Italian furniture designer acquires ‘iconic’ London building in £4.4m deal
An Italian furniture designer has purchased an ‘iconic’ Edwardian building in South London to expand its UK footprint.
Italian firm Pianca has acquired the former base of the sober order Sons of Temperance Friendly Society at 176 Blackfriars Road in a deal facilitated by South London estate agent KALMARs.
Originally built in 1910, the Grade II Listed building comprises five floors and 5,296 sq ft of office space, and was most recently refurbished in 2014.
‘Woodworking masters’ family business Pianca, which dates back 14 generations, has plans to potentially turn the office into a new London headquarters or a flagship store.
Adrian Gurney, director of the office agency department at KALMARs, commented: “176 Blackfriars Road is a striking building in a prominent position with its rich history as the former headquarters of the Sons of Temperance Friendly Society.
“The building’s original details are showcased whilst providing substantial office space of a high quality.
“This is one of the most iconic buildings along Blackfriars Road and KALMARs are proud to have been involved in its successful sale.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis