Background

In 2012 leading law firm Boyes Turner embarked on a significant building refurbishment program in conjunction with their Landlord, Scottish Widows, and co-tenant, Deloitte. The phased refurbishment of Abbots House saw all of the tenanted space stripped out and completely refurbished together with an increase of total useable floor space within the building and significant reconfiguration of the common parts as well as replacement of most of the M & E equipment. As part of this program Boyes Turner relocated from the first floor to the third and fourth floors, increasing their occupied space from 22,000 sq. ft. to 30,500 sq. ft. The opportunity allowed the client to completely redesign and modernise not only the space they occupied but also their working practices. The decision was therefore taken to replace all of their old furniture with modern, more efficient and effective modular furniture to enhance the working space experience and facilitate the new working practices and efficiencies they were seeking to achieve.

Our Solution

We presented a structured finance facility and evidenced the fact that leasing offered the most cost effective and efficient solution, especially considering the enhanced tax benefits for partnerships and LLPs.

"We particularly valued their (Bluestone) highly professional yet friendly and proactive approach. They made the whole process very easy and straight forward for us. They were also very responsive and progressed the transaction very quickly and efficiently."

"The most pleasing aspect of all is without exception all of the Bluestone team are very pleasant and easy people to deal with who all went out of their way to make the whole experience of dealing with them a pleasure."

"I would not hesitate to work with them again or to recommend them to others."