Lyle & Scott | Success Stories | SHB

Lyle & Scott

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Size: 9,000 Sqft.

Sector: Retail

Service: Acquisitions

Address: Camden, London

Type: Conventional Office

Website: https://www.lyleandscott.com/

Lyle & Scott had a lease expiry in their previous office in Oxford Circus and when SHB were appointed, they were looking to move their office further out of Central London and take on more space. SHB and the client started looking at lots of offices in various around London and then COVID struck and the brief changed about 4 times within about 9 months as they didn’t know how to proceed. They ended up acquiring a short term self-contained option of around 9,000 sq. ft. in Camden which they have just renewed on for a longer term.

Lyle & Scott found an office that suited their budget and requirements, as part of the space had to have a showroom element to it which was challenging given the brief but SHB succeeded in finding the right space.

SHB assisted in reducing Lyle & Scott’s year commercial outgoings by over 45% in comparison to staying put. Through getting a sublease at we were able to get a very good deal for the client where 7 months’ rent free was agreed upon where there were only 2 years left on the lease.