Global banking and financial services provider, HSBC has taken 5,348 sq ft of accommodation at IM Properties’ refurbished One London Square in Guildford, leaving just 7,054 sq ft available.
The space, which will be used by HSBC to relocate its current office from elsewhere in Guildford, has been taken on a 10 year lease. Rents for One London Square are quoted at £25.50 per sq ft.
One London Square is within close proximity to the town’s amenities and London Road railway station, which provides regular services to London Waterloo, with the M25 motorway easily accessed via the nearby A3.
IM Properties undertook a comprehensive refurbishment of One London Square in 2012, transforming the four storey property into one of Guildford’s most desirable office locations, with over 52,720 sq ft of Grade A office space.
Rob Hemus, Asset Manager at IM Properties, said: “We have been exceedingly pleased with the level of interest that we have seen in One London Square. The site’s accessibility and high quality refurbishment have created a perfect combination that appeals to a broad range of commercial occupiers.
“The completion of this excellent letting leaves just one suite remaining and adds to an already impressive tenant line up. We have already seen some interest from potential occupiers, underpinning One London Square in particular and Guildford in general as a desirable and attractive commercial office location.”
The letting to HSBC leaves just one suite of approximately 7,054 sq ft remaining available in the building following a momentous 12 months that has seen companies including top 50 City legal practice Charles Russell LLP and Merligen Investments Ltd take space, joining accountancy and business advisory firm Baker Tilly.
