Riverside Capital is pleased to confirm that Old Street Works is now fully let, after achieving two new lettings over the past month.
1,848 sq. ft. on the first floor of 201 City Road has been let to SuperCarers (Super Carers Ltd) for £55 per square foot. The lease length is 4.5 years. SuperCarers is tech-led company, providing a support service to families seeking care professionals in their area, and is the leading online care platform.
A further 1,572 sq. ft. – the third floor of 205 City Road – has been let to Alfred London Limited on a fully repairing and insuring lease for a term of four years. Alfred London Limited is a PR company with a strong focus on multi-channel campaigning and social media networking for its clients.
197-205 City Road (“Old Street Works”) was acquired by Riverside Capital’s private investor platform last year for £27.5 million. Clients invested £16.2 million in equity to purchase the Tech City property, which sits 300 metres from Old Street or “Silicon” Roundabout.
These latest lettings put the asset well on course to achieving its business plan in good time.