Leasing Archives - Tellon Capital

Formula 1 secures London headquarters at 40 Broadway, London, SW1

admin — Thu, 05 Feb 2026 12:08:00 +0000

The global phenomenon of sport, entertainment and culture, has leased the entirety of 40 Broadway, London, SW1 from Tellon Capital.

London, February 2026 – Tellon Capital has successfully completed the redevelopment and let the entirety of 40 Broadway, its best‑in‑class office development in St James’s Park, London, to Formula 1 on a long-term lease. Thus signalling the exceptional demand for high‑quality, sustainable workspace in central London.

Located adjacent to St James’s Park, 40 Broadway provides Formula 1 with exceptional premium workspace.

The building has market‑leading sustainability and wellness credentials including EPC A and WiredScore Platinum and is targeting BREEAM Excellent and WELL Platinum affirming Tellon Capital’s commitment to long‑term operational sustainability and responsible development.

James Burchell, co-founder of Tellon Capital:

“We are proud and delighted to secure Formula 1 as the occupier on this exceptional brand-new Grade A office development. It has vindicated our decision to build speculatively and reinforces that offices continue to play a key role for businesses today, providing they offer Grade A, environmentally friendly buildings with fantastic amenities. We are excited to see what plans Formula 1 have to make it a truly iconic building in an exceptional location.”

Stefano Domenicali, President and CEO of Formula 1:

“We are delighted to bring the headquarters and our brilliant team that are the driving force behind the incredible global sport of Formula 1 to these state-of-the-art offices at 40 Broadway. This is a major statement of our commitment to London and the U.K where 9 of the 11 Formula 1 teams are based and we are excited for the future and our plans for the offices in the years ahead.”

Cushman & Wakefield and Tuckerman Commercial acted as joint leasing agents on behalf of Tellon Capital. Savills acted on behalf of Formula One.

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Eleven Station Road, Watford – First Letting Completed

admin — Thu, 17 Apr 2025 14:18:00 +0000

We’re thrilled to announce that we have completed our first letting at Eleven Station Road, Watford – RS Asset Investments Limited have taken a 1,547sqft suite on the 4th floor of the building.

Thanks to our joint agents at CBRE and Brasier Freeth for assisting to get this over the line. We now have just 1,896sqft of office space available on the 4th floor, with a total of 37,695sqft still available across the building’s five floors.

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40 Broadway, London – Pre-Marketing Launched

admin — Thu, 28 Nov 2024 11:40:45 +0000

We’re thrilled to formally launch the marketing of 40 Broadway, St James’s Park, London, SW1.

This new landmark office building will provide 100,000sqft of best-in-class Grade A office space in the heart of Westminster, immediately adjacent to St James’s Park. It has been designed to the highest specifications with wellness and sustainability at its core, it’s set to achieve WELL Platinum, WiredScore Platinum, BREEAM Excellent and EPC A. There will also be a communal roof terrace as well as private terraces on the majority of the floors providing exceptional views across London.

Completion is due Q4 2025.

For further information, please reach out to the team – Andy Tyler or Matt Waugh at Cushman & Wakefield and Mark Fisher or Guy Bowering at Tuckerman Commercial.

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WP Limited – Retail Leasing Success

admin — Mon, 04 Nov 2024 11:35:18 +0000

We’re pleased to announce that our High Street retail portfolio is now fully let following the successful lettings of our retail units in Chichester and Tunbridge Wells.

At Tunbridge Wells, we exchanged an agreement for lease with a Burger King franchisee for the ground and basement floors before serving the break notice on the existing tenant who occupied the whole of the building. After securing vacant possession, we undertook works to separate the ground and basement from the upper floors before the lease completed. We have retained the upper floors which now have the potential for a change of use or development scheme.

In Chichester, we successfully navigated a challenging situation with a tenant facing financial difficulties. We managed to agree a mutually beneficial surrender which included them paying a premium which allowed us to let the unit to 17 Grams Coffee Roasters.

Both of these units are in prime locations in great towns, which further demonstrates the importance of having the right units in the right locations.

We are actively looking for vacant or short income retail investment acquisition opportunities in prime retail towns within a 125 mile radius of London with good quality connections, please get in touch if you have anything suitable.

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16 Eastcheap, London, EC3 – Fully Let

admin — Wed, 10 Jul 2024 09:14:59 +0000

We are pleased to announce that 16 Eastcheap is now fully let. The offices were let within just 12 months from completion of the refurbishment works. Tellon Capital comprehensively refurbished and extended the building to create over 36,000sqft of high quality, modern self contained offices over 7 floors including a ground floor and basement leisure unit. As part of the refurbishment the reception area was reimagined to create a hospitality style light and welcoming entrance to the building and an extended roof terrace was added with panoramic views over London. We worked jointly with the tenants to transform the CAT A floors into bespoke fit outs which is a great example of working collaboratively to create dynamic and functional work spaces.

The ground floor has also now been leased to an exciting restaurant and bar concept, which will create an exciting environment. More details on this to follow.

16 Eastcheap is a great example of old world meeting new world, office spaces may be used differently post Covid but tenants still want high quality office space in the right locations, which is demonstrated perfectly by the diverse range of tenants we have attracted from a historic Livery company to an international payments & foreign exchange company.

Here at Tellon Capital we strongly believe in creating exciting new offices that provide a sustainable and productive environment for occupiers and employees. For more information on what we’re up to, please reach out to a member of the team.

Thanks to our leasing agents at Newton Perkins and Savills, and our project team at Constructive and Oktra.

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Further Retail Success – Harpur Centre, Bedford

admin — Mon, 30 Oct 2023 10:21:00 +0000

Following on from our latest post, we have had more retail success this time at the Harpur Centre, Bedford having recently completed new lettings to Tesco, Kokoro, Putt Putt Noodle and Korma, as well as completing renewals to existing tenants in Boots, Specsavers and Superdrug.

The retail sector continues to improve, as well as footfall and these transactions further emphasis this. We are seeing increased demand for schemes offering a mix of convenience and experience led retail, as well as leisure, which the Harpur Centre provides. If you are looking for space for retail, restaurant, leisure, office or other uses within use class E in the heart of Bedford then please get in contact with our leasing agents Damian Sumner at Brasier Freeth or Neil Hockin at Lunson Mitchenall and we will work with you to try to accommodate you.

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Rose Portfolio – Retail Leasing Success

admin — Fri, 06 Oct 2023 10:10:00 +0000

We are delighted to announce that we have let all our retail units within the Rose Portfolio, with recent new lettings to Søstrene Grene, Cool Britannia, Santa Nata and Acuitis, in the prime retail locations of Kingston, Oxford and York.

Despite the challenges and criticism retail has faced in recent times, we are seeing a continued improvement in the sector, particularly for retail in prime locations and from what we are seeing currently we believe the future is bright. We are actively looking for retail investment acquisition opportunities in locations like the Rose Portfolio and would welcome introductions.

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