125 COLMORE ROW
Positioned in the heart of Birmingham’s office district, this prestigious 148,000 sqft building is currently the headquarters for Lloyds Bank PLC. Built in 2001, 125 Colmore Row was let in its entirety to Lloyds Bank PLC for a term of 25 years but with tenant break options in 2015 and 2020. Recognising that the bank was consolidating within the building, in conjunction with the Landlord's team an agreement was reached to restructure the lease which ended up in a fixed term of 15 years as well as agreeing other variations in exchange for a capital sum.
Address: 125 Colmore Row, Birmingham B3 3SD
Client: Overseas Private Investor
Size: 148,000sq ft
Type: Single-let office building
- Lease re-structure to provide 12 years term certain