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  1. March 2020

  2. Coming Full Circle in Paddington

    16 March 2020
    After completing the deal within seven days of their first viewing, Moon Intelligence have now moved into their new office in Paddington.
    Founded in March 2018 by Alexandru Luneau and Sebastian Sabic, Moon Intelligence is a sporting algorithm start-up that sells the data from its sporting events predictions. The firm was operating out of a flat in the Paddington area when they approached us in search of their very first office space.

    In our initial conversation, the company was fully convinced that a self-contained floor on a conventional lease arrangement was what they should be looking for, but had been searching for something suitable for several months with little success.

    It's often the case with companies seeking their first workspace that more options are available than they realise or even know about, and so it was with Moon Intelligence. A lengthy discussion around their plans and concerns revealed a commonplace truth: that a conventional lease with its long-term commitment really didn't suit a fledgling start-up at this moment in its life.

    Given the very possible need for rapid expansion at potentially very short notice – a regular occurrence in start-up culture – we mooted the idea of serviced offices to give the company comfort around the length of time and agility in the event of a sudden change in requirements. And with the desire for close proximity to Paddington station, we suggested Moon Intelligence take a look at 19 Eastbourne Terrace from The Office Group. Not only is the site close to the station; it has a secret members entrance directly off Platform 1.

    The Office Group is the only serviced office provider to have a contract with National Rail and has a presence in numerous London termini including Kings Cross, Victoria and Liverpool Street. One of the company’s first locations, 19 Eastbourne Terrace wraps its comprehensive offering of meeting rooms, break out lounge, shower facilities, etc in a beautiful Grade II Listed building.

    Moon Intelligence took an office of approximately 600sq ft split across two rooms, with floor-to-ceiling windows, plenty of natural light and 12 desks in situ. The initial viewing took place on February 21st and, with the space, location, amenities and terms all ticking the right boxes, papers were signed and the deal closed one week later on February 28th. And proving the popularity of the location with its members, the previous occupant vacated to expand into a larger space within the building. 

    The icing on the cake is that Sebastian used to work at 19 Eastbourne Terrace at his previous company: a true case of what goes around, comes around.

    The Author
    Daniel Reid
    Serviced Office Consultant

    0203 815 5162

    07732 094 909

    daniel.reid@colliers.com