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Private members’ chain Soho House has confirmed a deal to proceed with plans to expand its empire with a new ‘Soho Works’ workspace, by taking up 85,000 sq ft at 180 The Strand in Central London.
180 The Strand is already a prestigious creative events venue, and with Soho House’s name now attached to the site, it is predicted that the large new space – able to accommodate up to 1000 people – will be extremely popular, particularly with entrepreneurs in the creative sector.
The original Soho Works workspace is currently housed in Shoreditch, and is occupied predominantly by start-ups, who pay £400 a month for 24/7 access to an array of well-equipped, trendy facilities, including desks, meeting rooms and studios. A further Soho Works branch is also set to open in Los Angeles.
The new lease on The Strand will be held with a private UK landlord, and the space should be open by the end of this year.
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.