Richard Susskind and Company are delighted to announce a total of 21 out of 23 deals in this week’s edition of Property Week! With over 40,000 sq ft let, over 10,000 sq ft at Compton Courtyard alone, these deals include the 4,200 sq ft fourth floor at 10-11 Charterhouse Square, EC1, letting to Equitix, the 2,099 sq ft first floor at Compton Courtyard, 40 Compton Street, EC1 letting to Marshalls Mono Ltd and the 2,077 sq ft ground floor at Compton Courtyard, 40 Compton Street, EC1 letting to Oki-ni.
Equitix are an integrated business with two complementary platforms; Bidding and Project Management and Fund and Asset management. They “deliver and manage infrastructure projects from bidding and closing through to construction and service provision”. Oki-ni, founded in September 2001, works with well-known brands and progressive designers to offer innovative products to knowledgeable fashion consumers. They have exclusively collaborated with brands such as Adidas and Levi’s to produce unique pieces. Marshalls Mono Ltd, founded in the 1890s, is a hard landscaping manufacturer that supplies superior natural stone and innovative concrete products to the landscape, home improvement and construction markets.
As the undisclosed and notable international tech company, the increasingly popular online rental marketplace, joins other big names like Skype, WPP, Agent Provocateur, and Grey Group which have helped to develop Clerkenwell’s reputation as the go-to area for the creative and technology industries.
Dan Cohen, of Richard Susskind & Company, who let the space, said: “The unique courtyard space and stunning loft style office accommodation made Compton Courtyard the perfect place for the undisclosed and notable international tech company’s new home. This pocket of the area is proving extremely desirable to high profile tenants, with Oki-ni, Zaha Hadid and Alexander McQueen. I think the area around Compton Courtyard in particular represents the true essence of quintessential Clerkenwell.”
The building, with a stunning, unique outside courtyard, is owned by a private investor who has transformed it over the years to meet the needs of the target market.
The rental tone at Compton Courtyard has surpassed £60.00 per sq ft for all new lettings in 2015. This includes the 2,077 sq ft ground floor letting to Oki-ni Ltd and the 2,099 sq ft first floor letting to Marshalls Mono Ltd. Oki-ni Ltd, founded in September 2001, works with well-known brands and progressive designers to offer innovative products to knowledgeable fashion consumers. They have exclusively collaborated with brands such as Adidas and Levi’s to produce unique pieces. Marshalls Mono Ltd, founded in the 1890s, is a hard landscaping manufacturer that supplies superior natural stone and innovative concrete products to the landscape, home improvement and construction markets.
Richard Susskind & Company are delighted to announce that we have been instructed to market the office units at 17-21 Wenlock Road.
The units comprise the following sizes:
Unit A / 1,560 Sq Ft / Ground Floor
Unit B / 4,231 Sq Ft / Ground Floor
Unit C / 4,788 Sq Ft / LG Floor
We are guiding late £30s psf for LG Floor and late £40s psf for G Floor.
The suites provide the following amenities:
This unit is located near Old Street, reborn as Tech City, which has become renowned as the digital media hub of the UK. Clerkenwell, Farringdon, Shoreditch and Old Street were considered as “fringe” parts of London, given their proximity to key hotspots such as the City and the West End. Now these areas are considered to be the must have areas to have your office and are now populated by a group of exciting technology start-ups making waves across the continent. Facebook, Google, and Vodaphone are among the companies which have committed to invest in the hub.
We are delighted to announce the freehold sale of Angel House, 338 Goswell Road, EC1. This former tobacco warehouse, which measures approximately 45,808 sq ft was sold to Workspace. Our clients Gascoyne Holdings and Bolton Group achieved a price of £34,200,000 which reflects a net initial yield of 3.67%.
Angel House is a grand warehouse building, typical of the location, and has a wide range of tenants in situ. The top three floors were recently refurbished as part of our letting campaign with our joint agents Allsop. These recent lettings meant that Gocardless, Schawk, Wayfair and Joss & Main now call the building home.
Gocardless, founded in 2011, is one of Europe’s leading Direct Debit providers. They make it easy to accept recurring payments online and are backed by some of the world’s leading investors including Accel Partners, Balderton Capital and Y Combinator.
Schawk, founded in 1953, enhance consumer desire and make brands more profitable by efficiently delivering consistent brand experiences.
Wayfair is one the most successful online destinations for all things home. Joss & Main are part of the Wayfair group and provide an online members-only retail experience that offers limited time sales on some of the world’s best brands for the home.
The refurbishment to the office floor provides a high quality open plan working environment which is perfectly suited to the creative, financial and professional sectors. The unit is within walking distance of Farringdon and City Thameslink Stations, as well as Chancery Lane and St Paul’s tube stations.
We would be delighted to come and talk to you about the competitive service we can offer. For more info please get in touch with Richard on 020 7831 8311.
GetBynder Ltd, a marketing resource management company, and Blueglass Ltd, a digital marketing agency, are the two newest tenants following on from our recent lettings. Leather Lane has recently become one of Central London’s most popular destinations for street food. It includes a variety of new food stalls such as Grill My Cheese, Chick, Boom Burger & many more.
The unit is newly refurbished, has a new wooden floor, new modern suspended lighting, new air conditioning, bike storage, new male & female WC’s and a refurbished reception area.
Richard Susskind & Company Retail & Leisure department are delighted to announce that we have acted again on behalf of Street Feast. We have secured the carpark at the Hamilton Buildings on Great Eastern Street, Shoreditch, London comprising an approximate area of 1,153 square metres.
Street Feast have been breathing a new life into local communities since May 2012 by helping launch dozens of small businesses and transforming the lives of many street food traders. These include Rotary Bar, Gin Store, Whisky Bar, Tequila Tree House, Rum Shack, Frontier Bar, Street Vin, Kozel Beer Truck, Kamm Shed, Winyl, Smokestak, 20 Traders, B.O.B.’s Lobster, Bleecker Street, Breddos, Kimchinary, Mama’s Jerk, Rola Wala, Slider Bar, You Doughnut!, Yum Bun and more!
They have revived London‘s abandoned car parks, builders’ yards, warehouses, power stations and a 1950s market to create a fresh way of eating, drinking and hanging out. They currently have Model Market in Lewisham, Dalston Yard in Dalston and Hawker House in Hackney.
They are opening a ‘Dinerama’ which will take place in Shoreditch Yard, the second largest licensed venue in Hackney. The venue will hold 1,100 people with six permanent diners, six food shacks and six concept bars and will be open five days a week compared to the other Street Feasts which are only open at weekends.
Situated in the heart of Shoreditch they are in a fantastic location and we hope that Street Feast feel at home here. Richard Susskind & Company acted for Street Feast and Allsop acted for the Landlord, City of London.
If his name sounds familiar then it’s because he was the Chef Director at Polpo, who along with Russell Norman set up the original Polpo in Soho. Tom Oldroyd has been chef director at the Venetian small plate chain – which will shortly open its sixth branch in Chelsea.
He has now left the company to focus on the launch of his own venture, which will be called Oldroyd Ltd and will launch at 344 Upper Street in June. As fans of the Polpo group we’re pretty excited to hear he’s going solo.
The 40 cover restaurant will feature a no-reservation café downstairs and upstairs you’ll find bistro style dining which will take bookings.
The menu will change daily focusing on locally sourced British produce with inspiration taken from Tom’s travels throughout Europe and the US. So expect to find smaller plates such as confit mustard duck wings, pea and pork jowl croquette with summer truffle mayonnaise, larger plates including Cornish chorizo, prawn & broad bean paella, with cockles and aioli. Those after something a bit lighter for summer can tuck into Grilled peach, Dorset coppa and perroche or if you want to stick to something meatier then get your hands on porchetta rolls with stuffing, crackling and pickled fennel.
Come the weekend there’ll be brunch dishes alongside the main menu. So if you’re a little hungover or simply want to while away the hours, you can get stuck into bacon and egg pappardelle and waffle iron rosti with smoked salmon served with soured cream – all washed down with Bloody Marys of course…unless you’re really suffering and then you can have a cold-pressed juice.
Richard Susskind & Company Retail & Leisure department are delighted to announce that we have let 28 Hatton Wall, EC1, to The Lion and The Fox comprising a total of 1,597 sq ft over ground and lower ground floors.
The Lion and The Fox, established in 2015 by hair stylist Tim Pateman and photographer Leo Cackett, is a Salon & Gallery which uses all-natural Davines products to deliver the highest standard within their relaxed yet professional atmosphere and are currently offering a 25% discount for first visits (excluding Colour Treatments) at the moment.
Situated in the heart of Farringdon they are in a fantastic location and we hope that The Lion and The Fox feel at home in their new salon. Richard Susskind & Company acted for the Landlord, Boultbee Brooks.