CLERKENWELL ROAD REFURBISHMENT

20th November 2014

Richard Susskind & Company are delighted to announce that on behalf of our client David de Groot & Co we have recently let over 8,500 sq ft at 67 Clerkenwell Road, London, EC1 5BL.

Associate Director Dan Cohen says “The brief was to reposition the building in the market, and after working closely with our client, we provided advice on the latest market trends for our client to come up with a product with which we are all proud. The rents in the building were previously in the 20s psf and these have now more than doubled for the recent lettings.”

A significant part of the transformation is a new entrance hall which includes copper finishes, contemporary flooring and a unique custom made reception desk. The new signage, branding and higher ceilings add to the creative look. The first floor east and the whole second floor underwent an extensive refurbishment with the aim of exposing much of the original features. Our client removed the suspended ceilings, partitioning and carpet flooring replaced them with high end finishes. This included wood flooring, suspended lighting and new WCs in order to create high end media style offices.

Most recently we have let the 1st Floor West, comprising a total of 2,426 sq ft, to Ichi Limited. This company, established in the summer of 2009, is an agency with entertainment in its blood, digital in its heart and a desire to create work that works. They have two vibrant homes, one in London and one in Los Angeles.

We have also let 1st Floor East, comprising a total of 1,500 sq ft, to Futureboard Consulting Ltd. The company is an international HR consulting group that helps organisations to maximise the potential of their employees.

The 2nd Floor, comprising a total of 4,000 sq ft, has been let to DMJ Recruitment Ltd. DMJ specialise in five key recruitment areas – legal private practice, in-house legal, legal support, legal mergers and company secretarial.

The 4th Floor, comprising a total of 669 sq ft was let to Concorde Capital Limited. They are a leading investment company which was founded in 2004. They provide a full range of investment banking, asset management services and brokerage.

With an impressive refurbishment, including new reception area, common parts and a more prominent look on Clerkenwell Road, we are sure all of the new tenants will enjoy their exciting new office spaces.

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ADAPTING TO A NEW SPACE

29th October 2014

On behalf of Hermes Investment Management we have let the 3rd floor of 34-35 Great Sutton Street, EC1 to Adaptavist comprising a total of 2,135 sq ft. Positioned above one of the finest watering holes in EC1, The Slaughtered Lamb, the floor provides extra office space for yet another expanding tech company.

Adaptavist, founded in 2005 in the UK, are an international software development and consultancy company. They work with major enterprises to advance their application lifecycle management processes through the effective use of Atlassian software. They provide professional services, managed services and support services around the Atlassian toolset.

One of Adaptavist’s most popular products is the ThemeBuilder plugin. This product allows organisations to customise the user interface of Atlassian Confluence. Their Umbrella SSO product, which launched in 2012, proved to be an instant success with major global enterprises.

The company, who have over 5,500 clients across the globe, expanded by opening an office in San Francisco which opened in 2012, they then opened an office in Germany in 2013 to establish a critical foothold in the largest European market replicating its already successful model in the UK and the US.

Situated in the heart of Clerkenwell they are in a fantastic location and we wish Adaptavist all the best for the move. Richard Susskind & Company acted for Hermes Investment Management.

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LET AND SOLD IN HACKNEY

2nd October 2014

Richard Susskind & Company are delighted to announce the freehold sale of 240 Amhurst Road, Hackney, London, E8 in its entirety to Dawnelia Properties Ltd. Comprising a total of 4,245 sq ft, this Grade II listed property provides residential accommodation on 1st and 2nd floors and a bar / restaurant on the ground and lower ground floors.

This follows on from our letting of the ground floor of this property to renowned Shoreditch operator Jaguar Shoes. Opening under the name ‘Hand of Glory’ earlier in 2014, this is their first venue outside of Shoreditch. Since they launched 12 years ago, Jaguar Shoes provide a variety of different platforms for creative talent from collaborative products and retail opportunities to exhibitions and events.

Their other units are ‘The Old Shoreditch Station’ which is a café bar and exhibition venue in a decommissioned train station and their flagship venue ‘Dream Bags Jaguar Shoes’ whose name comes from the 1980’s bag and shoe wholesalers that once occupied the adjoining units.

Jaguar Shoes have also just opened the UK’s first 3D printing café in the third room at the ‘Old Shoreditch Station’ which allows anyone to walk in and print off their creations.

We would like to wish Jaguar Shoes and Dawnelia Properties all the best for their new unit in Hackney.

24,000 Sq Ft Pre-Letting

19th September 2014

Richard Susskind & Company are delighted to announce that on behalf of Hermes Investment Management we have pre-let 1 Sekforde Street, Clerkenwell Green, EC1 in its entirety to Future Cities Catapult Ltd. Comprising a total of 24,000 sq ft, the property has dramatic ceiling height and large period-style windows throughout as well as spectacular vaulted ceilings on the top floor.

Future Cities Catapult Ltd, based in the heart of London, are one of the seven ‘Catapults’ launched by the UK’s Technology Strategy Board. The plan is for 1 Sekforde Street to be transformed into an Urban Innovation Centre. Utilizing state of the art technology, the centre will be assisting leaders from all over the globe with ideas on how to improve the cities which they govern. FCC put a substantial focus on the challenge of urban integration, how cities can take a more straight-forward approach to the way they plan and operate.

FCC’s aim is to get people working together to solve real challenges faced by real cities right now and to improve quality of life, strengthen the economy and protect the environment. This is done by cities sharing what has worked for them in the past, universities and companies working together, new solutions getting to market and road testing new innovations.

London is the perfect place for FCC’s Urban Innovation Centre, with the hope that economies will benefit at home and abroad.

Richard Susskind & Company acted for Hermes Investment Management. Hanlon Bennett represented Future Cities Catapult Ltd.

1 Sekforde First floor floor plan

BEST LAID PLANS IN SPITALFIELDS

17th September 2014

Richard Susskind & Company are delighted to announce that on behalf of Fashion Street Regeneration Ltd we have let the ground floor of 11-29 Fashion Street, Spitalfields, E1 to Bestseller Wholesale UK Ltd.

Comprising a total of 2,000 sq ft the unit is within a converted warehouse with a stunning courtyard to rival any building. The unit has great natural daylight, funky white flooring and modern suspended lighting.

Bestseller, founded by Merete Bech Povlsen and Troels Holch Povlsen in Denmark in 1975, are a family-owned clothing and accessories company which provides affordable fashion for men, women, teenagers and children.

They have over 3,000 stores across 38 markets and have products sold in approximately 12,000 department and multi-brand stores in 53 markets worldwide.

Bestseller also do development work and set up an independent non-profitable charitable foundation in 1995. This foundation, although not directly related to Bestseller’s activities, serves as a means to give something back to some of the poorest and most vulnerable people on the planet.

We hope that Bestseller feel right at home in their new office. Doherty Baines acted for Bestseller. Richard Susskind & Company and Paul Belchak & Co acted for Transformer Properties.

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699 Square Foot Letting

5th September 2014

Richard Susskind & Company are delighted to announce that we have let the fourth floor of 67 Clerkenwell Road, London, EC1, comprising a total of 669 sq ft to Concorde Capital.

The property has wooden flooring throughout, perimeter trunking, superb natural daylight, excellent ceiling height and a passenger lift. The property also has newly refurbished common parts and new refurbished WC’s.

Concorde Capital, who took the fourth floor, are a leading investment company which was founded in 2004 and are based in Ukraine. They provide a full range of investment banking, asset management services and brokerage.

The firm has attracted private placements since 2004 in the agricultural, automobile, chemical, metallurgy, oil & gas, pharmaceutical and real estate sectors. They have also attracted more than USD 2 billion for leading Ukranian companies via IPOs.

Concorde Capital are situated in a fantastic location with Farringdon, Barbican and Chancery Lane tube stations close by. We hope that Concorde Capital feel right at home in their new office. Richard Susskind & Company acted for the Landlord.

CLERKENWELL HOUSE, CLERKENWELL ROAD 67 EC1 054

3,630 Sq Ft Islington Letting

12th August 2014

Richard Susskind & Company Retail & Leisure department are delighted to announce that we have let the old Citroen garage at 133B Upper Street, N1 to Meatailer Ltd comprising a total of 3,630 sq ft. There is an abundance of strong retail and restaurant operators close by so Meatailer Ltd should be right at home here!

Meatailer Ltd started off its burger concept as Meatwagon in 2009 when one of its owners, Yianni Papoutsis, bought an old van and toured London’s car parks to serve street food to customers who’d heard about his idea through Twitter. Papoutsis first experienced cooking burgers for the public whilst working as a volunteer at Burning Man.

Further to the success of Papoutsis’ idea, he joined up with Scott Collins, who he met in a car park in Peckham in 2010, to create Meateasy in an abandoned pub in New Cross in January 2011. This restaurant stayed open for four months before both Papoutsis and Collins opened their first permanent site in November 2011 near Oxford Circus.

MeatLiquor, a burger and bar operation, opened in a site near Oxford Circus, London and also has units in York Place, Brighton, and Bank Street, Leeds. The sister site, MeatMarket, launched in Covent Garden’s Jubilee Hall in April 2012 complete with a takeaway option. Meatailer Ltd also has a Wishbone unit in Market Row, Brixton, and a MeatMission in Hoxton.

Situated in the heart of Islington they are in a fantastic location and we hope that Meatailer Ltd feel at home here. Richard Susskind & Company acted for the Landlord.

IMG_7646Burger2Inside Meatliquor

 

 

The Islington Portfolio – Upper Street, Camden Passage and Charlton Place, N1

9th July 2014

We have been instructed to market the above Freehold Investment. In summary, the opportunity provides the following:

  • Prominently located in the heart of one of London’s most vibrant and attractive neighbourhoods.
  • A rare opportunity to acquire a mixed-use portfolio comprising 14 properties.
  • Freehold.
  • Total accommodation of 20,552 sq ft comprising:

-10,792 sq ft of retail space

-5,757 sq ft of office space

-4,003 sq ft of residential space

  • Significant scope to develop and improve retail, residential and office accommodation. Potential exists to convert the existing office units to residential accommodation subject to planning.
  • Potential opportunity to take advantage of recent and ongoing rental growth.
  • Total current rent of £806,278 per annum.
  • Total ERV of £988,786 per annum.

We are seeking offers for the freehold interest. The closing date for written offers is 5pm 25th July 2014.

Should you require any further information or wish to arrange an inspection of the property please do not hesitate to contact Richard Susskind & Company (Richard Susskind, Jonathan Franks, Ashley Goodman or Dan Cohen) on 020 7831 8311 or our joint sole agents Michael Elliott (Mark Shipman, Nathan Sugar or Nick Steele) on 0207 493 8184.

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SUNCOURT HOUSE, 18-26 ESSEX ROAD, ANGEL N1

12th June 2014

On behalf of Derwent London, a contemporary 4,069 sq ft industrial style office refurbishment centrally located in vibrant Angel. The re-modelled third floor of Suncourt House provides a modern and flexible working environment, featuring openable windows, a bespoke lighting solution and galvanised wall and ceiling mounted air conditioning units.

Amenities include:

-Bespoke re-modelled reception

-Feature entrance door with security and 24 hour access

-Access controlled refurbished office floor

-Openable double-glazed windows providing (read more…) natural ventilation

-New raised metal tile access flooring

-Galvanised wall and ceiling mounted fan coil units providing controlled heating and cooling

-Suspended lighting installation

-2.9m floor to ceiling height

-New demised “super loos”

Outgoings:

Rent: £45.00 per Sq Ft

Rates: £11.15 per Sq Ft

Service Charge: £8.19 per Sq Ft

Please visit the buildings website www.suncourthousen1.co.uk for further information or contact Richard Susskind & Company (02078318311) or Hatton Real Estate (02071012020).

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6,500 Sq Ft Shoreditch Pre-Letting

5th June 2014

Richard Susskind & Company are delighted to announce the pre-letting of the First Floor at 31 Old Nichol Street to Visual DNA.

This contemporary building benefits from being in the heart of one of Shoreditch’s most sought after quarters. With windows overlooking Redchurch Street at the corner of Ebor Street, the property rubs shoulders with the likes of Albion, Shoreditch House and Dishoom.

The office now offers new comfort cooling, hanging lighting, new raised floors, a self-contained entrance from Old Nichol Street, excellent ceiling height, industrial style finishes and new WC’s. Following a substantial redevelopment courtesy of Quinn Architects  we were able to achieve a rent way in excess of our clients’ expectations.

Visual DNA use a patented technology creates accurate personality profiles which are driven by the science of altering big data from millions of opt-in visual personality quizzes into audience profiles. The data is then compared to the data collected through their global network of publisher partners of which they then identify internet users with similar personalities. This enables Visual DNA to create scalable segments that power targeted online advertising.

Situated in a prime Shoreditch location, with fantastic branding opportunities onto Redchurch Street, they are in a fantastic location and we hope that Visual DNA feel right at home in their new office.

Richard Susskind & Company and CF Commercial acted for the Landlord. Pilcher Hershman acted for Visual DNA.

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