Trinity Court, Rickmansworth
Client Name: Private Fund
Services: Advisor to fund, Rent Reviews, Marketing of office space
Brasier Freeth has advised the major fund that owns Trinity Court for many years, dealing with the marketing of office suites and floors, as voids have occurred, and conducted rent reviews as they have become due. Trinity Court is a purpose built office building of some 26,600 sqft arranged over ground and three upper floors that was constructed in the late 1980’s. It lies on the southern fringe of Rickmansworth town centre and sits in a particularly attractive position adjacent to the River Colne.
The building was beginning to show it’s age in certain areas and in discussion with us and our joint agents, the decision was taken by our clients to carry out a carefully considered refurbishment programme to meet the needs of an increasingly demanding market place, and to maintain the buildings position in the local and wider regional market.
What we did
In consultation with our clients, their building surveyors and our joint agents, agreement was reached to refurbish and reconfigure the common areas, with reception being comprehensively re-configured with new, contemporary floor, wall and ceiling finishes. This served to improve the space significantly from what was previously a rather outdated and functional feature. New furniture and improved signage was installed to create a more welcoming space, along with selected pieces of artwork. Within the common areas, the WC’s to each floor were also completely refurbished, with these being re-configured to provide individual cubicles, each with its own washing facilities. Furthermore, shower facilities were provided to each floor, along with an improved disabled facility.
These works “lifted” the common areas hugely and as a result 2020/2021 saw a series of successful lettings being concluded, despite the enormous challenges posed to the office market by the COVID pandemic.
- Melissa & Doug, a US owner retailer of traditional toys leased 5,220 Sq.ft on the second floor to serve as their UK headquarters.
- Spex Cert-Prep, a manufacturer of specialist laboratory equipment leased 2,650 Sq.ft on the ground floor.
- The Hodkinson Consultancy, a specialist energy and environment consultancy, leased the balance of the second floor, some 3,300 Sq.ft
- ETL Systems, a technology company involved in radio frequency transmission systems leased the final vacant suite of 5,220 Sq.ft