We were instructed by Clearbell Capital LLP on the purchase of Voyager Place, a 57,000 sq ft headquarter office building on the edge of Maidenhead town centre. The offices were let to Alcatel with the lease approaching expiry.
The clients challenge
- To secure the freehold interest at the best price possible
- To advise on terms for an early surrender
- To advise on a total Cat A refurbishment and reposition the offices for letting at the top of the market
The LSH solution
- We used the advantage of our local and national expertise to secure the freehold in a highly competitive tender process
- We leveraged our client relationships to agree terms for the surrender
- We used its corporate Cool Space design initiatives to advise on best-in-class office refurbishment practices
Results achieved
- We went on to let the entire building to a global financial services company
- We completed the circle by selling the resulting investment at a sum which exceeded expectations
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