SHB were instructed to acquire a new office for Sinochem International following 20 years in occupation in Westminster Tower. The move was a result of an upcoming block date. SHB negotiated on three options to increase leverage on the deal with the 1st floor at 20 King Street chosen as the preferred option. The 4,655 sq ft unit was in Cat A condition.
The space was acquired on a new 10 year lease with a tenant only break at the 5th anniversary. SHB achieved more than £1,500,000 in savings across the course of the term.