Ian Scott International

NEWS

12 – 14 Shepherd Street London W1

Acting on behalf of our client Hignell Gallery, ISI successfully went to Arbitration on a rent review effective September 2017 of GF & Basement shop premises at 12-14 Shepherd Street Mayfair W1. The previous rent was £87,500 pax and the landlord ( Shepherd Market Holdings ) was seeking a minimum increase to £130,000 pax. Unable to amicably negotiate a settlement the review was referred to arbitration where the Independent Expert awarded a rent of £108,400 pax justifying our case for a much lower increase. The client was ‘ most pleased ‘ with the outcome.

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