Colliers has sourced 4 Stratford Place in W1, on behalf of Al Rayan Bank – the UK’s largest Islamic bank.
The Grade II listed property will become Al Rayan Bank’s UK Corporate Headquarters and will house the Bank’s Board, Executive, Commercial and Premier Banking divisions.
Located on the boundary between Mayfair and Marylebone, the 9,818 sq ft office property is arranged over five floors with a substantial terrace on the second floor. 4 Stratford Place underwent a complete refurbishment and remodelling in 2016 by architect Buckley Gray Yeoman. Key features were kept including the Georgian staircase and cornicing, complemented with modern touches such as LED lighting, shower and bike storage facilities.
James McAdden, director in the London Capital Markets team at Colliers, commented: “4 Stratford Place is a real hidden gem in the area, just seconds from Bond Street Station which benefits from the recent opening of the Elizabeth Line. The property provides both beautiful period features and flexible, high quality office space, which perfectly suits our client. I have no doubt the property will make a fantastic new home for Al Rayan Bank and we are very pleased to have acted on their behalf.”
Maisam Fazal, Chief Commercial Officer of Al Rayan Bank said, “Colliers helped us to locate a fitting property to become the Bank’s UK Corporate Headquarters. The Bank’s primary target markets are the commercial property and premier banking sectors, and so being located in London’s West End, with excellent transport links is very important. 4 Stratford Place meets all the Bank’s requirements and will help us to provide the very highest quality Premier and Commercial Banking solutions to our clients.”