Martin’s Properties welcomes New Customer to its Old Sorting House Scheme

7 February 2019

 

Martin’s Properties, a leading property investment and development company based in Central London and operating throughout the South of England, are pleased to welcome a new customer, New Bridge Health, to its Old Sorting House Scheme in Islington. Established in 1946, the family owned company has grown to become the owner of one of the largest property portfolio’s in Chelsea and has continued to expand its portfolio across London and the South East.

New Bridge Health, trading as Zava is a fast growing online dispensing pharmacy service offering a convenient treatment service for men and women operated by a team of qualified doctors (www.zavamed.com). Zava will occupy the premises as their global HQ.

New Bridge Health has agreed a 10-year lease on the recently completed space totalling 21,670ft2 (2,013 m2) at £60 per sq ft.

Originally built in 1855 by the Postmaster General as a landmark building for the Northern District Post Office, the building was converted into The Coronet picture theatre in 1911. Post-war, the building was used as a hardware merchant’s warehouse, an antique shop and a furniture store.

Acquired by Martin’s Properties in 2016, working with leading architects, Ben Adams Architects, the four-storey building has been substantially remodelled to create a contemporary office, the lower three levels offering interconnecting floors, the top level being a self-contained floor with a generous roof terrace. The restored building has a modern twist on its industrial heritage including exposed services and structure behind its striking classical elevations fronting on to the corner of Essex Road and Packington Street.

Tom Martin, Executive Chairman of Martin’s Properties Comments: “We are delighted with the finished building, it will be a very special working environment for our new customer. We welcome New Bridge Health to this iconic building and are delighted to have a dynamic company occupying this vibrant building for its new chapter as their international headquarters

Richard Bourne, Managing Director of Martin’s Properties comments “This is a fantastic and major letting for us and we look forward to developing the relationship with our new customer. This deal delivers a significant boost to our income portfolio and the completion of this scheme is part of our strategy to grow the business substantially over the next 7 years and diversify our portfolio across London and the South East

Martin’s Properties were advised by Colliers City Fringe team, New Bridge Health represented themselves.

To contact Martin’s Properties please visit the website www.martins-properties.co.uk

For press enquiries please contact:

Bronya Heaver, Bronya@maisoncomms.co.uk 07813 680 704

Henrietta Harwood-Smith, Henrietta@maisoncomms.co.uk 07866 529 159

Note to editors

Martin’s Properties, established in 1946, is a family owned, London based UK investment and development company with a prestigious property portfolio worth in the order of £375 million. Their assets include a mix of commercial, retail, residential, office, leisure and mixed-use properties across the South of England with a large concentration in Chelsea and London. Martin’s Properties is a customer and community facing business with a focus on creating and managing sustainable, well-designed buildings that enhance the local environment and deliver exceptional customer service. www.martins-properties.co.uk

 

2019-02-19T12:13:53+00:00