Rockspring secures 15,500 sq ft letting to Regus

Serviced offices group take three floors at No 1 Bell Street in Maidenhead

Article posted: 10 Apr 2011

Rockspring Property Investment Managers recently announced that it has secured Regus as a tenant at No 1 Bell Street, its recently completed £5m development of office space in Maidenhead, Berkshire.

Regus, the world’s largest serviced office provider, has taken 15,500 sq ft at the building, comprising the ground, first and second floors, on a new 12 year lease. Located in the centre of Maidenhead, close to its main train station and with easy access to the M4, it is situated in an established business location, with nearby occupiers including Cincom, Rank and Capita.

No 1 Bell Street provides 20,200 sq ft of Grade A office space arranged over four floors. Following this letting, just 4,700 sq ft remains vacant at the property, benefiting from access to the roof terrace. 

Commenting on the letting, Michael Pryer, European Director of Rockspring, said: “Against what has been an extremely challenging Thames Valley office market over the past three years, this forms one of a spate of lettings that have taken place in Maidenhead over the last two quarters which signals renewed confidence in the market for prime, good quality, well located stock.” 

Rockspring was advised by Savills and Lambert Smith Hampton, while Regus represented itself. CMS Cameron McKenna provided Rockspring with legal advice.

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Posted by Jules