Pictured: (l-r) Mike Latham, Regional Managing Director,
Jelf; and Justin Parker, Managing Director, A&J
Mucklow
Jelf Clarke Roxburgh has signed a deal on 13,187 sq ft (1,225 sq
m) of office space at Mucklow's Apex Park in Worcester.
Set across 8.5 acres and located at Junction 6 of the M5
Motorway, the first phase of development at Apex Park currently
comprises a total of four buildings, with phase two benefitting
from outline planning consent for the design and build of up to
155,000 sq ft of additional office space.
Jelf Clarke Roxburgh, which provides businesses and individuals
with advice on insurance, employee benefits, healthcare and
financial planning, is taking the whole of Apex 1, a self-contained
office building with 50 car parking spaces, on a 15 year lease with
no break.
Mike Latham, Regional Managing Director, Jelf Insurance Brokers,
said: "We felt that now was the right time to take additional space
within larger premises to accommodate our growth and development
plans. We have invested in a number of properties across our office
network and Apex Park was the perfect choice for our Midlands
operation.
"The new high quality, purpose-built premises will provide an
ideal working environment for our employees. The nearby amenities
as well as the accessibility to the motorway and local public
transport services will be convenient to both clients and staff
alike."
Current tenants at Apex Park include Nexus Housing Association,
NDC Consultants and Ludlow Thompson, with GVA and Harris Lamb
acting as joint agents on the scheme.
Justin Parker, Managing Director, Mucklow, said: "Apex Park
represents an outstanding opportunity for businesses looking for an
office location that is perfectly situated, with excellent access
to the UK's national motorway network, as well as being less than
three miles from Worcester city centre.
"The last few months have been reasonably slow for the regional
market, so it is exceptionally pleasing to see the completion of
deals such as this, which represents both a significant transaction
in its own right and the largest letting of new office space along
this section of the M5 corridor this year."
Buildings from 10,000 sq ft and up to 150,000 sq ft can be
offered on a pre-let basis as part of the highly prominent Phase 2
of the development.