COMMERCIAL PROPERTY FIRM HAS STRUCK UP A HAT-TRICK OF OFFICE DEALS
A leading commercial property firm has stuck up a hat-trick of office deals – providing further evidence of a return of confidence to the regional market.
Bromwich Hardy, based in Coventry, has chalked up two lettings and a sale, including the uptake of both rural and town centre office space.
The firm has successfully secured the freehold sale of Charles Court a 3,266 sq ft property located on Budbrooke Road to the west of Warwick town centre.
The three-storey building has been acquired by On-Centre Surveys, which provides topographic and building surveys across the UK and Europe.
Established in 1971, the firm employs around 20 UK staff and has relocated its headquarters from Leamington.
Digital marketing firm, Market Location has taken out a 10-year lease on a major office suite at Rossmore House on the popular Newbold Terrace in Leamington.
The 3,440 sq ft property adjoins the new justice centre and will host around 12 staff.
Bromwich Hardy has also attracted inward investors to a converted agricultural building situated near Henley-in-Arden in Warwickshire.
OCSL, which provides IT solutions, has relocated to The Old Grain Dryer at Newhouse Farm Business Centre – open plan office space of 1, 512 sq ft.
The company has secured the property on a six year lease and has relocated its regional office from Birmingham. OSCL also has two additional offices premises based in London and Sussex.
Tom Bromwich, of Bromwich Hardy, said: “These three deals cover a real cross-section and reflect the fact that the market is undoubtedly picking up momentum.
“They include a town centre letting and sale and also the leasing of a rural based office, so they are a complete range.
“There is a great deal of talk that recovery is being driven by manufacturing, but this also proved that service industries are also thriving and expanding.
“It is key for any area to be able to attract investment from both in and outside its area and we have been able to do that with all three of these deals.”
01 November 2013