Office letting at The Courtyard, Worthing Road, Horsham.
Under offer within two weeks of marketing.
Negotiated 10-year lease, with 5-year break.
The Courtyard - Office Letting, Private landlord.
5,348
sq ft
of office space let to flexible office provider, Freedom Works.
Challenge
Vail Williams was appointed by a private landlord to secure the letting of a 5,348 sq ft office building, The Courtyard, Worthing Road in Horsham.
The building which had been 100% let had become vacant following a tenant insolvency and, following refurbishment, we were instructed to re-let it. on the back of a tenant leaving the premises.
How we helped
- Marketed the benefits of the building to known local businesses, promoting key benefits including car park to the rear, recent refurbishment, energy efficient benefits including LED lighting.
- Knowledge of active occupiers in the market allowed us to secure interest from flexible office provider, Freedom Works.
- Organised a viewing and negotiated the terms of the deal between our landlord client and Freedom Works, securing a 10-year lease with a 5-year break option.
“Working with Vail Williams has been incredibly straightforward, which has made the ability to transact on the property within a three-month period possible.”
Jon Trigg, Managing Director of Freedom Works
Result
- Market knowledge enabled a quick transaction at a good market rent following refurbishment of the premises.
- Avoided a costly void period for our client, securing a new tenant within just two weeks, and a deal secured within three months.
- Deal will see Freedom Works enter a new market in Horsham with a good quality building.
- The tenant is currently fitting out the premises, with a view to open early in 2025, and already has a waiting list of local business occupiers.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
CrawleyBrighton
