High Holborn provides a new home for Lovells

Lovell White Durrant's long search for new premises appears to be finally at an end and the firm is not going to be moving very far.

The Lawyer understands that Lovells is close to an agreement with the Prudential to take a lease at the Atlantic House building on High Holborn in London.

However, no agreement has yet been reached.

Lovells is planning to take 200,000 sq ft of Atlantic House at a price thought likely to be somewhere between £30 and £35 per sq ft.

This development follows a year-long search for new premises, brought about by the impending expiry of the firm's lease on its headquarters in Holborn Viaduct and also by the firm's continued expansion.

Lovells was reported to be interested in a number of sites, including the 330,000 sq ft Mirror Building at Holborn Circus, EC1, which is being redeveloped and has been pre-let to Andersen Consulting.

Lovells was also considering taking space in the 400,000 sq ft former Daily Express site in Fleet Street Square.