22/06/2012

Wadham & Isherwood conclude largest letting in Woking this year.

POSTED IN General

Wadham & Isherwood, acting on behalf of The Charities Property Fund, have let the entire fifth and sixth floors of One Crown Square, Church Street East, Woking to Petrofac Engineering Ltd.

Each of the floors totals 7,910 sq.ft. thus confirming a total space of 15,820 sq.ft.

Petrofac are an oil services company and the requirement for additional space was project driven and thus a short term flexible lease has been agreed. The rent agreed equates to £20 per sq.ft. inclusive of service charge.

Crown House is located close to Petrofac’s Headquarters in Woking and thus the accommodation in Crown House ideally suited Petrofac’s need for additional space, as the proximity of the two buildings facilitated ease of communication links which was extremely important.

Also the space needed to be fully operational extremely quickly which meant that both Landlord and Tenant needed to co-operate and adopt a pragmatic approach to ensure that the right timetable was met. The entire process was completed in a little over 4 weeks.

For further information contact Peter Da Silva at Wadham & Isherwood on 01483 300176, pds@wadhamandisherwood.co.uk