Purpose - The Archives - 807sqft Studio

LANDLORDS 

HELLO, WE ARE PURPOSE

Landlords

Using our knowledge and years of experience, we identify buildings in London that are currently not delivering value to the area they are in.

We transform these spaces into blank canvases which businesses can use to create the working environment that suits their business needs and lifestyle.  All at a cost that no one else can compete with in the market.

How We Work

At Purpose we are flexible, while keeping things simple.  We take on any types of space for any term.  We then have 3 models of working that offer:

LANDLORD
FINANCED
CAPEX

LONG TERM

Purpose takes a share with a management fee on a management agreement.

01

PURPOSE
FINANCED
CAPEX

EMPTY

Purpose take the lease, Purpose Capex is repaid first and then the profit is split between the Landlord and Purpose.

02

PURPOSE
FINANCED
CAPEX

TENANTED

Purpose takes over managing the service charge and all of the leasing deals. Purpose are then responsible for marketing and filling the building.

03

THE STORY SO FAR

COMPANY HISTORY

Since 2016 we have been transforming obsolete buildings into thriving workspaces for a wide range of Small and Medium sized businesses. We work with an amazing range of businesses, from traditional work spaces to fashion designers, pasta makers, and even a climbing center.

Our spaces are incredibly versatile, our locations appeal to a spectrum of businesses and our prices are so competitive its become a very compelling offering. By the summer we will be a full occupancy. Pretty impressive considering the market!

2016

30,000 SQ FT
1 BUILDING

Capital House, our very first building. A 30,000sqft building located immediately adjacent to The Shard. Taking on the site in August 2016, the site was acquired by Greystar who allowed us to use the building as a meanwhile space whilst they secured planning for redevelopments. At the end of our term, the building was at full occupancy.

2017

180,000 SQ FT
3 BUILDINGS

In 2017, we were still managing our 30,000sqft space at London Bridge, and in addition, acquired Laser House, a 70,000sqft site in Clerkenwell an 80,000sqft industrial space in Bermdsey at the former Biscuit Factory site.

2018

215,000 SQ FT
5 BUILDINGS

In 2018, we acquired two further sites. The first was in the form of 20,000 sq ft at Tileyard Quarter in King’s Cross. Prior to our occupation, the site had laid vacant for 4 years and is now a thriving workspace spread across two large converted industrial buildings providing characterful open-plan spaces. The second of these new buildings was Pelican House in Bethnal Green, which is a 15,000sqft site where we have constructed a cafe for the building and have filled with a variety of artists, businesses, freelancers, and charities across the four floors of the space – activating the outside courtyard space for events such as theatre performances.

2019

225,000 SQ FT
5 BUILDINGS

Following on from our success in acquiring two new buildings in 2018, we added a 7,000sqft building directly opposite Borough station, and our flagship site in Tottenham, a 100,000sqft former Iron Mountain storage facility – now a bustling hub for creatives, businesses, musicians, artists, artisans and more. It’s provided a popular site within the community for local film and music video productions.

2020

205,000 SQ FT
5 BUILDINGS

With the uncertainty of the pandemic, we did not acquire any new sites in 2020, but managed to keep our sites to near full occupancy throughout the year.

2021

360,000 SQ FT
6 BUILDINGS

So far in 2021, we have added 180,000 square feet of office and industrial space in Mill Hill and a 33,000 sqft site in Kentish Town. We plan on adding much more in the future.

OUR EXPERIENCED DELIVERY TEAM

Our delivery team have over 15 years experience between them in identifying the right opportunities, fit out, sales & marketing and food and beverage concessions.
Purpose Group - CEO Dan Cohen
Dan Cohen
Dan's been identifying Purpose buildings since founding it in 2015.
Purpose - Team Member - Adam Cohen
Adam Cohen
Adam's been delivering Purpose building fit-outs since 2015.
Purpose - Team Member - Jon Angel
Jon Angel
Jon's been working in the Sales & Marketing industry for over 18 years.
Purpose - Team Member - Mark Hunter
Mark Hunter
Mark's been working in food and drink experiences for over 18 years.
Jack Taub
Jack's been managing a substantial and diverse portfolio of property assets for the last 7 years.
Purpose - The Archives - 484sqft Office

BACKING AND GROWTH PLANS

Our intention is to rapidly grow our portfolio of business in 2021, in a sustainable and profitable way, not reliant on debt.

We are expanding our experienced team across building contractors, designers, facilities experts, property and marketing professionals that can handle the entire life cycle of large commercial refurbishments.

We are raring to go and looking forward to talking.

For more details contact Dan Cohen – dan@purposegroup.co.uk 020 3538 7678

SAY HELLO

Just fill out our contact form, and our team will get in touch with you as soon as possible.

Contact
© Purpose Group 2021

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