22/06/2011 by Buildington
Sage (UK) Limited, an operating company of The Sage Group plc, has taken 12,500 sq ft (1,160m2) on part of the third floor at the Angel Building, to accommodate the London offices of Sage Pay, the payment service provider. The tenant has taken a 10-year lease with a break at 5.5 years and will pay a rent of £42 per sq ft (£450 per m2). Sage Pay joins Cancer Research UK, NG Bailey and Jamie’s Italian. With additional space also under offer, the Angel Building is now approaching full occupancy. DTZ, CB Richard Ellis, Pilcher Hershman and H2SO acted for Derwent London and Vail Williams represented Sage. The architects were Allford Hall Monaghan Morris.
Source: Derwent London