L&G lands Aldersgate tenant

Legal & General has let the third floor comprising 6,520 sq ft of the newly refurbished 120 Aldersgate Street, London EC1 to wealth manager Saunderson House.

A new 10 year term was agreed subject to a tenant’s break at a rent equating to £65 per sq ft.
An initial six months’ rent free period was granted with a further four months’ rent free if the break is not operated.
The letting follows the building’s repositioning with an enlarged reception, new lifts and refurbished common parts. The 5th floor totalling 4,000 sq ft remains available.

Hanover Green represented L&G.