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Unit 8, The Terraces, Brighton |
 The Lorenz Consultancy was instructed on behalf of Brighton Seafront Regeneration Limited to negotiate this restaurant rent review overlooking Brighton Seafront and The Palace Pier. The rent review proceeded to an Independent Expert determination, where the rent was increased from £70,000 per annum to £113,500 per annum. Professional | Kathryn Sowter |
5th April 2012, 05:11 PM |
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28 Baker Street, London, W1 |
 On behalf of Loftus Family Property, we negotiated the 25 March 2010 rent review of the Betfred unit at 28 Baker Street, where the rent was increased from £52,000 per annum to £59,000 per annum. Professional | Kathryn Sowter |
5th April 2012, 05:06 PM |
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23 Woodstock Street, London W1 |
 A long standing client of the firm, Bonhams, instructed The Lorenz Consultancy to negotiate the June 2011 lease renewal of their office premises, situated adjacent to the main Bonhams site. A new 5 year lease was agreed subject to mutual break options from March 2014. Professional | Kathryn Sowter |
5th April 2012, 05:02 PM |
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Fountain Court, Oxford Spires Business Park, Kidlington |
The Lorenz Consultancy were retained by Eskmuir Properties to negotiate the lease renewal of offices on this Oxfordshire Business Park. The Tenant, Thames Valley Policy, occupy some 15,000 sq ft in the subject building, together with other buildings on the Park. We negotiated a 10 year lease, with a Tenant option to break in year 5 at a rent of over £200,000 per annum.
Professional | Anthony Lorenz | Kathryn Sowter |
5th April 2012, 04:50 PM |
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24/25 Mount Street, London, W1 |
 We were appointed on behalf of Frelene Limited to negotiate the rent review of the Marc Jacobs unit on Mount Street. This prestigious retailing street in Mayfair has seen significant rental increases in recent years and this trend was reflected in the rent which was reviewed from £120,000 per annum to £310,000 per annum, equating to £345 per sq ft Zone A. Professional | Kathryn Sowter |
5th April 2012, 04:46 PM |
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1-3 Walton Street |
 The Lorenz Consultancy acted for the famous Italian Restaurant, Scalini, in the negotiation of their rent review effective September 2010. With only 5 years remaining on the lease, we also negotiated a 15 year extension, thus ensuring the continued success of Scalini for the foreseeable future. Professional | Kathryn Sowter |
5th April 2012, 04:43 PM |
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Her Majesty's Theatre, Haymarket |
 We even get involved in theatre rent reviews and acting for Really Useful Group, we regeared the Lease held on the 1,200 seat theatre in consideration of under £100,000 against the Landlord’s quote of £250,000 per annum, extending our client’s occupancy until August 2030. Professional | Anthony Lorenz | Kathryn Sowter |
6th March 2012, 10:36 AM |
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13 Carlos Place |
 Hamilton Galleries have been clients of the firm for almost 15 years and we settled their September 2011 rent review at a rent of just under £250,000 per annum for some 3,700sq ft of retail space. We took a proactive stance on this review in view of a fast rising retail market in the area. Professional | Anthony Lorenz | Kathryn Sowter |
6th March 2012, 10:33 AM |
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Loftus Family Property - 22 Baker Street, London, W1 |
Loftus Family Property entrusted us with the negotiation of the December 2010 rent review on this five year old building comprising some 45,000 sq ft let to Fujitsu with a passing rent of £47.00 per sq ft and after extensive negotiation we settled the review at £55.00 per sq ft, given the advantage that the valuation date could easily have been September to December 2011.
A successful negotiation indeed.
Professional | Anthony Lorenz | Kathryn Sowter |
3rd June 2011, 05:09 PM |
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Chinawhite, 4 Winsley Street, London, W1 |
We are delighted to be instructed to act on behalf of Chinawhite on their lease renewal, looming up in September 2012. A long list of clubs that we act for, include Fabric, Sketch, Tramp and others in Central London.
Professional | Anthony Lorenz | Kathryn Sowter |
16th May 2011, 03:33 PM |
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Pont de la Tour, Butlers Wharf, Shad Thames, London, SE1 |
On behalf of D&D London, we were instructed to handle the Ponte de la Tour September 2010 rent review, comprising some 8,500sq ft with extensive views over the river.
The Landlord’s were quoting an increase of almost 50% above the previous rent reserved and after extensive negotiations an Arbitrator was appointed, and an eventual settlement was achieved at an increase of only 21%.
Professional | Anthony Lorenz | Kathryn Sowter |
13th May 2011, 05:44 PM |
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Morley House, 26-30 Holborn Viaduct, London, EC1 |
 Major property company Tannen Group, owners of this 51,290 sq ft building have instructed us to asset manage either renewals of leases or reletting of the entire building or part thereof from expiries in 2012. A major asset management opportunity in a location which is fast improving, being the pivot between the improving midtown and city markets.
Professional | Anthony Lorenz | Kathryn Sowter |
4th May 2011, 05:37 PM |
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Scotts Restaurant, 20-22 Mount Street, London W1 |
 After 1½ years of negotiation and extensive arbitration, which took 9 months because of legal issues, we eventually achieved a favourable settlement on Scott’s Restaurant rent review for our clients Frelene. The reserved rent of £310,000 per annum was subject to review and the Tenant was fighting for nominal increase. However, the Lease permitted the premises to be valued either as Retail, Restaurant or a mixture of both. After a full bloodied arbitration a figure of over £430,000 per annum was determined.
Professional | Anthony Lorenz | Kathryn Sowter |
28th April 2011, 09:57 AM |
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Architects in 73-75 Hallam Street & 8 Weymouth Street, London W1 |
 Ridgeford instructed The Lorenz Consultancy to negotiate their December 2010 rent review against their Tenant, the Architects Registration Board, which was successfully agreed via Calderbank at an increase from £73,913 per annum to £122,299 per annum. Ridgeford is a UK property company which specialises in Central London Development. Architects Registration Board is the statutory regulatory board of architects in the UK and prescribes the standards for architecture competence and practice. Without being on the Architects Registration Board register one is unable to call oneself “architect”.
Professional | Kathryn Sowter |
10th April 2011, 03:24 PM |
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The Gherkin, 30 St Mary Axe, London, EC3 |
 Anthony Lorenz was delighted to be instructed on behalf of Super Derivatives in respect of their March 2011 rent review of their offices on 33rd Floor of The Gherkin. Super Derivatives are a leading derivatives solution provider and The Lorenz Consultancy aim to assist the company in their continued success by minimising the rent payable on review.
Professional | Anthony Lorenz | Kathryn Sowter | Kimi Gordon |
9th March 2011, 10:59 AM |
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Danesfield House Hotel, Spa Illuminata, 63/63A South Audley Street, London, W1 |
 The Light Shines Brightly, Illuminata - What a magnificent healthspa on the corner of South Audley Street and Alford Street. The Landlord quoted a rent of over £200,000 per annum on the December 2009 review and after extensive negotiation where we almost settled, our client decided to push the Arbitration button. We were pleasantly surprised when the Arbitrator determined £142,000 per annum against a reserved rent of £77,000 per annum in an area where rents in Mount Street and South Audley Street are said to have trebled over the last five years.
Professional | Kathryn Sowter |
15th February 2011, 05:42 PM |
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Rare Art (London) Ltd, Chancery House, 53-64 Chancery Lane, London, WC2 |
 Rare Art (London) Limited came to The Lorenz Consultancy via their solicitors and occupied approximately 2,000 sq ft on a lease expiring March 2011 where the Landlord endeavoured to impose an RPI formula increase to £95,000 per annum. With the help of their lawyers we found this to be the incorrect method of valuation and embarked on the alternative rent review where the Tenant wanted a longer lease, subject to a rent review and Tenant only break option five years later and settled at less than a £5,000 per annum increase from the existing rent, with a 3 month rent free period thrown in.
Professional | Kathryn Sowter |
28th January 2011, 05:39 PM |
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Chameleon Net, 3rd Floor, 12 Cock Lane, London, EC1 |
 Chameleon Settled Rent Review – Even if the depths of the City, Chameleons do not hide very well. We found that Chameleon.Net have a lease expiry in June 2011 and we acted on their behalf to renew the lease for five years at a rent of only £18.00 per sq ft. We also negotiated a rent free period for our clients as a quid pro quo towards renewal.
Professional | Kathryn Sowter |
27th January 2011, 04:36 PM |
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Pearl & Coutts, 22 Grosvenor Gardens, London, SW1 |
 Pearl and Coutts and their joint venture partner entrusted us to act on their behalf on a Landlord’s January 2010 rent review on an office building let to Alpha Plus Group Limited in the heart of Victoria. This was a tricky one where there were not many comparables on which to rely, but after extensive negotiations the rent was increased from just over £155,000 per annum to just over £171,000 per annum – approximately £31.00 per sq ft.
Professional | Anthony Lorenz and Kathryn Sowter |
23rd December 2010, 04:25 PM |
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Tramp, 36-40 Jermyn Street, London, SW1 |
 Lorenz may be too old for clubbing but certainly not too old to handle their rent reviews. The famous Tramp nightclub offering some 4,600 sq ft on ground floor and basement faced a massive demand from the Landlords of £350,000 per annum against a current rent of £180,000 per annum. After extensive negotiations a deal was struck at approximately £225,000 per annum only payable from March 2011.
Professional | Kathryn Sowter |
20th December 2010, 03:44 PM |
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L&R Mortali Ltd, 388-389 Strand & 38 Southampton Street, London, WC2 |
 A Trip Down the Strand – Anthony Lorenz has acted for many Italian restaurateurs over the years and there is no coincidence when the proprietor of Paradiso E Inferno came to us to handle this complex Lease Renewal, where his two leases, held at approximately £150,000 per annum had expired in March 2009. Whilst the Tenant was entitled to a 15 year lease, the Landlord wanted to keep open his long term strategic options to redevelop or substantially reconstruct and accordingly the renewal was handled virtually without increase.
Professional | Kathryn Sowter |
3rd December 2010, 04:41 PM |
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63/63a South Audley Street, London, W1 |
We were instructed on behalf of Danesfield House Hotel Ltd, who run a high class daytime spa in the heart of Mayfair, to act on their behalf in respect of their December 2009 rent review on Illuminata Spa. A negotiated settlement with the Landlord was not possible and the matter is currently at Arbitration.
Professional | Kathryn Sowter |
10th November 2010, 03:03 PM |
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6th Floor, 8-9 Berkeley Street, London, W1 |
 Consolidated Property Group intructed us to handle the negotiations on the March 2009 rent review on some 1,289 sq ft let to Thistle Energy Ltd. After extensive negotiations a settlement was agreed equating to £54.30 per sq ft.
Professional | Anthony Lorenz | Kathryn Sowter |
30th October 2010, 01:00 PM |
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1st – 3rd Floors, 36-38 New Oxford Street, London, WC1 |
 Safeland use Tony Lorenz for complex property work and instructed him to handle a 2,500 sq ft lease renewal in March 2009 where the Tenant agreed a 10 year lease at a rent of £47.50 per sq ft - luckily in view of the fall in the market the renewal was negotiated on time.
Professional | Kathryn Sowter |
28th October 2010, 03:57 PM |
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25-26 Dering Street, London, W1 |
 We are instructed on behalf of the Tenant, MacCullock & Wallis Ltd, to act on their behalf in respect of their lease renewal, effective November 2011. MacCullock & Wallis have run their famous fabrics outlet from these premises for over 100 years.
Professional | Kathryn Sowter |
19th October 2010, 03:12 PM |
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12 Upper Grosvenor Street, London, W1 |
 Acting on behalf of Mayfair & Belgravia Commercial Investments LLP, we entered into discussions with the Tenant on this period premises comprising 5,821 sq ft, conceding a nil increase rent review as at June 2010 and also dealing with the Tenants application for consent to underlet the premises in its entirety.
Professional | Kathryn Sowter |
19th October 2010, 03:08 PM |
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Unit A, Tannery Close, Beckenham, BR3 |
The Storage Depot, currently occupying some 37,350 sq ft instructed us in respect of their September 2009 rent review whereby we managed to agree a revised rent without recourse to Arbitration.
Professional | Kathryn Sowter |
8th September 2010, 03:20 PM |
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Screen House, 119-125 Wardour Street, London, W1 |
 Thompson, another longstanding client of The Lorenz Consultancy held four separate leases within this office building on Wardour Street. We successfully agreed the 2010 rent reviews, the Tenant-only break options were removed and a lease renewal was agreed on the various floors, this resulting in the Tenant benefiting from a reduction in the overall rent payable and securing a rent free period in the process.
Professional | Kathryn Sowter |
20th August 2010, 03:46 PM |
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69 Duke Street/Binney Street, London, W1 |
The Lorenz Consultancy was delighted to be instructed on behalf of The Grosvenor Office to assist them in their negotiations with the various retail and restaurant Tenants in order to achieve vacant possession for their redevelopment. The vacant possession was secured in respect of each unit in order to ensure the development process could commence as scheduled.
Professional | Kathryn Sowter |
6th August 2010, 03:54 PM |
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Unit 1E, Brewery Road, London, N7 |
 We were instructed on behalf of Premierquote Ltd in respect of their September 2009 lease renewal of this industrial unit, totaling some 13,062 sq ft. Despite the difficult economic climate and the Tenant threatening to relocate, we secured an increase in the rent on a 5 year lease with the Tenant, Sixt Kennington Ltd.
Professional | Kathryn Sowter |
12th July 2010, 03:59 PM |
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2-3 Lancashire Court, London, W1 |
 The Lorenz Consultancy was instructed on behalf of Elemis Ltd to negotiate the June 2009 rent review on their daytime spa comprising some 2,026 sq ft. A substantial discount from the Landlord’s initial proposal was achieved by negotiation.
Professional | Kathryn Sowter |
9th July 2010, 04:01 PM |
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Grosvenor Estate - Duke Street/Binney Street Development Asset Managing/Redevelopment |
 After extensive negotiations with all Tenants we were delighted to secure vacant possession at the date of each lease expiry to facilitate the scheme being kick started. Life is never easy negotiating with so many Tenants, when any one of them could endeavour to hold up the scheme, even if they are not entitled to new leases.
Professional | Kathryn Sowter |
28th June 2010, 03:42 PM |
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1st Floor, Queensberry House, 3 – 9 Old Burlington Street, London, W1 |
 Major Central London Developer, Hines UK instructed The Lorenz Consultancy to negotiate it’s December 2008 rent review on some 14,000 sq ft where the Landlord’s quoted approximately £110.00 per sq ft. After extensive negotiations failed this was taken to Arbitration where we argued that the September 2008 market had all but collapsed with Lehman Brothers having hit the wall in September 2008. An Arbitrator determined that the fair rent was £68.00 per sq ft against the quoted rent of over £110.00 per sq ft. A really successful result which shows that Arbitration sometimes pays dividends.
Professional | Kathryn Sowter |
7th June 2010, 03:30 PM |
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5th Floor, 8-9 Berkeley Street, London, W1 |
 Consolidated Property Group instructed us to handle the November 2009 rent review on some 1,278 sq ft let to PESGB Ltd. After extensive negotiations a settlement equating to £54.77 per sq ft was agreed.
Professional | Anthony Lorenz | Kathryn Sowter |
7th May 2010, 01:07 PM |
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125 Mount Street, London, W1 |
 Aaron Gallery appointed us to act on their behalf in respect of their December 2008 rent review and after extensive negotiations a settlement was agreed without the need for a 3rd party referral, which then permitted the Tenant to assign their lease at a substantial premium.
Professional | Kathryn Sowter |
18th February 2010, 09:24 AM |
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Railway Arches, 94-96 & Part Arch 93, Queenstown Road, London, SW8 |
Anastasia Ltd, the owners of Marco Polo House on Queenstown Road together with various railway arches, instructed The Lorenz Consultancy to handle the June 2008 rent review, the demise comprising 4,547 sq ft. We achieved an increase in rent to £34,100 per annum.
Professional | Kathryn Sowter |
16th February 2010, 04:26 PM |
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Tower House, Southampton Street, London, WC2 |
 Derwent London is a long-standing client of the The Lorenz Consultancy and appointed us to handle a number of rent reviews in Tower House, the first of which was settled at an increase of 55%.
Professional | Kathryn Sowter |
8th February 2010, 02:53 PM |
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Freedom, 60-66 Wardour Street, London, W1 |
 The Lorenz Consultancy was instructed to act on behalf of Soho Clubs and Bars in connection with their February 2009 rent review on the ground and basement floors comprising some 4,691 sq ft. As part of the rent review settlement, we agreed a 15 year lease extension.
Professional | Kathryn Sowter |
22nd January 2010, 09:28 AM |
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Railway Arches, 85-92 and part arch 93, Queenstown Road, London, SW8 |
Anastasia Ltd appointed The Lorenz Consultancy in connection with the September 2009 rent reviews on some 9,281 sq ft. A revised rent of £69,600 per annum was eventually agreed.
Professional | Kathryn Sowter |
5th January 2010, 09:31 AM |
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3rd & 4th Floor, Lector Court, 151/153 Farringdon Road, London, EC1 |
 The Lorenz Consultancy was instructed to negotiate the 3rd & 4th Floor rent review on behalf of Darkstorm Services Group. As part of the rent review negotiations we not only agreed a favourable level of rent on review but restructured the 4th floor accommodation to be coterminous with the 3rd floor lease, achieving a rent-free period for our client.
Professional | Kathryn Sowter |
23rd December 2009, 02:49 PM |
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Westfield House, 30 Knaresborough Drive, London, SW18 |
 The Lorenz Consultancy were instructed to run an upwards/downwards rent review on the 75,000 sq ft industrial unit, occupied by the Government and owned by overseas investors. The rent review was run up to Arbitration, with the end goal being to allow our clients to negotiate a surrender premium in order to free the site for residential development.
Professional | Kathryn Sowter |
15th December 2009, 02:47 PM |
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Units A & B, 239-241 Acton Lane, London, NW1 |
Longstanding client, Cadogan Tate, instructed The Lorenz Consultancy to negotiate the January 2009 rent reviews on their Park Royal warehouse units totaling some 80,000 square feet. We negotiated a significant saving from the Landlord’s original proposal.
Professional | Kathryn Sowter |
25th August 2009, 03:07 PM |
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45 Fouberts Place, London, W1 |
 We acted on behalf of the Tenant, Extreme Information, in respect of their June 2009 rent review of this self-contained Soho building comprising 11,957 sq ft. We achieved a significant saving from the Landlord’s quote and paid a minimal uplift from the previous rent passing as a compromise to avoid Arbitration.
Professional | Kathryn Sowter |
14th July 2009, 03:15 PM |
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1st Floor, 3/7 Portman Square, London, W1 |
 We were instructed on behalf of the Landlord, Diner Management Services to negotiate the September 2007 rent review on some 3,470 sq ft occupied by Barclays Bank. The previous rent review has proceeded to Arbitration, however we achieved a significant uplift by negotiation on this occasion.
Professional | Kathryn Sowter |
7th May 2009, 03:28 PM |
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Bond Street House, Clifford Street, London, W1 |
 Shore Capital Ltd appointed The Lorenz Consultancy to handle rent reviews on the 1st and 2nd floors comprising some 4,485 sq ft per floor. One of the leases had a break clause and Shore Capital gained a small rent free period as a quid pro quo towards not exercising the break. We are now handling the rent review and lease renewal negotiations.
Professional | Kathryn Sowter |
8th April 2009, 02:52 PM |
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67-71 Haymarket, London, SW1 |
 Metropolitan Restaurant Group, trading as Galileo's, appointed The Lorenz Consultancy to handle the rent review negotiation against Land Securities and eventually secured a reduction of 21% from the Landlords quoting rent.
Professional | Kathryn Sowter |
18th March 2009, 02:52 PM |
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104 New Bond Street, London, W1 |
 The Lorenz Consultancy were instructed to act on behalf of the Tenant, Limebrook Ltd in connection with the September 2008 lease renewal of their retail premises on New Bond Street. A significant saving from the Landlord’s proposed rent was achieved for a new 5 year lease, subject to a further option to renew in order to retain flexibility for our client.
Professional | Kathryn Sowter |
9th January 2009, 03:37 PM |
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200 Gray’s Inn Road, London, WC1 |
We acted on behalf of Globecast who occupied 9,100 sq ft on part 2nd floor at 200 Gray’s Inn Road. The June 2008 rent review was settled at a rent reflecting a saving of over 23% from the Landlord’s initial proposal.
Professional | Kathryn Sowter |
4th December 2008, 02:44 PM |
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7-8 Argyll Street, London, W1 |
 A renowned West End nightclub faced a back-dated rent review, from June 2004 and simultaneously with a rent review in June 2009. The Lorenz Consultancy acted on behalf of a long-standing client, Really Useful Group, and achieved significant uplifts in respect of both rent reviews.
Professional | Kathryn Sowter |
7th November 2008, 02:45 PM |
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Berger House, Berkeley Square, London, W1 |
 WPP instructed The Lorenz Consultancy to handle the rent reviews in March 2008 on some 13,000 sq ft and after receiving a quoting rent of over £60.00 per sq ft. The settlements were negotiated at circa £45.00 per sq ft without the need to revert to arbitration.
Professional | Anthony Lorenz | Kathryn Sowter |
26th August 2008, 03:00 PM |
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