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We’re delighted to share some fantastic news. Hugo Hayes, a Surveyor within our Professional Services team, has successfully passed his APC. As a result, he is now a qualified Chartered Surveyor and Registered Valuer.

This is a massive milestone for his career. Ultimately, it reflects the immense hard work, commitment, and professionalism Hugo has shown every day. Over the past two years at Kinney Green, Hugo has worked hard to develop his expertise. Therefore, this achievement is thoroughly deserved.

Congratulations, Hugo!

What is the RICS APC?

The Assessment of Professional Competence (APC) is a notoriously tough training programme. It is run by the Royal Institution of Chartered Surveyors (RICS) to ensure global industry standards. Crucially, achieving MRICS status proves that a surveyor has met the highest benchmarks of technical skill and ethics.

For Hugo, this success marks the culmination of years of hard work. In addition, it represents a demanding final assessment and intensive on-the-job training. Because of this achievement, Hugo is now a Registered Valuer too. This means he is fully qualified to deliver formal, RICS-compliant “Red Book” valuations.

Supporting Growth at Kinney Green

At Kinney Green, we love fostering an environment where young talent can truly thrive. In fact, Hugo’s success highlights our ongoing commitment to professional development. We always strive to mentor the next generation of property leaders in London.

During his two years with our firm, Hugo has become an invaluable asset to our department. Specifically, he has worked closely with clients to navigate a shifting real estate market.

Enhanced Expertise for Our Clients

Because of Hugo’s new credentials, our Professional Services team strengthens its market-leading capabilities across London. Our clients will benefit directly from his advanced qualification during rent reviews or lease renewals. Furthermore, his Chartered status brings vital technical depth to strategic valuations.

If you want to learn how Hugo can support your portfolio, please get in touch with us today.

Premium Office Space in Midtown

If you are searching for high-quality offices High Holborn, Caroline House at 55-57 High Holborn provides an exceptional solution. Since the building occupies a prime Midtown location between Chancery Lane and Holborn stations, it offers the perfect base for your business. We have comprehensively refurbished these open-plan units to provide a contemporary working environment. Consequently, these spaces now meet the highest demands of modern businesses seeking a professional presence in London.

Current Availability at Caroline House

Furthermore, we currently offer three distinct floors, each finished to a high specification. Whether you require a smaller suite or a mid-sized floor plate, these offices High Holborn cater to various team sizes:

• 5th Floor: 1,701 sq ft

• 2nd Floor: 2,618 sq ft

• 1st Floor: 2,579 sq ft

Because we provide each floor fully fitted and furnished, you can expect a seamless transition into your new workspace.

The Workspace Configuration

Our team meticulously planned the interior layout of these offices High Holborn to balance focused work with collaborative sessions. Specifically, the current fit-out across the floors includes:

• 32 Fixed Desks complemented by 8 agile workstations for flexible working.

• Two private meeting rooms per floor for confidential discussions.

• Informal breakout areas and dedicated zones for team collaboration.

• Modern LED lighting and full air conditioning throughout.

Building Amenities and Lifestyle

In addition to the internal space, a standout feature of these offices High Holborn is the private roof terrace. This area provides rare outdoor space in the heart of the city. Moreover, the building offers:

• Professional Commissionaire: A welcoming presence in the main reception.

• End-of-Trip Facilities: We provide secure cycle storage, modern shower facilities, and locker rooms for those commuting by bike.

• Refurbished Common Parts: You will find high-quality finishes in all WCs and circulation areas.

Unrivalled Connectivity

Finally, choosing offices High Holborn means you benefit from world-class transport links. Caroline House perfectly accesses the Central and Piccadilly lines via Holborn and Chancery Lane stations. The surrounding area is also rich with amenities. For instance, you can explore historic pubs, high-end restaurants, or the quiet green spaces of Lincoln’s Inn Fields. Therefore, this location remains an ideal destination for both employees and clients.

A Rare Opportunity in a South London Location

We are pleased to present a rare opportunity to secure a self-contained, standalone office building in the heart of Southwark. La Gare offers a unique professional environment arranged over three spacious floors, totaling 3,154 sq ft of high-quality workspace. Unlike traditional shared office blocks, this building features a private entrance, providing your business with a dedicated street presence and enhanced security.

The Deal: Unbeatable Savings for New Tenants

In the current London market, finding a competitive leasing opportunity is key. We are offering a standout incentive designed to support business growth:

• The Entire Mezzanine Floor (894 sq ft) is FREE OF RENT.

• This represents a massive 28% saving on the overall occupancy cost.

• Annual savings total £15,645, bringing your overhead down from an original £55,195 to a highly competitive rate.

Space Breakdown & Configuration

The building is thoughtfully laid out to accommodate various team structures, from creative agencies to professional services:

• Lower Ground (1,365 sq ft): Ideal for quiet zones, meeting rooms, or storage.

• Ground Floor (895 sq ft): A perfect main reception and open-plan desk area.

• Mezzanine (894 sq ft): Rent-free space perfect for breakout areas or executive suites.

Exceptional On-Site Amenities

Beyond the private entrance and strong security, La Gare provides features that help with employee retention and wellness. Tenants benefit from on-site parking (a rarity in Southwark), a fully furnished interior for immediate move-in, and exclusive access to an on-site gym.

Location: Connected to Southwark

This is genuinely one of the most competitive deals on the market right now.

If this could suit you or a client, get in touch with Charles Fogg or Neil Warwick directly.

#CommercialProperty #LondonOffices #OfficeSpace #PropertyDeal #LeasingOpportunity

Kinney green, acting on behalf of CIEE have acquired 46/47 Russell Square, London WC1, comprising 11,500 sq ft from The Bedford Estate. CIEE are a not for profit world leader improvising education and cultural exchange.

Despite being in competition from a number of parties, the rent payable will be just under £55 per sq ft after a market rent free period.

In October 2012, the Government postponed the next business rates revaluation from 2015 to 2017. This decision was based on the desire to keep rates bills increasing by the rate of inflation year on year and to avoid unexpected hikes in rate liability.

However, in reality this will delay the much needed rebasing of rateable values which are currently fixed to ‘pre-recession’ rental levels in April 2008. In the vast majority of cases ratepayers would have paid significantly less in the ‘delayed’ 2015 revaluation as based on rental levels in April 2013 which in most cases will be lower than rental levels in April 2008 when the market was at its peak.

The 2017 Revaluation will be based on rental values at the Antecedent Valuation Date (AVD) which the government has set at 1st April 2015. The implication of this is that as rents have started to recover following the recession, rental value at the April 2015 AVD will be much higher than what would have been the April 2013 AVD, thereby significantly increasing the 2017 rateable values of most properties.

This delay in Revaluation heightens the importance for businesses to make sure their current rateable values are correct as with the likely reintroduction of transitional relief this could have a longer effect on your liability where calculated with reference to the rates paid in the previous year and subject to annual inflationary increases.

New values are likely to be published this time next year but we would welcome providing an appraisal now if you have not yet considered this potentially growing liability. With the valuation date being so recent, if you are in discussion on a rent review or lease renewal or have received a form of return we would advise taking advice as the implications could be significant for the next seven years!

Elsie Osunbor LLB

Business Rates Consultant & Research Analyst
Tel: 020 7643 1525
Email: e.osunbor@kinneygreen.com

The Kinney Green professional department has recently settled a compensation claim on behalf of a long established Brixton Nightclub which was to be Compulsory Purchased as part of the ‘Your New Town Hall” redevelopment by Lambeth Council. 

The ‘Your New Town Hall’ project is part of the Lambeth Council plans to regenerate a core 2.5 acre site around the Town Hall in Brixton between Acre Lane and Brixton Hill. 

The professional team engaged with the client early in the process to provide strategic advice which is essential in the build up to and when faced with compulsory purchase powers. 

Through this early dialogue the team were able to understand the clients business and aspirations and approach the assessment of compensation in a structured and justified way with the acquiring authority to enable early settlement before the Council made the Compulsory Purchase Order.

This project is just one of many Compulsory Purchase schemes Kinney Green is involved in. Should you wish to find out more about our CPO service then please do not hesitate to contact a member of the professional department. 

After several years of seeking a central City freehold with a ground floor banking  hall, Kinney Green identified 45/47 Cornhill in behalf of Ziraat Bank. We then negotiated the purchase of the building in an off-market transaction.

Kinney Green  have now also been instructed  to manage the building . The building which is arranged over ground and first –sixth floors will  need substantial modernisation.

Hot on the heels of their purchase of 10 Dean Farrar Street SW1 in December the CERN Pension Fund completed their purchase of Monument Place, 24 Monument Street EC3 on 16th March.

This 80,000 sq ft landmark building, situated next to Christopher Wrens’ monument to the great fire of London, is the jewel in the crown of CERN’s European property portfolio and confirms their continued commitment to the London commercial property market. The building was completed in December 2013 and following fierce competition from prospective tenants is now almost fully let.

As with all of CERN’s acquisitions to date, Kinney Green assisted throughout the due diligence phase pre-purchase and have been instructed to undertake the ongoing management of this prime asset.

For similar focused acquisition advice at partner level contact Stephen Griffiths or Jonathan Burt.