William Hill, 53-55 Charing Cross Road, London, WC2

Having handled approximately 15 shops in Newport Court on rent reviews and lease renewals on behalf of Rosewheel Ltd, we then embarked on the March 2010 lease expiry of William Hills unit where they occupied originally the ground floor and basement. We renewed the ground floor with the travel agency Tenant separately and then negotiated a renewal with William Hill of their basement which was eventually settled at £38.00 per sq ft which they state is the highest rent in their basement rent portfolio. It is meant to be their most successful shop on the borders of Chinatown. Professional | Anthony Lorenz

16th November 2010, 03:10 PM

53/55 Charing Cross Road, London, WC2

Anthony Lorenz acted on behalf of Rosewheel on the lease expiry of this retail unit, let to William Hill and underlet to Omega Travel. A new 5 year lease was negotiated with Omega Travel at an increased rent of £62,500 per annum subject to 6 monthly Landlord break options and a Tenant’s option to determine at the expiry of the 3rd year. Simultaneously a rent of £50,000 per annum was agreed with William Hill in respect of the basement on identical terms. Agency Disposal / Acquisition | Professional | Anthony Lorenz

19th April 2010, 04:19 PM

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