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New Docklands office launches with 0% commission offer

By Foxtons

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Foxtons latest café-style office has just opened in Canada Square in the heart of Canary Wharf. The café design is a truly innovative concept in estate agency and has become an instantly recognisable feature on the streets of London.

Venturing through the door of a traditional estate agent can be a rather daunting experience; it often seems as though you've stepped uninvited into someone's private office. Standing in front of a formal arrangement of desks with everyone staring at you, you can be left wondering if someone will eventually attend to you or if you've called at an inconvenient time. In the 21st century, this stuffy formality is totally out of place in an industry focussed on customer service.

Back in 2002, Foxtons turned traditional thinking on its head with the opening of a new office designed in the ground-breaking café style . As well as constructing every new Foxtons office in this way, the company also launched an extensive programme of refurbishment for all of its existing offices, remodelling them to follow the café theme.

The latest Foxtons office opened on 3rd July at 20 Canada Square in Canary Wharf. It too has been designed in the café style and offers a contemporary, calm and informal environment where you will be attended to swiftly and in which you can discuss your requirements in privacy and at your leisure over a complementary coffee or soft drink. The aim is to make the whole process as easy and enjoyable as possible.

Foxtons continually strives to modernise and enhance the service it offers its customers, and strongly believes that the office environment is an important part of that service. The new Canary Wharf café-style office will allow the company to conduct business professionally, but on a more friendly and informal basis than other estate agents.

It's no surprise that Foxtons has chosen Canary Wharf as the location for its latest office. It has become the new business heart of London. The success of this powerhouse complex seems even more remarkable when one considers its chequered past, which makes it one of the most unlikely success stories of recent times.

In the early 1980s, Canary Wharf was part of one of the most neglected and isolated areas of London. In 1981, the London Docklands Development Corporation was formed in an attempt to revitalise the area. A large scale redevelopment scheme was announced in 1984 but ran into trouble when the banks withdrew their support, effectively killing the plans.

The project was taken over by Canadian developer Olympia and York, and construction of Canary Wharf began in 1988, with phase one completed in 1992. The world property market collapsed at exactly the same time. Tenant demand simply evaporated and in May 1992 Olympia and York Canary Wharf Ltd went into administration.

Canary Wharf was then taken over by a consortium of banks, and in December 1993 a vital development took place when construction of the Jubilee Line station finally began. Tenants and workers finally began to see Canary Wharf as a truly viable alternative to traditional London office locations. In 1993, the working population of Canary Wharf was just 7,000; by the time Canary Wharf Underground Station opened in September 1999 that population was 25,000, today it stands at 80,000. Under plans to double the size of the estate, the number of people working in the area is predicted to rise to 200,000 by 2014.

Today, the Canary Wharf estate covers some 97 acres, contains approximately 14.1 million square feet of office and retail space, and is home to more than 60 major national and international companies. It houses a huge variety of shops in five retail malls that attract approximately 500,000 people every week.

Foxtons are marking the launch of the new Canary Wharf office with their highly successful 0% commission offer. This offer is exclusive to Foxtons and quite simply it means that if you are among the first 200 sellers to instruct the Canary Wharf office to sell your property, and it is sold within three months, Foxtons will take no commission whatsoever. You will have sold your house free of charge. There is no time limit on when the subsequent exchange or completion of the sale takes place, as long as the offer is agreed and solicitors are instructed by 6pm on Friday 29th September.

Of course, the Canary Wharf office will also be dealing with lettings - both long and short term - and offering comprehensive property management services to landlords. An equally comprehensive service will also be available to any companies seeking assistance with staff accommodation, through Foxtons Corporate Services.

For more information on the 0% commission offer call Foxtons Canary Wharf on 020 7133 7777. Foxtons Corporate Services can be reached on 020 7893 6310. Lines are open 8am to 8pm every day.

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