Chapel House extends to some 19,936 sf, and is let to Rank Hovis, with a guarantee from parent company the food conglomerate Rank Hovis McDougall until November 2015. The current rental is set at £29 ($42) per sf subject to five yearly upwards only rent reviews.
Property consultant Knight Frank acted for the Crown Estate and King Sturge represented Hermes.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.