news

Kings Cross office move shelved by Sainsbury’s

Sainsbury’s has shelved plans to relocate to King’s Cross after it could not find a taker for its current Holborn location.

The move would have almost halved Sainsbury’s annual rent costs (currently about £16 million) but it could not find a sub-tenant to take on it’s existing 33 Holborn office.

As a result Argent, the developers of the £2bn King’s Cross scheme will re-market the site where Sainbury’s new 250,000 sq ft office was supposed to be located.

A spokesperson for the supermarket chain said ‘’Sainsbury’s has not abandoned its plans to move to King’s Cross and we are continuing our discussions with Argent. It is still Sainsbury’s intention to move from Holborn but this depends on finding suitable tenants for our offices. In the meantime we have agreed with Argent that they can market the unit to other potential occupiers.”

Contact us

London Office
Bray Fox Smith
2nd Floor
Prince Frederick House
35-39 Maddox Street
London W1S 2PP

Milton Keynes Office
Bray Fox Smith
Studio B/G – Witan Studios
Witan Gate
Milton Keynes
MK9 1EF

T: +44 (0) 20 7629 5456
E: charlottehall@brayfoxsmith.com

Follow us

This website uses cookies to give you the best experience, agree by clicking the 'Accept' button. View our cookie policy.