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Morgan Pryce complete on prime Covent Garden space

Morgan Pryce complete on prime Covent Garden space
26th May 2017

Morgan Pryce complete on prime Covent Garden space

Morgan Pryce has recently completed on 3,500 sq ft of prime space in the heart of Covent Garden, on behalf of a multi-national media company.

The space, which has recently been refurbished to a CAT A standard (fully accessible raised floors, air conditioning, concierge service, and security), was agreed on a five-year term. Morgan Pryce was able to achieve an above market rental reduction and rent deposit level, securing 11 months rent-free.

Eugene O’Sullivan, Managing Director at Morgan Pryce, believes the market is offering strong incentives for occupiers;
“Whilst there is still competition for space, we are achieving strong financial deals for our clients in most Central London locations – especially the further east we look. With the market turning in favour of tenants, and vacancy rates increasing, it is a good time to consider looking for new space.”

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.


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