The TMT Sector
Morgan Pryce have recently completed a lease renewal of 3,000 sq ft of office space in the heart of Clerkenwell and just a stone throw away from Farringdon station. Morgan Pryce were originally brought in to clarify exactly what the market rent was for that area, the main reason for this was because when this tenant signed their lease 3 years ago, they achieved a rent of £12 per square foot and couldn’t believe the landlord was now asking for a rent of £32.50 per square foot.