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Clearbell fully lets Brownlow Yard.

Private equity real estate fund management and advisory business Clearbell Capital LLP (Clearbell), on behalf of one of its clients, has fully let Brownlow Yard, an 18,876 sq ft office building in Bloomsbury, London.

Clearbell secured a new letting for the final available space with Gulf Keystone Petroleum (UK) Limited (GKP). GKP join a diverse range of tenants at Brownlow Yard including, planning consultants, music publishers, sports managers and a communications agency.

Since acquiring the building in 2019, Clearbell has overseen a comprehensive refurbishment and extension of the building turning it into a high-spec office space. As well as a CAT A+ fit-outs of the first, second and third floors – the first of which was delivered in collaboration with fit-out specialists Studio 11 – Clearbell has worked to reposition the courtyard, improve shower and changing room facilities and upgrade the building’s bike storage. The improvements have enabled Clearbell to significantly increase rental income at Brownlow Yard over the past five years.

As well as substantial amenity upgrades, which included much improved meetings rooms, workstations, breakout rooms, a lounge area and kitchen, Clearbell’s proactive approach to asset management has delivered an improved energy efficiency certificate of EPC B. Central to the improvements has been the installation of a new dedicated heat recovery heating/cooling VRF systems to serve each floor, as well as LED lighting.

Situated in Bloomsbury, London’s thriving fashion, culture and intellectual heart, Brownlow Yard is well-served by a range of restaurants, bars, cafes and retailers. The building is also well-connected, being only a short walk from key transport hubs of Kings Cross and St Pancras Stations, as well as being only a 10-minute walk from access to the Elizabeth Line at Farringdon Underground Station.

Fully letting Brownlow Yard is a reflection of the exceptional spaces we’ve been able to deliver as part of our upgrades to this scheme. The high-quality of finish has really made it stand out against other offices that have recently undergone similar CAT A+ fit-outs. Coupled with Bloomsbury’s unique proposition as a thriving neighbourhood with enviable amenities and it’s clear why the space has proved to be a real draw for tenants. We’re excited to be working with our new tenants, GKP, providing them with a great space.” 

Camilla Powell-Tuck, Associate Director at Clearbell Capital

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