Joint agents Graves Jenkins and SHW have completed two office transactions at the prestigious newly constructed Tate offices at the entrance to the Sussex County Cricket Ground.
With over 6,500 sq ft (604m2) now leased to two occupiers, only 3,433 sq ft (319m2) remains available on the first floor.
The lettings reflect a record rent achieved for new offices in the Hove area and understandably due to the sought after location and high specification on offer.
Phil Graves from Graves Jenkins commented, “it has been a success story for the scheme from the start with 37 residential units virtually sold off plan, the public house leased to Indigo on a pre-let and now the offices. The innovative design by ECE Architects and the quality of the build by Roffey Homes has made the scheme a great success and a delight to advise on throughout the project. “
Act iii who are a computer game development studio have taken the second floor and Damira Dental on the ground floor. Each suite offers on site car parking and modern office facilities.
“We have some further interest in the remaining suite and we hope to be fully let shortly. We would still encourage inspections for anyone seeking modern accommodation away from Brighton city centre yet still located in an established commercial area, “added James Bryant from shw.
The demand for newly build offices carry a premium in today’s market with record rents being achieved in both Brighton and Hove as the older style office stock is either refurbished or redeveloped for alternative purposes.
If you are seeking high specification modern offices in Hove call Graves Jenkins on 01273 701070 or view the information on the website www.gravesjenkins.com
Register your residential property requirements and we will contact you when matching properties are available.