Reigate Place, Reigate, Surrey

This is a building we manage. It is 14,000 sq ft in a prime position on London Road very close to Regate Station. It was let to Eurodus Electron Plc when our client bought it. Eurodus went into Administration.The Japanese word for crisis is the same word for opportunity and we advised our client that there was now the opportunity to upgrade the building. We rebranded the building Reigate Place, organised the upgrade including comfort cooling, LG3 compliant lighting, etc all to a much better standard than Reigate is used to seeing. We let the ground floor to TDK Electronics, the first floor to Bishop Cavanagh IT, the second floor to Enturia Limited and the third floor to WS Planning. The building is now completely refurbished and fully let at an average rent of £21.00 per sq ft, compared to the £18.00 per sq ft that Eurodis were paying.

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