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    1. December 2019

    2. Medical sector acquisition in Kentish Town

      11 December 2019
      Up in Kentish Town and just a couple of minutes’ walk from Hampstead Heath, we recently completed an acquisition for the medical innovator Second Skin on an industrial workspace on Gordon House Road, NW5.

      The recently refurbished Spectrum House is a large three-storey factory building with a broad façade of white render and black window frames that gives no indication of what lies beyond, where multiple self-contained units in various sizes are arranged around a rear courtyard. In all, the development extends to around 48,500ft2 with the capacity for over 300 employees.

       

      Mixing bright white décor with an industrial palette of hard edges – corrugated metal ceilings; black-painted steel columns; black doors and window frames – the aesthetic does a good job of capturing the essence of a warehouse workspace and is finished with rich oak parquet floors, suspended lighting and recessed kitchenettes in a modern grey with white metro tiles.

       

      The development’s design allows tenants to keep their brand identity and independence while benefitting from a well-managed environment that includes 24-hour access, cycle storage and car parking spaces.

       

      Second Skin has taken 1,236ft2 on the ground floor of Spectrum House. From here, the company will treat its clients in a variety of bespoke treatment rooms created from a tailored and DDA-compliant fit-out.

       

      A lease was agreed for 5 years at a rent of £48 per ft2, with the fit-out costs and works borne by the landlord and a five-month rent-free period negotiated. Completion took place in early November.

       

      Second Skin was founded in Perth, Western Australia in 1988 and is now the world leader in the design, manufacture and service delivery of custom made medical compression garments and dynamic splints for children and adults. The company has clinics in Australia, New Zealand, Ireland and the UK.

      The Author