Latest News

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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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

LONG STANDING TENANT LEASE SURRENDERED FOR VACANT POSSESSION TO DEVELOP

Engineering Management Services had been in occupation of the self-contained ground and mezzanine floor for a substantial period, and were introduced to us when it was apparent they would need to relocate in time with the expiry of their lease in November 2018

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ENGINEERING CO RELOCATE FROM CLERKENWELL TO 2,566 SQ FT STRATFORD OFFICE

Whilst handling the early surrender of their lease on Vine Hill, we were urgently searching for accommodation for an inevitable relocation, where our Client entered into a flexible new lease

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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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3,667 SQ FT OFFICE FLOOR ACQUIRED FOR FAST GROWING PROP TECH COMPANY

We were introduced to a fast growing well funded online Estate Agency, to handle an urgent requirement to expand their London office, simultaneously consolidating the company as a whole into the City.

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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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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.

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40,000 SQ FT INDUSTRIAL PREMISES ACQUIRED FOR INTERIOR DESIGN / FURNITURE COMPANY

A friend of the firm asked us to handle the negotiations of 3 industrial units, comprising 40,000 sq ft in West London.

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.

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

MEDIA RECRUITMENT CO SECURED NEW 900 SQ FT MARYLEBONE OFFICE FOR RELOCATION

We helped Media Recruitment company, Arts & Media Ltd complete on their new lease on 900 sq ft Marylebone office, read more about it!

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A3 UNIT LET SHORT TERM TO FOOD/BAR CONCEPT

We successfully let 1,038 sq ft over ground and basement on Warren Street to a food/bar concept.

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.

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

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

Former Gentlemen's Club Sold to Owner Occupier for Development to Self Contained Office

Former Gentlemen's Club Sold to Owner Occupier for Development to Self Contained Office

Vacant Possession for Development Created Through Lease Surrender Negotiations

Vacant Possession for Development Created Through Lease Surrender Negotiations

577 sq ft Prime Mayfair Office Short Term Lease Assigned

One of our Lorenz Consultancy properties has just come on the market is 577 sq ft Prime Mayfair Office Short Term Lease Assigned. Come check it out.

Anthony Lorenz Signs for Seventh Hanover Square Office

Anthony Lorenz Signs for Seventh Hanover Square Office

'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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