29/05/2015

Wadham & Isherwood let 11,500 sq.ft. at Cathedral Hill, Guildford to GCL Solicitors

POSTED IN General

Acting on behalf of Friends Life Ltd and AXA Investment Managers, Wadham & Isherwood have let the last remaining space at 3000 Cathedral Hill, Guildford to GCL Solicitors LLP. GCL have taken a 15 year lease, subject to tenant breaks at the end of the 6th and 10thyears of the term, on the remaining 11,524 sq.ft of the second floor at 3000 Cathedral Hill at an initial rent equating to just under £22 per sq.ft. per annum exclusive.

Commenting on the deal Peter da Silva said, “This is an excellent result and means that 3000 Cathedral Hill is now fully occupied again. It also demonstrates that with the shortage of good quality accommodation available in the town centre, traditional town centre occupiers are quite happy to take accommodation slightly further out of the centre where it provides the style and quality required and they can take the benefit of an excellent level of car parking which is not generally available in a more central location.

For further information please contact Peter da Silva at the Guildford office on 01483 300176 or email pds@wadhamandisherwood.co.uk