Record Breaking Rent – Haywards Place, EC1

4th April 2014

Richard Susskind & Company are delighted to announce that we have now let the 2nd Floor of 17-18 Haywards Place at a record breaking rent!

Following a full refurbishment we attracted strong interest from a number of parties. Such was the quality of the building works, we were able to achieve a rent of £51.15 psf, a record for the building. Kinosis, a tenant who we placed in the building last year, have been growing at a rapid rate. As such they took the 2nd floor in addition to their existing office.

Kinosis are the creators of Touch Surgery, a mobile surgical training platform with over 100,000 downloads and a worldwide audience.

We were brought in to advise on and oversee a dramatic refurbishment of the property in 2013 with the works on the 2nd floor having just completed. This stunning Clerkenwell building now benefits from new reception, new bicycle storage and a drastically improved garden. The offices have new hanging lighting, new air conditioning, exposed brickwork and new WC’s.

We wish Kinosis a huge amount of success in their extra office space!

Richard Susskind acted jointly with Egan Asset Management for a private client.

Leonard Street Letting

26th February 2014

Richard Susskind & Company are delighted to announce that we have let the part ground floor and the entire first floor of 18/30 Leonard Street, London EC2, comprising a total of 5,326 sq ft.

We originally sold the long leasehold interest of the entire building, a total of 19,700 sq ft, in July 2013 to Atrium Ltd.

The property had been newly developed to provide dramatic open plan offices, with superb ceiling heights and natural light throughout with the benefit of a fully glazed rear curtain wall and double height reception area arranged over ground, lower ground and first floors.

The office accommodation formed part of the residential led scheme developed by London Square comprising 43 apartments.

Ostmodern Ltd who took the part ground and first floors are digital product designers, video-on-demand specialists and content delivery experts who have worked with the likes of the BBC, ITV, Channel 4, Arsenal FC, Virgin Media, News Corp, Microsoft and EE.

Situated in the heart of the Tech City and just a moment from ‘Silicon Roundabout’, they are in a fantastic location and we hope that Ostmodern feel right at home in their new office. Richard Susskind & Company acted for Atrium, Brian Croker Property Consultants acted for Ostmodern.

A New Pad for New Bamboo

1st November 2013

Letting of the 3rd floor at Griffin Court, 15 Long Lane to software developers New Bamboo on behalf of our client, St Anselm.

New Bamboo are a London-based software development agency who build web applications for companies in varying industries from small startups to huge companies, and from charities to enterprise and national government. Some of their clients include Channel Five, Pusher and Holiday Extras.

Previously located in Gensurco House close to Exmouth Market, New Bamboo occupied a space of approximately 1,600 sq ft. After expanding rapidly, New Bamboo have almost doubled the size of their space by taking 3,700 sq ft at 15 Long Lane.

Formally a corporate style building, we oversaw the refurbishment which transformed the building into contemporary media style office space, and has subsequently drawn interest from fast paced media and tech companies such as New Bamboo.

The 4th and final floor of approximately 3,724 sq ft is the last available. Please don’t hesitate to contact us if you would like more information.
RS&Co. acted on behalf of the Landlord, St Anselm. GC2 acted on behalf on New Bamboo.

We wish New Bamboo the very best of luck in their new home.

We Found Feast a Home!

28th October 2013

Richard Susskind and Co. Retail & Leisure department are delighted to announce that we have found the next home for Street Feast.

Street Feast is London’s pioneering night market. Thousands of people gather each week to eat from London’s best street food traders, chefs and restaurants, and drink festival-style pint-sized cocktails, craft beer and great wine. With 15-20 different menus to choose from at each event, there is something for everyone, from the strictest vegan to the fiercest trencherman.

Street Feast’s adventure in night market culture continues to evolve with the launch of Hawker House, a warm indoor haven for lovers of good food, booze and music. Inspired by the hawker centres of Singapore, Hawker House takes the spirit of Merchant Yard and Dalston Yard inside.

Their new home at Hawker House is located in an old factory on Pritchard’s Road, sandwiched between Hackney Road and Broadway Market.

The Results Are In!

21st October 2013

Despite it being Monday, we at RS & Co. have a reason to be cheery. The results are in; the Estates Gazette league tables for Q3 have been published and we haven’t done half bad, even if we do say so ourselves!

Our office team comprising of only four agents, Ashley Goodman, Jonathan Franks, Daniel Cohen and Joshua Perlmutter have excelled this quarter, coming 2nd in the ‘City Fringe’ submarket – our speciality.

We let 54,069 sq ft of space in the City Fringe from a total of 14 deals, putting us ahead of usual top dogs CBRE and Jones Lang LaSalle who ranked 4th and 5th in the category, respectively.

And it doesn’t end there. We are also amongst the top 20 leasing agents in London for Q3, with 16 deals done and 66,261 sq ft let.

Check out the league tables for yourself here.

Bring on Q4!

The Place To Be

9th October 2013

Positioned directly opposite Derwent London’s Buckley Building is 17-18 Hayward’s Place. With office accommodation and common parts which had not been refurbished for years, our client purchased the building as part of a portfolio.

 We were brought in to advise on letting the building in its current condition, however it soon became apparent that the building needed a longer term view. We advised the client to undertake a refurbishment programme that included not just the vacant ground and lower ground floors, but also the reception and common parts.

Saving our client money on architect’s fees, we advised on the refurbishments. Given that the building was originally a warehouse conversion, we made an effort to expose all original features. The works included sandblasting brickwork, sanding the existing wood flooring and removing suspended ceilings. The building now benefits from a complete overhaul of reception, new bicycle storage and a drastically improved patio garden. The offices have new hanging lighting, exposed concrete and new WC’s.

We had the vacant space under offer within days of the works being finished and we have now completed the lettings of Ground and Lower Ground floors to two separate tenants.

We let the ground floor to XCO2 Energy (represented by Morgan Pryce), who now have a gleaming new 1,689 sq ft home. XCO2 is an energy and sustainability consultancy who specialise in low-carbon strategies.

The lower ground floor, let to Kinosis, has a floor plate of 1,800 sq ft. Kinosis are the creators of Touch Surgery, a mobile surgical training platform with over 100,000 downloads and a worldwide audience.

We hope that both XCO2 Energy and Kinosis are very happy in their new homes!

 

 

Prime Shoreditch Freehold – Sold

30th July 2013

Richard Susskind & Company are delighted to announce the recent sale of the freehold interest in 33/35 Hoxton Square, N1 for £5.85 million. The property has been sold with the benefit of planning for a new Zaha Hadid designed mixed use scheme providing 8 spectacular flats plus self contained office/showroom premises.

 The existing accommodation comprises two adjoining properties with a total approximate floor area of 13,046 sq ft occupying a prime central position within Hoxton Square, at the heart of the Shoreditch community. The property has in the interim been let to various pop-up and short-term tenants taking full advantage of the properties excellent location with views directly overlooking Hoxton Square.

 Richard Susskind & Co acted for the vendor.

56,000 Sq Ft E1 Letting

16th July 2013

Richard Susskind and Company are delighted to announce that Challenger House, 40 Adler Street E1 has been let in its entirety. The building, comprising 56,000 ft ² over Lower Ground, Ground and four upper floors has been let to Qbic Hotels.

Located close to Brick Lane and Commercial Street, the property is in the heart of one of London’s new hotspots for redevelopment. Within walking distance from the City, the area still has the East End charm which has proved so popular in recent years. In all likelihood the buzz around E1 will only increase. With changes to the area such as the upgrading of Whitechapel station to benefit from Crossrail, as well as the future redevelopment of the Royal London Hospital site, the area looks certain to increase in value.

Qbic have grown in popularity due to their Amsterdam hotel which offers simple hotel rooms at low prices, or in their words “cheap chic and no frills”. This will be their first London hotel, and we wish them the best of luck.

Richard Susskind and Company, Newton Perkins and Paul Belchak and Company acted for Schroders and Appley Properties. BNP Paribas acted for Qbic hotels.

Another Year, Another Win!

8th July 2013

The sweet smell of success filled the air last week in the office of Richard Susskind & Co. It has been a triumphant year, yet again, at the Property Chef Competition hosted by the Estate’s Gazette.

Our very own Lauren Leach who teamed up with Colman Dean’s Nishan Bhaker, claimed her second victory in a row after three rounds of tough competition including cooking, cocktail-making and a quiz.

Surely Lauren’s bubble and squeak with black pudding and spinach left a lasting impression on Head Chef Alan Southwell who judged the cooking round. Or perhaps it was it her remarkable ability to concoct a cosmopolitan in the cocktail-making round?

Either way, we’d like to congratulate Lauren and Nishan for a brilliant win! Same again next year?

 

A Dolls House in Hoxton Square

8th July 2013

Richard Susskind and Co. are delighted to announce that we have let 35 Hoxton Square to The Dead Dolls Club.

 The Dead Dolls Club will occupy the premises for a year before our client (a private landlord) starts redevelopment. They have transformed the building into a ‘Dolls House’ which hosts pop-ups, parties, fashion shoots and many other exciting events.

 35 Hoxton Square is made up of the ground, first and second floors, in which 5 separate rooms have been created. The Parlour, Dining Room, Drawing Room, Ballroom and Terrace each offer members and visitors a unique, one-off experience.

Open every Wednesday – Saturday from 5pm, the Dead Dolls House invite a different street food operator every week to run the kitchen. You don’t have to be a member to book a table however, you will need to be in order to access the Ballroom and Terrace, so make sure you join up here.

 The Dead Dolls Club has taken a fantastic property in the ultimate location, in the heart of buzzing Shoreditch.

We hope that The Dead Dolls Club have a fantastic year at Hoxton Square!

Lauren Leach of Richard Susskind & Co. acted for a private landlord.