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Ventia, the office space provider company that runs serviced offices in London as well as Bristol and the Thames Valley region, has purchased another commercial property in London. The new office, which is situated between Embankment and Savoy Street in Westminster, will give businesses an immediate view of the East Thames and is a joint investment between Ventia and the Duchy of Leicester.
“As overheads for London based companies continue to rise, businesses are naturally looking for solutions to avoid the steep costs associated with office space in the capital,” says the director of Ventia, Leo Patching. “Savoy Street provides this solution for companies, with competitively priced space at a fantastic Central London location.
The location has just been fully refurbished, and comes complete with brand new unbranded offices and full furnishings are also available for interested tenants. The centre will also come complete with an on-site Ventia support team, who will act as receptionists and are able to help in the day-to-day running of an office. The new purchase comes less than two months after Ventia added their first Midtown location to their portfolio in March, and it is already operating with over 50 per cent occupancy.
“This is an interesting diversification of Central London office portfolio,” believes Michael Frydman from the Duchy of Lancaster. “We are confident that the quality of location and space will appeal to this market.”
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