Client: Forma 5
By opening negotiations promptly, we secured a new lease for Forma 5, saving them £83,125 over the new term.
Industry Sector: Furniture Manufacturers & Distributors
We have spent 15 years working within the furniture industry worldwide, bringing new brands into the UK, and specifically the Clerkenwell and Farringdon area, where we have identified showrooms and successfully negotiated substantial savings on their behalf.
New clients are obtained by referrals from previous satisfied clients.
Freehold purchase of office furniture showroom – St John’s Lane, Clerkenwell
Client: Gresham Office Furniture
First UK showroom acquired in prime London location for innovative fabrics brand
Client: Ultrafabrics
Prompt action secures showroom space for global flooring company
Client: Chroma Global Flooring Solutions
Showroom acquisition close to Malmaison with a long term view for new brand
Client: Insightful Environments
Strategic advice and showroom acquisition for chair company on Great Sutton Street
Client: Pledge Seating
Off-market deal concluded in competitive market to give Wagstaff their first London showroom
Client: Wagstaff
Substantial rent free period achieved for acoustic specialists, Screen Solutions
Client: Screen Solutions
First London showroom for Gresham Office Furniture – one of the UK’s largest independents
Client: Gresham Office Furniture
Achieved nil increase on 5 year rent review in Northburgh Street, Clerkenwell
Client: Humanscale
We started negotiations well in advance of the relevant date and managed to maintain Humanscales’s existing rent in a rising market.
Rent Review for new MD, whose business was threatened with rent doubling
Client: Interstuhl
When a previous client moved to a new business to find that a doubling of the rent was proposed, he contacted us and we were able to save him £250,000
New ground and basement showroom for Humanscale
Client: Humanscale
We acted for Humanscale on the acquisition of the ground floor and basement of 13 Northborough Street, saving them £281,000
Showroom acquisition for furniture components company, Hettich
We specialise in obtaining substantial savings for commercial tenants, only working for landlords in exceptional circumstances, as we believe that those who work for both have a conflict of interest.
Most furniture manufacturers and distributors have a requirement for a ground floor showroom with adjacent office space, either on the same floor or in a basement or first floor.
Ground floor showrooms are increasingly difficult to obtain in EC1, so we work creatively to meet the client's brief. This includes identifying properties before they come to the market and introducing clients to one another in order that they can share space under a concession agreement.
Historically, this type of business has not been professionally represented in their property transactions and landlords have had free rein.
We have been able to secure properties for our clients at sensible rents and, equally importantly, with lease conditions which meet their longer term needs.
Want to buy a showroom, perhaps taking advantage of the tax benefits of a SIPP (self-investested personal pension)? We can help with that too.