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London W1 - Piccadilly Circus

Acting for the Tenant of 8 Glasshouse Street, London W1, I negotiated the rent review 24 June 2002. 

Landlord: Land Securities PLC. Landlord's Surveyors: Drivers Jonas.

The rent was £93,000 per annum and the proposal was £222,000 per annum.  

The Landlord referred the matter to arbitration, but proceedings were not pursued. I negotiated agreement at £125,000 per annum.  

In 2007, the lease came up for renewal but the Landlord wanted to include a break-clause for redevelopment. The Tenant consulted me on matters arising and I was involved in the negotiations with the Landlord.

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