Deals

September 2013

More records broken on Soho’s Squares

 Monmouth Dean is delighted to have recently been in involved in two record breaking transactions on the two prestigious squares in Soho. On behalf of Universities Superannuation Scheme and DTZ IM, Monmouth Dean has achieved a rental level based on £75 per sq ft for the letting of a 2,920 sq ft first floor of 2/3 Golden Square. The superb floor with views over the Square was let to Omni Partners on a ten year term. This represents the highest rental level achieved in Golden Square during this economic cycle. Not content with breaking rental records, Monmouth Dean also recently advised the vendor of a ground floor long leasehold unit on the Soho Square, which was sold to an owner occupier for a price in excess of £1,350 per sq ft. This is the highest per sq ft price ever achieved in this location. The deals confirm Soho’s status as one of the most desirable office locations in Europe and the fact that Monmouth Dean are at the core of its success. Please contact Rhys Evans on 020 7025 1390 for further information regarding either of these deals.