Paul Corfield wrote:

They are to be converted for use as artists studios.
--

Ah, of course. My guess was that they were going to become a bar
(everything in Shoreditch gets turned into a bar if you turn your back
on it for five minutes). I'm extremely jealous, I'm an artist and I
can't think of a more exciting place to work in London. God knows how
much the rent'll be...
Thanks everyone for all the informed reponses!
Seb