Focus on Watford – GNR8 Clarendon Road
Some good news to share regarding the Watford Office market. GNR8 Watford– 49 Clarendon road is the perfect example of the impact a comprehensive refurbishment has attracting new tenants. Since Aug 2020, 6 deals have completed, 90% of which were let by our team with rents having risen about 9% over the period, which reflects the impact of the refurbishment and new amenities including, lounge style reception, bike racks and showers particularly key in the current selective market.
The total space let is 11,948 sq ft. New tenants include LILY & ROO LTD, Anker UK Ltd, FIEVEL HEALTHCARE LIMITED (moved in and then expanded in the building, comprising 2 deals), Parasol Homes, and AS24.
Only 1 suite remains on the second floor, floor plan details can be found here.