As part of the same deal, the NHF is selling its current 9,600 sf headquarters at nearby 175 Gray's Inn Road, London, WC1, to Finstart for £2 million ($4 million).
Lion Court consists of six floors of office space and the NHF plans to sublet the first floor. The building also includes 5,176 sf of ground floor retail space, which the NHF has leased back to Finstart on a 125 year long lease.
Strutt & Parker advised the NHF and Partner Stephen Wolfe said : "HQ relocation can be a difficult task for non-profit organisations, especially in Central London, but this deal shows that you don't need to limit searches to second hand space to get value for money."
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