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Rose Uniacke has signed a new ten-year lease at Martin’s Properties’ Radnor Studios in Chelsea, London.
Rose Uniacke, the interior designer and gallerist, has expanded its presence within the building. They have taken their total space to 5,340 sq ft and occupy the majority of the building, which is now fully let.
Developed by Martin’s Properties in 2022, Radnor Studios offers a three-level BREEAM Excellent, multi-let commercial building in an attractive Courtyard setting, with both open plan and cellular self-contained business space from 1,500 to 9,000 sq ft, along with complementary retail units on the ground floor. The block forms part of Martin’s Properties’ larger holding including 105 to 115 Kings Road and 1 to 17 Radnor Walk.
Brook Stotesbury, Head of Commercial Asset Management and Investment at Martin’s Properties, comments: “Rose Uniacke has gone from strength to strength in the interior design world with the business rapidly expanding in both the UK and US. They now occupy all but one suite in the Radnor Studios building. Taking a new long-term lease for additional space, the interior designer has shown it is committed to the area for the long-term and is also looking to invest its own capital to improve the common parts building on the work that we have already undertaken with this development.”
Richard Bourne, CEO of Martin’s Properties, says: “Our in-house asset management team has been working hard to achieve a dynamic retail and leisure mix across our Chelsea portfolio, while also leveraging the experience of our in-house planning and development teams. Whenever we invest in Chelsea, we are focused on attracting the best long-term tenants that will drive footfall and exemplary customer experience. The addition of Rose Uniacke was undoubtedly in line with this strategy, and its success is underpinned by increasing their space at Radnor Walk.”
Martin’s Properties recently acquired the former McDonald’s building at 49 Kings Road - expanding its Chelsea portfolio and undertaking asset management and significant refurbishment and repositioning works prior to leasing. Martin’s Properties has also secured a letting to Graham & Brown, another high-end interiors retailer, for its first physical store.
Martin’s Properties is a dynamic family-owned business with assets of approximately £400m and capital to invest in opportunities across a number of real estate sectors in the South of England. The team’s depth of expertise across investment, asset management, finance, development and operations spans many sectors and covers the whole lifecycle of buildings and real estate. As a responsible investor, Martin’s Properties creates and manages sustainable buildings that positively impact local communities, businesses and stakeholders, delivering both strong returns and exemplary customer service.