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Co-working space has taken up approximately 5% of the central London office market in only five years. Our experts in this fast-growing field are used to acting for building owners who want to offer space for co-working as well as acting for co-working providers. Accustomed to both leases and management agreements, we are well versed in the issues of alienation covenants and security of tenure under the Landlord and Tenant Act 1954 which need to be resolved – and can offer a range of solutions. Co-working offices capture the headlines, but we are also dealing with co-working spaces in food and drink and other industries.
An imaginative fit-out is critical for the space to deliver the true co-working benefits of community and collaboration. We’ve helped our clients transform spaces ranging from standard offices through architects’ studios to suburban parish churches. We also act for contractors and co-working providers to procure and negotiate building contracts and professional appointments in a robust and cost effective manner.
- Second Home (Spitalfields, Holland Park)
- Oktra (fit outs for WeWork and others)
- TechSpace (co-working space providers for the tech sector)
- Four Front Group (fit outs and furniture supply)
In addition, we have acted for landlords who have let buildings or entered into agreements for co-working to:
- London Executive Offices ‘LEO’
Episode 1: Coworking – Phenomenon or Flash in the Pan?
Key legal issues for landlords and tenants from the biggest market disrupter for decades discussed by Wedlake Bell commercial property partners Suzanne Gill and Claire Nelson.