Antalis - Small Heath, Birmingham

Client:

Antalis

Property:

Small Heath, Birmingham

Size:

76,000 sq.ft Office & Industrial Building

Instruction:

Negotiation of the surrender of a lease on 76,000 sq.ft industrial building, reducing the Client's total rent and dilapidations liability from around £1.5million to £0.5million.

This was achieved by negotiating a simultaneous surrender of the existing lease liabilities together with the acquisition of a new relocation property.