Welcome to

Our Knowledge Centre combines a unique set of useful tools to assist ALL office movers. Use our moving guides, office space calculator, dynamic rental map and other tools to get an idea of what type of office your company needs. We’ll make sure you get there.
Register for FREE now and get full access.


Morgan Pryce complete City lease

21st August 2014

Morgan Pryce complete City lease

Last week Morgan Pryce completed, on behalf of a Real Estate Investment Trust, a lease of 2,000 square feet unit on Cornhill just a few minutes’ walk from Bank, in the City Core. The client was previously based St James’s and when they met Morgan Pryce they were looking to expand out of their serviced office into a larger West End office in Mayfair or St James’s. 

The company we were acting for is a US entity who had set up the UK office a couple of years ago and as with many companies setting up offices in the UK for the first time, a serviced office was a good solution as it offers the flexibility in lease length that a new UK company requires. When taking a lease, landlords often require up to 12 months’ rent deposit and a minimum lease term of 5 years with a 3rd year tenant only break. 

We started the search looking for high quality grade A office space in Mayfair. We looked at options on Hanover Square at Grosvenor Street which were off the right client facing nature but the quoting rents were over £100 per square foot. 

Morgan Pryce educated them on the market explaining that rents in the City are well below Mayfair with far better incentives available. The search shifted to the City core and it was not long before we found the perfect option, a client facing office with a roof terrace right opposite the Royal Exchange. The office ticked all the boxes and after a smooth negotiation we put the space under offer and sailed towards completion.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants. 

Login and get FULL AND FREE ACCESS to our unique Knowledge Centre.

Morgan Pryce treats personal information safely and securely. Read more about how we store and protect information in our ​Privacy Policy​.

Forgot your password?

Please enter the email address used to create your account and follow the instructions to recover your password.

Didn’t receive an email? Check your spam inbox!

Create Your Account

Instructions have been sent to

Well Done!

Please check your inbox for a confirmation email.
You can manage your account details, email alerts and shortlists directly from your account.

or continue browsing


Thank you for confirming your email address! You are now subscribed to our Newsletters.

By continuing your browsing on our site, you agree to the use of cookies to perform visit statistics. Read more about our ​Cookie Consent Policy.