Gerald Eve secures Endel Street lease with Fender
Gerald Eve, acting on behalf of private landlord clients, has let the entirety of 22 Endell Street, WC2 to Fender Musical Instruments Corporation (FMIC), one of the world’s leading musical instrument manufacturers, marketers and distributors.
The global, US-based brand has taken the self-contained building – which provides 5,077 sq ft of newly-refurbished space across lower ground, ground and three upper floors – for its local London offices and Artist Relations showroom on a new ten-year lease. The building was marketed at a guide rent of early GBP80 per sq ft.
22 Endell Street is one of Covent Garden’s most striking buildings. The historic, Grade II listed building was originally built as a stained-glass studio in 1859 for Lavers and Barraud. The letting to Fender follows the completion of a full renovation, designed by architects Hale Brown, that celebrates the original features and integrity of the building.
Rhodri Phillips, partner at Gerald Eve, says: “This letting underlines the continued demand for central London offices where landlords can deliver quality, interesting product in the right location. 22 Endell Street has a fantastic history that has been sympathetically retained as part of the recent renovation, and as such will be an excellent UK headquarters for a brand such as Fender.”
Gerald Eve advised the landlord, while DeVono Cresa acted on behalf of Fender.