Sunny, Sunny Shoreditch – what a good time to find an office to let

Wow,

What a fantastic week, summer wardrobe released, sunglasses a constant feature and lots of happy clients under offer.

The Shoreditch Office Market still seems to be going nuts, and it’s great to see. We’ve had several landlords approach us this week with some interesting stock coming available in June and into July, so get in touch to get adead of the game.

Otherwise for those of you who are seeking short term flexible space the market is looking tricky but there are options so please send Natalie an email at:

natalie@shoreditch-officespace.co.uk

thanks and have a great weekend.

Serviced Offices in Shoreditch

One of our favorite Serviced offices in Shoreditch is the former town hall on Rivington Street. The Landlord has really made an effort to key the feel of an office building but has done so with a creative edge.

At the moment the building is full but we have been made aware over the weekend of some forth coming availability.

So if you are looking for a serviced office in Shoreditch with a bit of style please get in touch with Shoreditch Office Space.

thanks for looking.

Is Clerkenwell Office Space Over priced?

Shoreditch Office Space love Clerkewell almost as much as we love Shoreditch, but we can’t help but notice some buildings are starting to gather dust whilst they wait for that elusive tenant. The reason could be a number of things, perphaps the recession is drifting into EC1 or people are finding it easier to secure properties sub -£30.00 per sq ft in more fringe areas. Ambitious Landlords are pushing their agents to quote higher rents as available stock drys up.

Once upon a time rents in Clerkenwell were £32.50 per sq ft at best but now there have been reports of unrepresented tenants paying over £40.00 per sq ft and someone even making an offer of £48.00 per sq ft for a rather nice building on Great Sutton Street.

Although the market in Clerkewell remains busy, there is a feeling that viewings are down and agents are as busy looking for their next instruction as they are letting their existing ones. A true case of supply and demand.

The moral of this story is remember that leasing office space is not only about rent, and please make sure you shop around for the best deal and form your own view of value. Clerkenwell is over priced compared to what it used to rent for, and serviced offices in Clerkenwell are at their fullest for many years with desk rates pushing towards £700 per month, but on an overall basis taking account of business rates and often low service charges Clerkenwell is a mid cost range London office location.

 

Can office space south of Great Eastern Street be considered Shoreditch Offices

It was during Christmas drinks at Shoreditch House that a rather merry observer started a debate with the Shoreditch Office Space team whether or not an office south of Great Eastern Street can be classed as Shoreditch? It was only when the dust settled that the facts as to whether this was true or not were considered.

The area in question is bounded by Great Eastern Street (north), Worship Street (south), Norton Folgate (East) and City Road (west). This area spans three different local authorities Hackney, City of London and Islington and all offices share more or less share an EC2 postcode.

History tells us that Shoreditch fell outside the City Walls and was once fields and woodland with several notable houses and churches. As the industrial revolution took place Shoreditch became industrialised and soon became overpolulated with warehouses and factories. At the beginning of the last century Shoreditch had become a slum and its fate up until the 1990s looked bad. It was during this period that the artists and bohemiams moved in. They were able to find huge open spaces and former lofts as their studios and workspaces. The opportunity to convert buildings into modern use was initially spotted by residential developers but over time the area became known for cheap office rents.

There is plenty of buzz surrounding the area south of Great Eastern Street but the streets are quieter and many  commercial estate agents class it as “City fringe”.

One of the most popular buildings is Zetland House and certainly the building has the credability to claim a top ten spot in most tenants hearts when it comes to a creative community. The building is one of the largest in the area and is well liked by tenants wanting to be part of a community. It is however not for everyone with some likening it to a prison or instituional school in terms of it`s look and feel. Internally the units are full of character with orginal wood floors and exposed pipes and brick work. It seen popular with media and digital companies.

As to the question of whether Shoreditch is really to be found south of Great Eastern Street the answer geography wise is probably no. Whether the area has any of Shoreditch’s feel, creativity and spirit the answer is yes.

Offices on Curtain Road have proved popular lately and rents have gone up by 30% in the last 12 months.
 
If you are interested in Shoreditch and you’d like a studio or an office please contact Shoreditch Office Space.
 
thanks

Offices To Rent – Zetland House, London EC2

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There is available office space available in Shoredtich, to be found at Zetland House, London EC2. There is a range of sizes to choose from, and also a decent cafe in the basement and a members gym. We also like the onsite management team and the fact there is a good vibe throughout. This pic is represents the style of the offices.

Yammer – Choose Tech City for their new Shoreditch Office Space

Georg Ell, European general manager at Yammer, explained that the search for office space was one of the biggest challenges his business faced when moving to Tech City from the US. Rents are still reasonable, he said, but availability is another matter.

The team at Shoreditch Office Space have been watching with interest where the home of the UK office will be for Yammer.

Options have been muted include Lawnponds fanastic 80 Great Eastern Street and the rather less glamourous Telephone House.