Leonard Street Market – Case Study

How a central-London church turned into a vibrant food market Project: Leonard Street Market Date Commenced: December 2019 Client: Aitch Group Location: St Michaels Church Yard, Shoreditch, London, United Kingdom In the bustling heart of Shoreditch, St Michael’s Church is located between the bars and the start-ups offices. Because of the church’s historical and monumental value we decided that […]

How a central-London church turned into a vibrant food market

  • Project: Leonard Street Market
  • Date Commenced: December 2019
  • Client: Aitch Group
  • Location: St Michaels Church Yard, Shoreditch, London, United Kingdom

In the bustling heart of Shoreditch, St Michael’s Church is located between the bars and the start-ups offices. Because of the church’s historical and monumental value we decided that the best way to secure it would be via an electronic security system. We also used the ‘yard’ in a creative way to generate additional revenue for the owners, creating a food market with various food trucks now housed in the outdoor area offer an enticing lunch location with their colorful kitchens and delicious scents.

Background

We were approached by Aitch Group, the owner of this Grade II listed church, to offer a solution to reduce their security risk and create extra revenue to help pay towards the site’s upkeep. Before Aitch Group bought the property the church site was used as a reclamation yard and show site for the buying and selling of interesting antiques, statues, old fire places etc.

Before we could start installing a temporary security solution we first needed to clear the site and make sure it was safe. The Aitch Group hopes to develop the church, but the monumental value and building restrictions make this a challenging task. That’s why The Aitch Group approached us to not only secure the site, but to also come up with a creative solution for driving revenue whilst adding value to the surrounding neighborhood.

Our solution

The church site is in the middle of the East End of London and is considered to be ‘high risk, which usually requires a high-cost, 24/7 man guard on site – which is an expensive solution. Due to the area’s high risk status, and the historical and monumental value of the property, we were unable to protect the church with our live-in guardian services. We therefore successfully secured the church using an electronic security system and then contacted Hackney Council Market Trading Team to setup an outdoor food market in the yard.

The council was so excited about our plans, recognising the benefits and regeneration value that we would be bringing to local area, that they fully supported our startup initiative and even offered our traders a 50% discount on their daily trading licence.

Our biggest challenge was in finding market vendors, as this was both our first UK-based market project and the timing wasn’t great; we started looking for vendors just before Christmas, when most vendors had already signed contracts with other markets. However, when the word started spreading across the local area there was a real surge in interest and within a couple of weeks the whole yard was filled with food trucks and enthusiastic locals – we even had to create a waiting list for new vendors applications.

 

 

VPS Guardians launches Young Startup for affordable and flexible work spaces

VPS Guardians, specialist in vacant property management, has launched its new website YoungStartup.co.uk about affordable and flexible work spaces for start-ups.

VPS Guardians, specialist in vacant property management, today launches its new website YoungStartup.co.uk offering affordable and flexible work spaces for start-ups.

Affordable workspaces for start-ups
Young Startup is an initiative of VPS Guardians, an international organization based in London, that is specialized in tailored solutions in the field of managing vacant real estate. YoungStartup.co.uk is fully designed for (starting) entrepreneurs of all shapes and sizes who are looking for an affordable workspace that suits their needs. The website contains an overview of the available workspaces of the VPS Guardians organisation. In addition, the website shares inspiring stories from start-ups, entrepreneur tips, and special vacant property projects.

A socially responsible alternative to vacancy
“We hope to appeal to a wide group of start-ups in the UK”, says James Freeman, Managing Director at VPS Guardians. “But we also reach out to property owners. We will show you that there are many positive and socially responsible alternatives to vacancy. Using vacant real estate on a temporary basis as a workspace for start-ups has many advantages. The property remains vibrant, it doesn’t deteriorate and all this benefits the rental and sale possibilities. For starting entrepreneurs, it is difficult to find an affordable workspace. These people are often very flexible and happy with a temporarily workspace in, for example, a former garage, a school or an old office building. That’s why short-term use of a vacant workspace is often a win-win situation.”

Register for free
Start-ups who are looking for an affordable office space can register for free at YoungStartup.co.uk. Property owners who are looking for a representative, temporarily solution for their vacant property can contact the Young Startup team by email youngstartup@vpsgroup.com or telephone 020 8236 7688.

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