Private hire company, Addison Lee, looking for new headquarters in either Paddington or Clerkenwell.
Minicab company Addison Lee, is rumoured to be hunting for a major new headquarter site in the capital.
The London minicab firm, which has stopped trading from its Granby Terrace property has instructed James Andrew International to sniff out opportunities for a 20,000 sq ft HQ according to Property Week.
With their current lease due to expire on its Euston head office at 35-37 William Road, the minicab business is believed to be hunting for a new base in Paddington or Clerkenwell.
Founded 1975 in a London back street, the company grew to become the capital’s largest private hire company, but has now been overshadowed by smartphone app Uber.
The business still operates a fleet of over 4,000 vehicles in central London but is allegedly struggling to keep up with competition from the Uber onslaught.
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