for employers

The UK has been dubbed the most attractive country for employers and staff, with London retaining its crown as the top European economic city, according to a new report.

1,504 SQ FT MAYFAIR OFFICE LET TO PROPERTY CONSULTANTS

Fawcett Mead instructed us to handle the renewal negotiations at their offices in Great Portland Street, whilst simultaneously searching for suitable premises to relocate.

Rent Review Checklist

Over 10% of Rent Reviews will have to go all the way to Expert or Arbitrated Determination by the end of 2018, so it's important that Tenants are prepared.

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Both investor and occupier demand in the UK’s commercial property market edged up during the third quarter of 2017

Both investor and occupier demand in the UK’s commercial property market edged up during the third quarter of 2017 but there is more caution around the central London market, the latest analysis report shows.

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1,076 SQ FT FITZROVIA OFFICE FLOOR LET TO FIRM OF ACCOUNTANTS

The Lorenz Consultancy have managed the parade of offices on Tottenham Court Road on behalf of Lazari Investments Ltd for many years.

1,458 SQ FT TOP QUALITY SHOWROOM / OFFICE SPACE LET TO DESIGN COMPANY

Jo Cowen Architects instructed us to source and secure a new premises, to accommodate urgent expansion requirements.

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Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches

Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches

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3,472 sq ft Mayfair office acquired by way of assignment of existing lease for fast growing Tech Co

3,472 sq ft Mayfair office acquired by way of assignment of existing lease for fast growing Tech Company

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GALLERY YACOU, 127 FULHAM ROAD SW3

Early surrender negotiated with the existing Tenant at 127 Fulham Road, and granted a new lease to an established Auctioneer.

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TLC GUIDE TO COMMERCIAL RENT REVIEWS

Download our Commercial Guide to Rent Reviews. Get informed, get expert help, and get ready for the toughest market ever. What to do and how to get expert help.

3,800 SQ FT FORMER 1ST FLOOR SHOWROOM RETAIL SPACE ACQUIRED FOR ARCHITECTS – FURNITURE AND ARTS BUILDING

The acquisition concluded an extremely successful campaign on behalf of Jo Cowan Architects, in which we simultaneously disposed of their old offices at 184 New Kings Road, whilst acquiring the space at The Furniture and Arts building, 533 Kings Road comprising some 3,800 sq ft.

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Is Brexit uncertainty creating a window of opportunity?

According to propertyWeek.com, 41% of Tenants favour a short lease in view of the uncertainty of a hard or soft Brexit, or no Brexit at all. Here's our advice.

Tenants beware when relying on your quiet enjoyment clause - 5 things to consider

Tenants beware when relying on your quiet enjoyment clause. The recent case of Timothy Taylor vs Mayfair House will create Case Law to be utilised in the future. Here are 5 things Tenants need to consider.

Off-market Prime Brompton Cross Retail Unit Let to Established Auctioneers

We have handled a number of retail lettings along the same parade in Fulham Road for many years, and in April we had all units occupied / under offer.

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Third floor George Street office space let to reputable hospitality group

Lease completed and third floor office space on George Street now successfully let to a reputable hospitality group.

Fantastic 1st floor office let to independent Finance Company

ANOTHER SUCCESSFUL LETTING! 8 Headfort Place - Fantastic 1st floor fully serviced office let to independent Finance Company

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PENTHOUSE OFFICE FLOOR WITH PRIVATE ROOF TERRACE LET TO ECHO ENERGY PLC

ANOTHER SUCCESSFUL LETTING – 40 George Street: Penthouse floor with private roof terrace lease surrendered and simultaneously relet to Echo Energy PLC

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WARREN STREET OFFICES LET SHORT TERM TO TECH COMPANY

We were instructed with the task to secure occupiers on flexible short term leases, whereby our client is able to obtain vacant possession the moment they are ready to commence works. Subsequently, we let the 1st floor office, comprising 1,699 sq ft.

LXM Checks in as 48 Pall Mall's First Tenant

Investment banking provider LXM Group has relocated its UK headquarters from Belgravia to the redeveloped 48 Pall Mall offices, becoming the building’s first tenant.

Recruitment for Renew Office Lease in Fleet Street

Recruitment for Renew Office Lease in Fleet Street

Robots Representing Tenants Seeking Offices

Robots Representing Tenants Seeking Offices

1,400 sq ft Midtown Office Sublet to Finance Company

1,400 sq ft Midtown Office Sublet to Finance Company

1,000 sq ft Short Term Mayfair Office Let to Property Company

1,000 sq ft Short Term Mayfair Office Let to Property Company

Advertising Agency Takes Lease in Notting Hill / Bayswater

Advertising Agency Takes Lease in Notting Hill / Bayswater

3,029 sq ft Fitzrovia Office Floor Let Short Term to Tech Company

3,029 sq ft Fitzrovia Office Floor Let Short Term to Tech Company

Major Ticketing Firm Surrender Soho HQ Offices

Major Ticketing Firm Surrender Soho HQ Offices

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3,200 sq ft Central Mayfair Self-Contained Building - Lease Sold to Finance Company

3,200 sq ft Central Mayfair Self-Contained Building - Lease Sold to Finance Company

A Risk Premium? The Market Now is Busier than Ever

A Risk Premium? The Market Now is Busier than Ever

1,900 sq ft West End Finance Firm Acquire Mayfair Offices

Anthony Lorenz, The Lorenz Consultancy, Rent Review, Commercial Property, Hanover Square, Mayfair, Lease Renewal, Lease Expiry, Niche Agency, Boutique Agency, Property Week, Baker Lorenz, Estates Gazette, New Office, Office Relocation, Lease Terms, Negotiation, New Lease, Commercial Property Market, Acquisition, Freehold, Leasehold, Property Article, Property News, Lease Assignment, Agency Acquisition, Rent, Letting, Leasehold Interest, Landlord, Tenant, Under Offer

4,250 sq ft Short Term Fitzrovia Offices Let to Tech Company

Anthony Lorenz, The Lorenz Consultancy, Rent Review, Commercial Property, Hanover Square, Mayfair, Lease Renewal, Lease Expiry, Niche Agency, Boutique Agency, Property Week, Baker Lorenz, Estates Gazette, New Office, Office Relocation, Lease Terms, Negotiation, New Lease, Commercial Property Market, Acquisition, Freehold, Leasehold, Property Article, Property News, Lease Assignment, Agency Acquisition, Rent, Letting, Leasehold Interest, Landlord, Tenant, Under Offer, Tech Company, Fitzrovia, Office Letting, Short Term Letting

3,200 sq ft Self Contained Building in Central Mayfair Lease Assignment Exchanged

3,200 sq ft Self Contained Building in Central Mayfair Lease Assignment Exchanged

International Commodities Traders Acquire 910 sq ft First London Office in the City

Anthony Lorenz, The Lorenz Consultancy, Rent Review, Commercial Property, Hanover Square, Mayfair, Lease Renewal, Lease Expiry, Niche Agency, Boutique Agency, Property Week, Baker Lorenz, Estates Gazette, New Office, Office Relocation, Lease Terms, Negotiation, New Lease, Commercial Property Market, Acquisition, Freehold, Leasehold, Property Article, Property News, Lease Assignment, Agency Acquisition, Rent, Letting, Leasehold Interest, Landlord, Tenant, Under Offer, Landlord, Office Space, London

1,500 sq ft Bayswater Penthouse Office Let to PR Company

1,500 sq ft Bayswater Penthouse Office Let to PR Company

Moncler Acquire 500 sq ft Knightsbridge Overflow Office

Monclear Acquire 500 sq ft Knightsbridge Overflow Office

2,500 sq ft Knightsbridge Office Acquired for Major Wealth Management Company

2,500 sq ft Knightsbridge Office Acquired for Major Wealth Management Company

1,708 sq ft Prime Mayfair Office Lease Assigned

Anthony Lorenz, The Lorenz Consultancy, Rent Review, Commercial Property, Hanover Square, Mayfair, Lease Renewal, Lease Expiry, Niche Agency, Boutique Agency, Property Week, Baker Lorenz, Estates Gazette, New Office, Office Relocation, Lease Terms, Negotiation, New Lease, Commercial Property Market, Acquisition, Freehold, Leasehold, Property Article, Property News, Lease Assignment, Agency Acquisition, Rent, Letting, Leasehold Interest, Landlord, Tenant, Under Offer, Fit Out

Former Lap Dancing Club Sold Subject to Planning to Publishing Firm for Owner Occupation

Former Lap Dancing Club Sold Subject to Planning to Publishing Firm for Owner Occupation

1,175 sq ft Fitzrovia Office Let to Travel Company

1,175 sq ft Fitzrovia Office Let to Travel Company

'We consulted with The Lorenz Consultancy Agency Team when searching for warehouse premises and a London showroom for our expanding furniture business. The team sent us a great selection of properties, we settled on one we liked with good transport access (as we have lots of deliveries in and out) and the Lorenz team negotiated a superb deal for us. A charismatic team with unrivalled experience and skill, and it shows!'

- Ben Hall
Loft Interiors

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