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High Holborn letting achieves new rent high

25 January 2017

A letting on the sixth floor of Frogmore’s newly refurbished Weston House on London’s High Holborn, WC1 has achieved a new office rental high for the location in the current cycle.

Following a competitive bidding process, digital advertising firm, Celtra, has leased 3,920 sq ft of space at a rent of £74.50 per sq ft, and joins the existing occupiers in the building Mishcon de Reya, Peace|Crowell and a UK Government department.

Frogmore Asset Manager, John Matthews, commented: “Our high quality refurbishment has attracted a wide range of tenants, and this latest letting has achieved the highest office rent agreed on High Holborn in recent years.”

Only the fourth and fifth floors in the building which both provide around 8,600 sq ft remain available. Three quarters of the available office space has let within six months of practical completion.

Farebrother and Edward Charles & Partners are the letting agents for Weston House. Reesa acted for Celtra.