14-18 Old Street
Putting Tenants First
Size
8,000 sq ft
Address
14-18 Old Street, Old Street EC1
Timing
Long-Term Hold
14-18 Old Street is multi-let office building dating from the 1950s, with solid fundamentals. Its central location, attractive floor plate sizes, generous ceiling heights and exceptional natural daylight throughout made it a promising acquisition.
Rather than complete transformation, Sterling opted for careful stewardship that favoured considered improvement over reinvention to create an attractive building for tenants looking for value and quality.
Instead of pushing design boundaries, these upgrades retained and celebrated original features, including the attractive green terrazzo staircases that give the building a distinct mid-century character. Core amenities were updated and refreshed to meet modern expectations.
To minimise disruption in this occupied building, refurbishment has been carried out in carefully managed phases since acquisition in 2005. Most recently, Sterling has introduced furnished and fitted offerings in response to changing market demands. This measured, long-term approach has proved successful, with a number of long-standing tenants on long-term leases.
Situated close to Barbican, Farringdon and Old Street stations, amid the vibrant culture and energy of East London, it’s a popular base for a diverse mix of occupiers, from showrooms and charities to engineering firms and research companies.
