Charity relocates after 20 years
Kinney Green’s West End Office Agency Team were recently instructed by the charity, Booktrust, to advise them on a suitable strategy to relocate them from their existing headquarters in Wandsworth, where they have resided for more than 20 years, to a larger and more suitable premises.
Booktrust have been promoting books, reading and writing since they were established in 1921, when they were then known as ‘The Society of Bookmen’. During this time they have built up a strong reputation as the country’s leading charity in promoting a society where nobody misses out on the life-changing benefits that reading can bring. These benefits are not only experienced in the UK, but more recently through affiliated schemes abroad.
Having established the Trust’s specific requirements, Kinney Green undertook an extensive search to identify potentially suitable properties taking into account the client’s specific requirements, ever mindful of the fact that the client was a charity and, consequently, budget was of paramount importance. Simultaneously, we advised on surrender negotiations with their existing landlord, also a charity, to ensure as far as possible a seamless relocation.
We are pleased to report that as a result they have now successfully surrendered their lease at Book House and are in the process of fitting out approximately 5,500 sq ft at Battersea Studios, W8, a scheme owned by Schroders Property Investment Management, where they have taken a modern, air conditioned floor at a rent under £25.00 per sq ft.