Moorcrofts commercial property team has advised R3Store Studios Limited on a letting at the new mixed-use 26 acre development in East London.

R3Store Studios, a division of UV&S, carefully restores and digitally preserves analogue film footage for today’s digital audience and had been operating from Poplar Business Park in London but was looking to expand into new larger and modern premises.

Moorcrofts’ commercial property partner, Julia Ferguson led the legal negotiations for R3Store Studios.

Julia, said:

“We were delighted to assist R3Store Studios with their relocation to Sugar House Island. Having worked with their parent company for several years, primarily on industrial lettings, this office lease for newly built premises was an exciting new chapter for them. Negotiating and finalising the lease just before Christmas added an extra layer of challenge, but it was immensely rewarding to secure the agreement in time for them to start the New Year in their new home.”

Dean Monahan, one of the directors of R3Store Studios, said:

“We have worked with Moorcrofts for a number of years on various transactions and have always been impressed with their quality of advice and responsiveness. Julia provided expert guidance throughout this matter, both from a legal and a commercial perspective, carefully explaining the pros and cons of particular points in a non-technical way, ensuring that we fully understood the obligations that we were signing up to and actively pushing the matter along, including working late on Christmas Eve to ensure that this was completed before the holidays began. I would be very happy to recommend Moorcrofts legal services and particularly, Julia Ferguson to anyone seeking commercial property advice.”

The deal highlights Moorcrofts’ expertise in navigating complex lease agreements under tight deadlines, ensuring clients achieve their goals even during a busy time of the year.

Moorcrofts Commercial Property Team provides legal advice to owners and occupiers of commercial property, with a particular specialism in Tenant representation as well as having extensive experience advising corporate occupiers on all aspects of leasehold acquisitions and disposals. For more information regarding Moorcrofts commercial property services, contact Julia Ferguson on: 01628 470009 or julia.ferguson@moorcrofts.com.