Chequers House, Cambridge
Aberdeen Asset Management
Lease Renewal and office refurbishment on Newmarket Road, Cambridge.
What we did
We acted on behalf of the landlord on the lease renewal of a self-contained office let to a local firm of solicitors.
In addition to agreeing the new market rent and heads of terms for the new lease, we agreed terms for the landlord to carry out a CAT A refurbishment of the building to include new raised access floors, suspended ceilings with modern LED office lighting and a new VRF Air-Conditioning system. This involved seamless liaison between ourselves, our client’s solicitors and Bidwells’ building consultancy team, who are undertaking the refurbishment works.
- Bidwells provided significant enhancement to the capital value of the investment from the new 15 year lease to a strong covenant in a newly refurbished building.
17.6k sq ft
self-contained office in central Cambridge