Sir Richard Sutton Limited (SRSL) has signed a management agreement with flexible workspace provider Beaumont Services Ltd (Beaumont) at Red Wolf House, 5 Bolton Street, Mayfair, London. Colliers advised SRSL on the transaction.
The deal is the second Mayfair location by Beaumont, who operate 10 locations across London.
The company will offer a full range of high-end, flexible workspace products including private office suites, meeting rooms, communal work areas, lounges and support services.
SRSL has been keen to have direct exposure to the growing flexible workspace sector, which has experienced increased attention as a result of changing workspace requirements in the wake of the Covid-19 pandemic.
Robert White, director at SRSL, said: “We are delighted to have partnered with Beaumont, who are market leaders delivering premium flexible workspace, and we look forward to working closely with them in developing Mayfair’s offering.”
James Adam, CEO and co-founder of Beaumont, said: “All our Beaumont team are excited to be contributing to delivering this superb re-development with SRSL. The opportunity at Red Wolf House builds on our success at nearby 16 Berkeley Street and we look forward to welcoming new companies seeking a five-star workplace in the heart of all Mayfair has to offer.”
Red Wolf House, 5 Bolton St comprises 19,531 sq ft of BREEAM Excellent Grade A office space. The 5-storey building, close to Green Park, boasts roof terraces, a stunning feature staircase and fittings & furniture of the highest quality.