Caithness Petroleum expands at Mayfair offices

Oil & gas exploration firm signs for additional office space at Clarebell House

Article posted: 07 Apr 2011

Independent oil & gas exploration company, Caithness Petroleum, has recently expanded its office space in Mayfair with the take up of an additional suite on the same floor as its existing offices at Clarebell House, 5-6 Cork Street, W1.

Property advisers The Lorenz Consultancy negotiated the deal on behalf of existing client Caithness.

The additional accommodation is in a rear suite on the second floor of the property and comprises 1,807 sq ft.  Lorenz successfully negotiated a new lease to expire in January 2015 at a rent of £54,210 per annum (£30.00 per sq ft) exclusive with an 8 month rent free period subject to removing the Tenant only break option from the existing lease on the front space and extending the lease to run co-terminus with the new lease until January 2015.

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Posted by Jo