Flex office space provider secures first London site

Flex office space provider Cubo has announced its expansion into London.

The Derby-based firm has acquired prime office space at Soho Estates’ prestigious Ilona Rose House.

The company, which was founded by Marc and Rebecca Brough, began its search for a London site in July to meet increasing demand from existing members keen to deal with a single office provider across multiple cities.

It has now secured the entire 18,819 sq ft second floor of Ilona Rose House, the site of the former Foyles Bookshop, in Charing Cross Road.

Ilona Rose House is regarded as one of the most iconic and attractive office buildings in central London and is strategically located just 100 metres from Tottenham Court Road Station.

The 300,000 sq ft scheme, which is Soho Estates’ largest mixed-use development to date, was completed in 2021 and features 150,000 sq ft of office space.

It also includes a public courtyard with 15,000 sq ft dedicated to restaurants and bar space and planted external terraces for each office occupier.

The building is already home to Warner Bros De Lane Lea’s post-production facility, Dawn Capital, Skyscanner, and Planet Payment, as well as Soho Estates.

Cubo was advised by Russell Rigby, of Rigby & Co, with Gerald Eve acting as the letting agent for Ilona Rose House.

Marc Brough, chief executive at Cubo, said: “During the time we have been expanding our UK locations, we have continually been pressed to clarify when we will be opening one of our award-winning sites in London.

“We have been waiting for the perfect building in the perfect location, and we are 100% satisfied and excited to have identified Ilona Rose House, just off Soho Square.

“This is a superb building with brilliant amenities that existing and new members will view as very much the best in class.”

This recent acquisition of Ilona Rose House forms part of the company’s strategic growth plans, bringing the total number of Cubo sites across the UK to 13 (which includes two in Derby).