Live Nation UK is set to move its London headquarters, effectively doubling the size of its current offices in the capital.

The Evening Standard reports that the firm, which owns ticketing giant Ticketmaster, has agreed to take all of the 63,000 square feet of offices at the Farmiloe building near Farringdon station.

The lease on the building is said to be nearly 20 years, according to property sources of the Evening Standard. The long agreement will reportedly help to calm fears that Brexit is stopping big firms from setting up shop in the UK.

Live Nation expects to make the move in 2020 as the building is currently undergoing a large refurbishment.

The large Victorian warehouse has been used as a film location for movies such as The Dark Knight.

Live Nation will be moving from its current 28,000 square feet headquarters at properties on Argyll Street and Bow Street.

Denis Desmond, chairman of Live Nation UK and Ireland, said: “The Farmiloe building is the perfect HQ and has the capacity to cater for our future expansion.”

Ticketmaster UK is not currently same offices as Live Nation, and will not be when they move either.