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App tycoon Snapchat – a wildly popular app with teens and young adults that allows them to take a photo or short movie, which cannot be saved, to send to friends – has just acquired new headquarter space in London’s vibrant Soho. The area has always been a location that attracts media companies. With its combination of loft-style offices and boutique coffee shops – not to mention the under shadow of the red-lightesque shops – it is a haven for creatives.
Eugene O’Sullivan, experienced Commercial Surveyor at Morgan Pryce, says; “The swing of large corporations moving into Soho amongst the small boutique firms has been a long time coming. This is for a number of reasons including its accessibility, reputation, and selection of pubs and eateries.”
Although Soho is a highly desirable area, the style of office space restricts larger tenants moving in, due to a number of the buildings having very small floor plates. This characteristic will make sure the area’s unique character is maintained, as there will always be room for the small boutique firms who are looking to operate out of 500 – 800 sq ft units.
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.