The Building

Butler's Wharf was a former riverside warehouse dating from the late 19th century, within the complex of streets and buildings immediately south and east of Tower Bridge. In the early 1970's many of the buildings in that area had been cheaply purchased by property speculators with a view to re-development. In London at that time, many housing associations and co-operatives were being formed to negotiate cheap rents for derelict properties in the interim period before demolition or re-development took place. The rent for the 3,000 square foot space situated on the first floor, complete with a riverside view, was £200 per quarter, which we split eight ways.