Queen Street, Mayfair
Queen Street Mayfair
London W1 – Offices
Our client, a firm of fund managers occupied a very attractive high quality period building in the heart of Mayfair. The owners of the building delayed implementing the rent review because of the rapidly rising rents in the area. We advised our client on the importance of dealing with the review quickly as rents were increasing. The lease enabled the tenant to instigate the review, which we did. The landlord eventually agreed no increase although he initially sought in excess of 10%.