Workspace granted planning permission at two London sites

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Sharecast News | 12 Jun, 2018

Workspace Group has been granted planning consent for a refurbishment of 12-13 and 14 Greville Street in Farringdon, and for additional space at the Biscuit Factory in Bermondsey, it announced on Tuesday.

The FTSE 250 firm said Greville Street currently comprised 15,000 square feet across two three-storey office buildings, 200 metres from Farringdon station.

It said the planning consent was for a new five-storey building, providing 23,000 square feet of net lettable space at an estimated cost of £9m.

Greville Street was described as a “short walk” from several other Workspace business centres, benefiting from the “vibrant” Farringdon area and the opening of the new Crossrail station.

At the Biscuit Factory in Bermondsey, planning consent was granted for 27,000 square feet of additional commercial space.

The project would create a new café and reception, which Workspace said would provide “a new heart” for the enlarged 275,000 square foot Biscuit Factory business centre, which now comprised nine buildings including Cocoa Studios, which opened last week.

It said the refurbishment project was expected to cost £10m.

“It is great to see these planning consents being granted,” said Workspace chief executive Jamie Hopkins.

“The refurbishment projects at Greville Street and the Biscuit Factory will add to our extensive pipeline of activity and allow us to continue to upgrade our properties and further extend our footprint to meet the strong demand for space.”

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