Landlord Advisory

Ashwell London is proud to have played a key role in the swift letting of the part 5th floor at 90 Whitfield Street – a prime repositioned office building in the heart of Fitzrovia.

Brought to the market in pristine CAT A condition and comprising 6,458 sq ft on the north-west corner of Whitfield Street, this space quickly attracted high-calibre interest. Within just weeks, The British Medical Journal (BMJ) committed to a new lease – a testament to both the quality of the product and the strength of our marketing strategy.

90 Whitfield Street, a Derwent London asset, has been transformed into a modern workplace destination. The building benefits from a newly remodelled reception and best-in-class end-of-journey facilities, making it an attractive proposition for discerning occupiers seeking design, location, and functionality.

This result underscores the enduring demand for well-positioned, thoughtfully refurbished office space in central London

In 2020 during lockdown, Ashwell London was appointed by Derwent London to advise on its newest and largest scheme at the time in its portfolio, 25 Baker Street, W1.

The commercial element of the scheme totals c.276,000 sq ft, and we were appointed on the office element of 204,000 sq ft arranged over floors 1 to 9, with wrap around terraces on the upper levels and an extensive communal internal studio and external terrace on level 10.

Many years prior to our involvement I would walk through the car park at the rear of the scheme, what is now a soon-to-be a bustling food quarter named Loxton Walk, thinking how much potential the site had for development. I even pointed it out to my wife and children whenever we passed the building on our many social trips to Town.

Derwent London prides itself on the detail and I recall being invited to a warehouse in Essex where a mock up of one of the windows had been installed, utilising all the different stone and metalwork options under consideration. Add to this, we were then able to walk inside a mock up of the floor itself incorporating the different raised floor and raft systems for our selection.

Within a matter of months, the 5th to 9th floors were pre-let, followed quickly by another 50,000 sq ft over floors 3 and 4. This was astounding since the scheme was literally a hole in the ground. Before long the rest of the floors were pre-let with completion not for another c.4 months. We achieved record rents in the submarket and saw a strong increase in rents from the first to final letting.

I will never forget this piece of work. It was intense and at times nail-biting. I loved it and will always look back with pride at what was achieved.

Ashwell London is a boutique leasing advisor and undertaking work of this nature is celebrated and recognised in our history.

We are proud to work with some of the largest property companies and asset managers in London. Every project is different, and we continue to offer bespoke informed advice on finishes and financials based on the ever-changing climate of the London leasing market. Unable to rest on our laurels, we maintain a constant view of the terms of transactions completed and finishes adopted, with an eye always on new innovative concepts and ideas.

Our doors are wide open for business and we are waiting to talk to you.

A seismic shift in London's office market as Aldgate Tower, an iconic landmark, where we have just placed a significant 55,000 sq ft under offer to a household name. This move reverberates through the city's commercial sphere, marking a watershed moment that demands attention!

Renowned for its connectivity and location, Aldgate Tower stands as a beacon of modernity and sophistication in the heart of London. With seamless access to major transportation hubs and a plethora of amenities, it offers tenants a vibrant and dynamic environment to thrive.

We now have only 10,000 to 20,000 square feet suites immediately. The bottom three floors, totalling approximately 60,000 square feet will become available later this year and present a canvas for customisation, including the possibility of private 'front of house' areas and interconnecting staircases, catering to the unique needs of each client.

Aldgate Tower's latest triumph solidifies its status as a premier destination for businesses seeking to make a mark in London's bustling commercial landscape. With its unrivalled offerings and strategic advantages, it continues to redefine the standards of excellence in office spaces, setting a new benchmark for the industry.

Get in touch with the team to find out more

Excitement is in the air at Derwent London's prestigious 25 Baker Street as another 17,000 sq ft goes under offer on the 1st floor, leaving 7,200 sq ft available. This development is a testament to the allure and appeal of this remarkable scheme, set to redefine London's commercial landscape upon its Q1 2025 Practical Completion date.

Nestled in the heart of Baker Street, this iconic scheme by Derwent London stands as a beacon of innovation and sophistication, on course to achieve one of the highest ESG ratings of any development today, further emphasising Derwent’s commitment to reaching net carbon zero across its entire portfolio by 2030.

Boasting cutting-edge design and state-of-the-art amenities, 25 Baker Street symbolises the epitome of modern workspace, offering tenants an unparalleled environment to thrive and succeed.

Derwent London's commitment to excellence shines through in every aspect of 25 Baker Street, from its striking architecture to its prime location. With its proximity to major transportation hubs and a plethora of dining, retail, and entertainment options, the scheme offers tenants unrivalled connectivity and convenience.

With its impending completion, now is the time to secure a coveted spot in this exceptional development and be a part of London's future skyline.

Don't miss out on your chance to be a part of this groundbreaking scheme.

Contact Ash for more information: 07721 001751

Ashwell London is proud to announce that we have either let or placed under offer all three office floors at 52 Conduit Street immediately upon Practical Completion of refurbishment works.

Building on the momentum of the previously successful leasing of the 1st floor a year prior, Ashwell London, alongside their joint agent Knight Frank, executed a strategic leasing strategy with precision.

From tendering out floor fit-outs to advising on rental aspirations based on comprehensive market research, Ashwell London's guidance proved instrumental in maximising the potential of the building.

The swift and successful outcome speaks volumes about our understanding of the market and unwavering commitment to delivering exceptional results for our clients.

"We couldn't be happier with the results," remarked Ash Sharma, Principle Director at Ashwell London. "This achievement underscores our dedication to providing tailored solutions and strategic advice that align with our clients' objectives. It's a testament to the collaborative effort of our team and the strength of our partnerships."

As we continue to set new benchmarks in the real estate sector, our latest triumph at 52 Conduit Street serves as a testament to our unwavering pursuit of excellence and our ability to drive success in today's very competitive office leasing landscape.

Global independent investment bank, Moelis has taken two floors totalling c.49,500 sq ft sq ft within Derwent London's forthcoming 25 Baker Street scheme, which is set for practical completion in Q4 2024. The scheme is Derwent's largest West End office scheme and Ashwell London has been advising on this exciting project since 2020. Moelis has acquired two floors on levels 2 and 3. PIMCO has acquired levels 5 to 9, with an option to take the 4th floor. Should PIMCO not exercise this option, then Moelis will take levels 3 and 4, leaving just the 1st and 2nd floors of c.49,000 sq ft available to let. Should you require any information on this exciting scheme, please call Ash Sharma 07721 001751

Ashwell London is thrilled to announce that PIMCO, the global investment management company has pre-let 106,100 sq ft of office space on levels five to nine within Derwent London's 25 Baker Street scheme, at a rent of £11.0m which equates to an average of £103 per sq ft

The lease is for a 15-year term without breaks. PIMCO has an option to expand to include level four (24,700 sq ft) which can be exercised up to 12 months prior to practical completion.

Ashwell London is appointed to lease the office element of this 298,000 sq ft mixed use scheme, which is now 56% pre-let, excluding the pre-completion expansion option.

We are now able to offer 100,000 sq ft within this exceptional scheme providing best in class offices with the aim of meeting industry-leading sustainability and digital standards. Floors are c.24,000 sq ft each, offering stunning workspace, flooded with natural daylight and flexibility for all occupiers to adapt to open plan or cellular layout, due to 360 degrees of windows.

We have agreed the letting of just under 15,000 sq ft within Charlotte Building, 17 Gresse Street London, W1.

A Leading media agency The & Partnership have acquired two entire office floors in this island building benefiting from fully accessible metal tile raised floors, in excess of 3 m ceiling heights and full height windows offering immense levels of natural daylight. We concluded this transaction prior to formal marketing.

The building was developed by Derwent London in 2009 and totals 47,200 sq ft of offices arranged over ground to 6 floors. Features include bespoke cladding as well as a landscaped, granite courtyard and gates specially commissioned as a public art feature by Tom Dixon. In 2010, Charlotte Building won the RIBA London Award and the BCO Best Commercial Workplace London & South East Award.

Acting on behalf of a private overseas investment company we have now agreed a management agreement to Space Made Serviced Offices over the entire 17,200 sq ft within his former light industrial building.

Sitting at the apex of the thoroughfare, natural daylight floods each of the floors from full height windows.

Our client has finished the building to a high standard with fully accessible raised floors, plaster ceilings with LED lighting and a healthy supply of cycle racks and shower facilities.

On behalf of Lazari Investments, it is our pleasure to confirm that we have leased the entire first floor offices totaling approximately 8,000 sq ft to a leading UK high fashion brand. The offices were finished to a bespoke specification on behalf of the tenant by our client, offering beautifully curated space within this former warehouse style building. With a full elevation of windows on front and rear of the floor, together with its own private courtyard area the floor is flooded with natural daylight creating a wonderful working environment.

Fitzroy is a diverse residential area where grand 18th and 19th century apartments sit side-by-side with spectacular Victorian warehouse buildings. The area is littered with world-class restaurants, bars and boutique shops and galleries. Some of the largest brands and e-commerce companies call Fitzrovia their home which, alongside its amenities, is only increasing its appeal to its otherwise established neighbour, Soho.

On behalf of Global architects, BDP Pattern, specialists in sports and entertainment stadiums, we are absolutely delighted to have just let approximately 8,000 sq ft within 222 Grays Inn Road, WC1.

The building totals marginally under 300,000 sq ft and is owned by CLS Holdings plc and managed by Telereal Trillium.

The space was stripped out by our clients and they created an incredible working environment with 3.5m ceilings with fully exposed soffit, an open plan area with numerous fitted boardrooms and staff areas. The space was served with an integrated air-conditioning system and benefited from natural daylight from two full elevations of windows.