Marchmont Advises Ash Gaming

Posted: 13th March 2015

Ash Gaming signed a new 5 year lease in December 2014, which provided for a ‘tenant only’ option to determine at the end of the third year, and were granted an 8 month rent free period – the headline rent paid of £37.50psf is considerably below the level advertised on similar office accommodation in this property hot spot.

Kevin Davies from Marchmont went on to explain “These types of commercial property agreements within the SE1 area are delicate and take a number of years worth of experience to satisfy the client and ensure the best outcome. This space was identified as suitable for the client’s needs and we are happy with the end outcome.”

Following completion of the acquisition on 19th November 2014, Marchmont also project managed the tenants Grade B Fitting Out Works. These were successfully concluded in time for the carpet to be laid on 19th December 2014. Marchmont also organised the furniture move over the Christmas period and the office was fully operational for staff on their return after the Christmas break.