Client: Arkadin / NTT Cloud Communications
A lease surrender and off-market transaction on another floor in the same building saved WB&A’s client almost half a million pounds.
Area: West London / Hammersmith
Historically, the Hammersmith area has been driven by larger international firms seeking access to both Heathrow Airport and Central London, such as Glaxo Smith Kline and Coca-Cola. It is also favoured by businesses in IT and related technologies as well as professional services firms.
We have consistently achieved acquisitions and below average market rents for our clients in this area.
New 5 year lease in Hammersmith for cloud collaboration company, Arkadin
Client: Arkadin / NTT Cloud Communications
We saved Arkadin £332,260 over the term of their 5 year lease when they took on on their new offices on Hammersmith Grove.
Transport options include Hammersmith (District and Hammersmith & City Lines) and British Rail services to Chiswick, Kew Bridge and Barnes; there are also numerous buses serving the area. This gives easy access to owners and staff living in West / South West London and the Home Counties, thus benefiting from a shorter commute, while still providing easy access to clients and contacts in the West End and City.
There is a shortage of high quality office space in central Hammersmith, leading to competition and high rents, so we are currently advising our clients to consider more cost effective locations nearby.