Richard Susskind & Company are delighted to announce the letting of Unit 5, 1 Old Nichol Street, Shoreditch. The property has been let on a new full repairing and insuring lease for a term of 5 years. In a stunning warehouse conversion off Redchurch Street, Unit 5 has been leased to Art collective and consultancy Acrylicize at a rent of £40 psf. Dan Cohen, agent at Richard Susskind & Company comments:
“It is widely recognised that the Redchurch Street/Brick Lane area is one of London’s prime retail hotspots however the premium rent we achieved here proves that it is now considered an established office location as well”
Indeed, warehouse-style properties in this fashionable location, such as 1 Old Nichol Street, are in increasingly high demand particularly with the creative industries.
This unit is undoubtedly an ideal setting for this dynamic company; the well lit, un-embellished unit is stylish yet neutral which will make for an excellent creative studio. Furthermore the move from Harrow to East London will be most advantageous to Acrylicize; right in the heart of trendy Shoreditch they will be surrounded by similar creative practices and inspirational happenings.
Progressive art collective Acrylicize combine art and design practices to create artistic concepts for residential and commercial spaces. Through their work Acrylicize aim to ‘connect people with their environment’ using different art forms such as sculpture, installation and graphics. Most notably Acrylicize have produced work for the NHS, international airports and premier league football stadiums.
We wish the Acrylicize team all the best with their new studio and look forward to seeing their work cropping up in the local area.
If you are thinking of moving to Shoreditch the check here to see our current properties or call our office on 0207 831 8311.