PROPERTY TYPE
Offices
DURATION
Ongoing
LOCATION
Woolwich, London
NO. OF OCCUPANTS
500
CLIENT
Private Fund
Former Office Block, Woolwich
Client: Private Fund
Situation
A former council-owned office block in Woolwich acquired by the client with the prime intention of maximising social value for the local community. On completing a comprehensive inspection, we noted that the property was suitable for Charitable Occupation, partnering with arts charity, and non-profit organisation, SET, to turn the buildings into affordable artists’ studios for 500 local artists. SET and LOWE carried out a full fit-out of the property, ensuring that it was habitable, secure and fully compliant with health and safety standards. SET Woolwich, Beresford Street, hosts over 250 workspaces, and is one of the largest meanwhile spaces in London, spanning 140,000 sqft and 19 storeys.
SET Woolwich
Solution
- Carried out an inspection and health & safety audit to assess the compliance of the property prior to any works being carried out.
- Carried out a full fit-out of the property, working with SET to install individual artist studios on each floor.
- Promoted the property to 500 local artists and community groups to occupy the spaces, ensuring security coverage within the building.
- Appointed a reception team and buildings manager to carry out daily checks on the property and look after the artists’ needs.
SET Woolwich
Outcome
- A well-managed, secure property with 500 local artists and community groups, with access to an affordable studio solution in London.
- Working with registered charity SET, provides savings of 80-100% on business rates.
- A cost neutral solution that saved our client substantial fees that would have been incurred on conventional security measures.
SET Woolwich
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