| the yorkshire region
IT@SPECTRUM CHOOSES BRIDGEHEAD O
ffice technology business IT@Spectrum has chosen Bridgehead business park as the launchpad for its next phase
of growth. Work has begun on purpose-built new offices for the Hull-based
company, which has ambitions to double the size of the business, supported by the advantages and opportunities Bridgehead offers. The new 15,000 sq.ft, three-storey offices will take the total employed at Bridgehead, one of the UK’s greenest business parks, to around 600. Developed by regeneration leader Wykeland Group, Bridgehead has rapidly become a bustling business hub, strategically located by the Humber Bridge and A63/M62 corridor. Supported by the office move, IT@Spectrum Managing Director
Ken Sturdy anticipates a 25% growth in the IT@Spectrum workforce over the next three years, with half of the new recruits apprentices.
The move to the £2.75m offices, which have been designed in house by Wykeland, will also cement IT@Spectrum’s relationship with sister business The One Point, which will occupy part of the new premises. IT@Spectrum has a stake in The One Point, having replaced an outgoing shareholder in 2014.
The two businesses will join Beal Homes, bathroom retailer Victoria Plum, the John Good Group of companies, laser firm Rofin- Sinar and design-to-print graphic services company SGS International at one of the region’s most sought-after business locations. IT@Spectrum has purchased the plot and will own the building. Mr Sturdy explained: “We had a desire to own the premises and for it to be an asset for the business and Wykeland could offer that flexibility”.
EUROPARC DEVELOPMENT
by North East Lincolnshire Council and managed by ENGIE. The Innovation Centre and the Humber Seafood Institute benefit from Europarc’s prime location which is only 3 miles from Grimsby Town Centre and close to the UK’S busy ports and transport networks throughout the UK and Europe. The Innovation Centre has been established at the heart of
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the Europarc development from its conception in 1998 supporting new, fledgling and innovative businesses to establish and grow. Numerous businesses from various business sectors have passed through the doors including freight and logistics, IT consultants and software developers, financial and legal services. Current occupants have benefitted from recent
improvements to the IT network and infrastructure. Each office now has its own network cabinet with Cat5e and Cat6a standard cabling. The dedicated high speed broadband was upgraded from 100mbps to now reach speeds of up to 500mbps. The centre comprises of 54 modern office suites across two floors which are encompassed by a central reception area, friendly cafe and high quality meeting rooms. The serviced reception is wi-fi enabled and operates during normal office hours providing friendly and professional services to clients and visitors. The full range of conference and meeting room facilities are managed by reception along with other administrative support services. Just a stone’s throw away is the Innovation Centre’s sister centre, the Humber Seafood Institute, which is a state of the art, industry specific research and development facility supporting product innovation and business development in the seafood, food and agriculture sector.
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he prestigious Europarc development in Grimsby, Europe’s Food Town, is home to two flagship Business Centres, owned
REJUVENATION OF FRUIT MARKET T
he local partners driving forward the regeneration of Hull’s Fruit Market recently revealed their vision for the £80m
transformation of the city’s cultural and creative quarter. Regeneration company Wykeland Group and residential
developer Beal Homes said the rejuvenation of the Fruit Market would see £70m of privately-funded development in Hull’s most significant urban regeneration project. The two long-established Hull companies have formed a joint venture company, Wykeland Beal, to breathe new life into the Fruit Market, in partnership with Hull City Council.Wykeland Beal said its vision for the Fruit Market was:
The ambition is to create an “urban village” featuring business, arts, culture, retail and leisure uses, together with new, mews-style homes, in and among the waterside district’s warehouses and cobbled streets. The transformation will create new, independent shops, boutiques, galleries, cafes and restaurants in an area that will take centre stage during Hull’s year as UK City of Culture in 2017 and beyond. The exciting plans for the Fruit Market were revealed for the
first time today at presentations open to all the businesses in the area, with the vision illustrated by a video produced by Nova Studios, the Hull film-makers behind the “This City Belongs To Everyone” video used in Hull’s successful City of Culture bid. Dominic Gibbons, Managing Director of Wykeland, which is itself based in the Fruit Market, said: “With unprecedented investment in Hull and the City of Culture year just months away, Hull really is on the up. In fact, almost £20m of development has been completed or is under construction within the Fruit Market area. This unique and historic area of the city will become a welcoming and friendly place to live, a creative and entrepreneurial area to work and a vibrant destination to visit, for local people and tourists alike.
TEN YEAR LEASE FOR NEXT
lease to Next, the British multinational retailer, for a 10,620 sq.ft unit at Springfields Outlet Centre (Springfields) in Spalding. The asset is owned by UBS Triton Property Fund (UBS Triton or the Fund), the diversified, open-ended fund which invests in core commercial property in the UK.
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Next’s new purpose-built unit comprises 10,620 sq.ft of retail floor space including a mezzanine deck for storage purposes, making it one of the largest fashion retailers on site. The arrival of Next leaves the 170,000 sq.ft centre fully occupied, with other existing tenants including market-leading brands such as Marks & Spencer, Skechers, Gap Outlet, Costa and Radley, to name a few, drawing an average footfall of 2.6 million shoppers per annum.
NEXON’S MOVE TO NETTLEHAM
to brand new bespoke premises in Nettleham – creating room for further growth. Nexon, a family-owned firm founded half a century ago, is to move around 30 of its staff to the Deepdale Enterprise Park in Nettleham – an 8,000 sq.ft property designed and built by Lincs-based architects and property consultants LK2. The property features open plan office accommodation,
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luxury break out areas and meeting rooms. The space will not only offer additional space for training facilities for staff – but will help Nexon’s plans for further business growth – creating more jobs for the local community. This is the fourth building at Deepdale Enterprise Park designed and built by LK2. The park is set in Lincolnshire farmland and is just a minute from the Lincoln bypass.
COMMERCIAL PROPERTY MONTHLY 2016
exon Group, the rapidly expanding Lincoln-based cleaning and healthcare products business, is moving its city offices
BS Asset Management's (UBS-AM) Global Real Estate (GRE) – UK business announces the successful completion of a 10-year
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