Riverside Capital is pleased to confirm a further letting at Old Street Works.
1,541 sq. ft. on the second floor of 205 City Road have been let to Ocean Branding at a rent of £55 psf.
The former Victorian warehouse (197-205 City Road) was purchased by the company’s private investor platform last year for £27.5m. Clients invested a total of £16.2m in equity to purchase the Tech City property, which sits just 300m from Old Street or “Silicon Roundabout”, one of the world’s largest start-up clusters and a hot-spot for tech companies.
This latest letting is in line with our original business plan, and we hope to be announcing further activity in the near future.