18 February 2019
Hermes Investment Management, the £33.5 billion manager, advised jointly by SHW and Savills, has agreed a new lease – totalling 3,310 sq ft of office space - at the iconic One Croydon building, located adjacent to East Croydon station. Sable International, a business specialising in cross-border financial and immigration advice and solutions, has taken the space on the 13th floor.
Ian Cody, Director - Asset Management at Hermes Investment Management, said: “One Croydon continues to be an appealing location for both new and existing occupiers. This letting is testament to the local amenities on offer, as well as the growing appeal of Croydon.”
Holly Purvis, Business Space Director for SHW, added: “Croydon is experiencing a shortage of prime office space with availability at just 3.5 per cent. This new letting proves an appetite from occupiers for a quality, refurbished space. Croydon’s rents remain competitive in the wider marketplace and continue to attract occupiers coming out of central London. Occupiers embrace One Croydon’s flexible floorplates, far reaching views and excellent location opposite East Croydon train station.”
The occupier will benefit from the Grade A office space, following a comprehensive internal and external refurbishment of the Croydon icon as well as the strategic location next to East Croydon Station.
One Croydon has further office space available in individual suites from 2,000 sq ft. This includes half and whole floorplates of 3,906 and 7,811 sq ft. It is being jointly marketed by SHW and Savills.
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