News

17 June 2019

Significant rent review savings for London recording studio

Commercial


The Gin Factory Studios in St John Street, Clerkenwell has recorded some of the UK’s leading contemporary music artists including Stormzy, Craig David, Paloma Faith, Dizzee Rascal, Tinie Tempah, Kylie Minogue, Professor Green. However, on this occasion it was SHW’s Professional Division hitting the right notes with respect to representing the tenant in a rent review effective from October 2017 and only recently concluded by a Third-Party surveyor.



In this respect an Expert Rent Determination was very nearly exactly the same (within 4%) as SHW’s valuation of a fair annual market sum saving the tenant a considerable sum annually for the next five years.

 

Client Kate Young of Soho Music Group said: “This is amazing! A much better outcome than expected! Thank you so much for all your help and advice through this arduous process.”

 

SHW Partner Nigel Amos said: “it was immensely gratifying to help the performing arts community in a part of London where rent reviews can strike fear into occupiers, and equally satisfying to be in accord with the RICS-appointed official adjudicator for the case.”

 

Contact:
Nigel Amos

namos@shw.co.uk

020 7389 1525


back to newspreviousnext

Author

Nigel Amos

Lease Advisory, Valuation, Expert Witness

Partner

see more
More from this author

Subscribe for more

share this article

Related articles

15 July 2019

First Brighton industrial new-builds for 15 years – available now

full story

8 July 2019

Century House, Brighton – fully let

full story

27 June 2019

SHW relocation services – finding the right space at the right time

full story

13 May 2019

New Hanningtons Estate – open, looking great and we have office availability!

full story

16 April 2019

New Surrey Police HQ & operational base site purchased - Leatherhead

full story

13 March 2019

Available now – 919 sq ft West End refurbished office

full story

13 March 2019

SHW Commercial Management gains 68,000 sq ft Cambridgeshire new-build development

full story

To ensure we give you the best experience on our website we use Cookies. You can change your cookie settings at any time. However, if you continue without changing your settings we will presume you are happy to receive all cookies on the SHW website.

Continue