Servcorp
Address: Level 30, The Leadenhall Building,122 Leadenhall Street, London EC3V 4AB
Size: 8 workstation office with access to meeting rooms plus generous business lounge and break-out facilities with flex provider
Client: Established Insurance and Fintech related company
Transaction: A flexible licence agreement allowing the client to flex up and down its space requirements and stay longer or re-locate
Brief
This client previously based in a 3,000sf leased office in the heart of the City had its lease coming to an end during the pandemic . The lease expiry presented an opportunity to right size the office for its Covid requirements and reduce its overheads whilst retaining flexibility to re-address its needs post pandemic.
Location: City of London, Insurance district
Size: 8 workstation office with access to meeting rooms plus generous business lounge and break-out facilities with flex provider
Term: A 6 month license agreement with rolling monthly notice from there
Start date. January 2021
Significant details: The space had to offer a positive, creative, professional tech environment where a team can work creatively and collaboratively and welcome clients
What we did
With BBG’s intimate knowledge of the best managed but most competitively priced flex offerings in the City core our Flexible Office team created a long-list of 16 options.
We narrowed the options down to nine to inspect and attended those viewings respecting rigorous social distancing. Nine centres were narrowed to three to present to the Board. The lure of “The Cheesegrater” in Leadenhall Street and its additional facilities proved key in its decision following which heavily discounted terms were negotiated on a flexible 6 month basis.
We continue to work closely with this client to navigate its route back to the office and support it in the post Covid office strategy.
For further information contact
