back HELICAL COMPLETES FIRST LETTING AT 55 BARTHOLOMEW CLOSE, EC1

Helical is pleased to announce that it has completed its first letting at 55 Bartholomew Close, EC1, the third and final office building to be completed at its Barts Square estate, to ShadowFall Capital & Research LLP, a leading short-focused hedge fund.

ShadowFall has taken the top floor, comprising 1,040 sq ft, within the newly refurbished office building, agreeing a five year lease with a tenant break option in year three, at a headline rent of £80 psf.

Originally three Victorian townhouses, 55 Bartholomew Close has recently been comprehensively refurbished by Helical and leading designers Morey Smith to deliver contemporary, elegant office suites that complement the heritage of the building. The completed building provides 10,976 sq ft of high quality, characterful office space over lower ground to fifth floor.

Barts Square is a three-acre, mixed use development located between St Paul’s and Smithfield. Comprising 236 high quality apartments, circa 250,000 sq ft of modern office space over three buildings and 10 retail and restaurant units, Barts Square is the creation of a genuine new urban quarter in this charming location. It is also a short walk from the new Farringdon East Elizabeth Line station, due to open next year.

Francesca Palmano, Property Executive at Helical, commented: “This letting is further evidence of the strong demand for top quality office space in this fantastic EC1 location, and is testament to Helical’s successful strategy of investing in design led offices and offering flexible lease terms in order to meet the demands of today’s occupiers. We look forward to welcoming ShadowFall to 55 Bartholomew Close.”

Harry Maude of ShadowFall, added: “We are looking forward to moving into such high-quality offices at 55 Bartholomew Close. The space is perfect for our team dynamic and the amenities of the wider Barts Square estate will have a really positive impact on our staff.”

Helical was advised by Ingleby Trice and Gryphon Property Partners. ShadowFall represented themselves.

For further information please contact:

Helical
Gerald Kaye/Francesca Palmano
Tel: 020 7629 0113

FTI Consulting
Dido Laurimore/Richard Gotla/Andrew Davis
Tel: 020 3727 1000