BNP Paribas Real Estate undertook a thorough search for ETX Capital, identified suitable office space and negotiated the terms of the lease.
The client’s existing building was due to be re-developed so new space was required. To allow for possible future growth, flexibility was essential and staff were eager to stay within the local area.
We reviewed a number of options close to the existing office space with a variety of different lease terms. A suitable opportunity to sublet was found nearby and we negotiated the terms to incorporate a two-year break in the five-year lease. The space was fully fitted, meaning limited capital expenditure and dilapidations for our client, minimal double overheads and limited disruption for the staff.
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