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UBC moves into Bromsgrove
Continuing it rapid expansion across the UK, United Business Centres plc (UBC) has announced a deal with West Bromwich-based property investment company REI to set up a new business centre at Bruntsford Gate Business Park in Bromsgrove. The serviced office centre will be set up in Avon House, occupying 7,223sq ft on the second floor of the building. Refurbishment is underway and UBC Bromsgrove is expected to be open for business within a few weeks.
The new centre will take the total in the UBC network to 22, with a strong presence in the Midlands area, including Solihul, Worcester, Stafford and Coventry. UBC Managing Director Philip Grace commented: “The new centre in Bromsgrove fortifies our Midlands coverage. We are committed to developing our portfolio in the region, which we have identified as a hot-bed of business growth. The new Bromsgrove centre further demonstrates our commitment to this area.”
Paul Warder, Asset Manager for REI, added: “The serviced office sector represents a significant opportunity for growth at a challenging time for the commercial property market. This deal with UBC gives us a foothold in the sector whilst maximising occupancy at one of our prime locations.”
Avon House consists of approximately 26,000 sq. ft. of high quality offices which have been newly refurbished, within minutes of the Midlands motorway network and easy access into Birmingham City Centre and the International Airport. The property is currently part-let to Yell.com, with negotiations close to finalising for the remaining floor space.