Orchard Street acquires 80 Clerkenwell Road for £18.5 million

Orchard Street Investment Management has completed a significant deal on a large new space located in London’s City Fringe on behalf of a pension fund client from DTZ Investors.

The trendy warehouse building underwent considerable refurbishment in 2017 and now boasts an impressive ground-floor showroom, roof terrace, and grade A office accommodation on the upper floors, all across 12,387 sq ft of space.

Barney Rowe, partner at Orchard Street, has said of the deal: “We are firm believers in the long-term strength of Clerkenwell and consider this best-in-class asset to be an excellent addition to our portfolio. The local area is a well-established hub of activity which is already well-connected and is set to become even more so with the imminent arrival of Crossrail, further increasing its appeal to a broad range of occupiers.”

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.