Artesian
Key Details
Overview
Artesian at 9 Prescot Street is an office redevelopment in Whitechapel, London W1.
CLS Holdings is rebuilding the office building to the new designs by Buckley Gray Yeoman targeting BREEAM Excellent, WiredScore Platinum, CycleScore Platinum and an EPC A Rating. The Cat A refurbishment will complete in Q2 2023.
The building boasts numerous original Art Deco details from the 1930s, adding to its unique character and charm.
Originallly built in 1938, the existing 7-storey building comprises 96,948 sq ft (9,007 sqm) of multi-let office space.
History
2019 February - CLS Holdings plc acquires 9 Prescot Street for £53.85 million excluding costs from Derwent London and LaSalle. Barts Health NHS Trust occupies the five lower floors comprising 59,600 sq ft on a lease expiring January 2020.
2016 - A 37,000 sq ft refurbishment completed in H2 2016.
2015 - Sold into a 50:50 joint venture with LaSalle in February 2015.
2012 - Acquired by Derwent London in 2012 for £23.2m. The purchase price included 16 Prescot Street E1. The office building is 102,700 sq ft (9,540m2) in size and is let until January 2015 to Co-operative Bank plc at a low passing rent of £11.50 per sq ft (£124 per m2).
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Site & Location
The site is bounded by Prescot Street to the north and Chamber Street to the south, where it has another address of 78 Chamber Street. It is next to Grade I listed 1 Prescot Street and 16 Prescot Street.
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Disclaimer
Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.