Bespoke financial adviser Welbeck Wealth Management has acquired the 20,000 sq ft fourth floor at City Place House, 55 Basinghall Street, EC2. The firm’s impressive growth sees Welbeck, advised by McCalmont-Woods, taking a 7-year lease at £33.00 per sq ft.

Welbeck provides wealth management advice to over 5,000 City clients and is now part of the Openwork Network, one of the largest franchise networks of financial advisers in the country. It was previously located at 130 Wood Street, EC2.