City Becoming Centre of Learning
The interest from educational organisations in City office
buildings (subject to change of use) continues unabated. In a new deal terms have been agreed for The London School of Business and Finance to
lease the 90,000 sq ft offered at Sceptre Court, 40 Tower Hill (opposite
the Tower of London) from the Middle Eastern owner.
Following a lease expiry at the School’s 155,000 sq ft
building at Carey Street, WC2 in March 2014, Sceptre Court will add to other
London centres at 22 Billiter Street, EC3 and Holborn Links Estate, WC1.
The relocation is contingent upon change of use planning
consent from Tower Hamlets Council. LSBF will reportedly pay £30 per sq ft in
rent and the lease term is 15 years.
Newton Perkins advised INTO/University of East Anglia
in their pre-letting at 100 Middlesex Street, E1.
For further discussion please contact David Alcock or Michael Moon.
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