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Clerkenwell, London - HQ Sale & Leaseback

1/10/2016

 
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CBGA Robson's investment team have completed the sale and leaseback of an HQ office building in the heart of Clerkenwell.

We were instructed by a leading design and branding agency to conduct a discrete sale and leaseback of their freehold headquarters. The 8,200 sq ft office was reconstructed in 1987 and has been their home ever since. The sale and leaseback was transacted in October 2016 in defiance of the UK's decision to leave the EU.

We advised them on the structure of the leaseback to ensure they achieved the optimum balance of capital from the sale and flexibility for the occupational business. Having identified a shortlist of potential purchasers, we conducted an 'off market' sales process and concluded the sale with a purchaser who's investment strategy aligned well with the client's occupation.

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