Frederick House | Alchemy Asset Management

Frederick House


Investor: Nuveen

Size: 16,000 sq ft

Small office building very close to the station let off very low rents at purchase. Agreed a surrender of an overriding headlease and subsequently agreed lease renewals with three tenants, doubling the rent in the process. Undertook refurbishment of all common parts, added tenant amenity and created contemporary fitted office product to one vacant floor. Successfully explored the potential for a new extra floor on top of the building.

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