easyHotel plc announced that it has pre-let all of the self-contained office accommodation (15,500 sq. ft) at its property at its 80 Old Street, London refurbishment project to a single tenant. The offices have been pre-let on a ten-year FRI (fully repairing and insuring) lease at an annual rent of £59.50 per sq.ft with an upward only rent review at year five. There is an initial rent-free period. The new tenant, Knotel, is a global flexible office operator that currently manages over 3 million sq. ft of space across 200 locations spanning New York, San Francisco, Los Angeles, Sao Paolo, Berlin as well as London. The self-contained air-conditioned offices are on the upper floors (3rd - 5th floors) of the property and include a roof terrace. The offices have a dedicated reception area for which Knotel will pay an additional rent of £29.75 per sq. ft. The Group's newly refurbished 89-bedroom hotel (Ground 1st and 2nd floors) is due to open in June 2019.