I recently had the pleasure to represent 8th Light (an astonishingly clever firm of US custom software crafters) and acquired their brilliant new office at Suncourt House on Essex Road by Islington Green.
The deal was fantastic (well, I would say that wouldn’t I?) but the space was unbelievable including two exclusive decked terraces – one was so large it could host the BAFTA’s !
The point is that my sphere of influence is stretching far beyond my traditional haunts of Mayfair, Noho, Soho and the West End. It’s now all about Shoreditch, Aldgate, the South Bank and yes, The Angel.
In fact, parts of Shoreditch now command a higher Grade A rent than St Paul’s, Bank and Liverpool Street in the City core.
So for my clients (and remember we only advise tenant’s and buyers) London is their oyster. They can choose to go all ‘co-working’ on a flexible term (and 1 in 4 do) or stick to a more conventional lease where landlords are fighting back against the WeWork’s by offering phenomenal rent free incentives and turnkey fit-out packages.
It’s all pretty exciting so call me on 020 7409 5213 and we’ll talk office space … or football if you prefer.”
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