A Terry Farrell-designed, freehold office building located on one of the City of London’s important ceremonial streets, Queen Street, leading from the River Thames to the Guildhall. The building comprised 42,000 sq.ft. over basement, ground and six upper floors. L&O identified this property as an ideal refurbishment opportunity where a carefully considered value-add strategy could be applied.
Built in the early ‘80s the property was looking tired, dated and in need of a face lift. The remaining 12-month lease term running on from the date of the acquisition, gave the team adequate time to identify and evaluate alternative schemes before finally opting for a comprehensive refurbishment project which would entail a total refit with a strip back to the core.