Savills has let the remaining office space at 36 Dover Street to Integration Management Consultancy Ltd, taking the prime Mayfair office building to full occupancy.
The business management consultancy has agreed to a new 10-year lease on 2,567 sq ft (238 sq m) of newly refurbished office space across the second floor.
Existing occupiers in the five storey building include Mercer Real Estate Advisors and Hampden & Co. Victoria Beckham’s boutique is located in the ground floor retail unit.
Mark Gilbart-Smith, director in the West End agency team at Savills, comments: “We are delighted with the letting to Integration. Our client has carried out significant refurbishment on 36 Dover Street since it was purchased; the success of which is reflected in the speed the office accommodation has become fully let.”
Dover Street is a prestigious address in the heart of Mayfair, where there is a vacancy rate of 3.8%, the lowest recorded since Q3 2007 according to Savills research. The firm says take-up in Mayfair in 2015 totalled 586,022 sq ft (54,443 sq m) 14% above the long-term annual average of (505,000 sq ft (46,914 sq m).
36 Dover Street is owned by Triangle Investments and Development Ltd.
Savills previously advised on the purchase of 36 Dover Street. The firm is also responsible for the property management of the building. Integration was represented by Search Office Space.