New deal secured at Harrogate's largest office development following £4m investment
Moda Living, a developer of purpose-built rental communities, has taken nearly 4,000 sq ft at Harrogate’s largest office development. Property investment and development company, CEG, has agreed a five-year lease with Moda Living for the workspace.
Dan Brooks, director of Moda Living, commented: “As a fast-growing company, we needed space which provides an inspiring, contemporary environment. Central House provides great facilities and a fantastic productive and healthy environment for the team.”
CEG has managed a £4m investment into Central House, delivering a “striking” new reception, common areas, café and courtyard, with innovative break-out workspace offering free WiFi and plug in points. Bookable meeting room, a cycle spa, showers, drying room and lockers are also provided for the building’s 1,000+ occupants.
The largest office development in Harrogate, Central House provides 167,822 sq ft of prime workspace. More than 85 per cent of the building is already let to 13 businesses with only 24,850 sq. ft of office suites currently available.
Robert Morton, investment manager at CEG, added: “We are delighted to welcome Moda Living to the Central House business community. Our recent investment to reimagine the space has provided new facilities, as well as innovative spaces designed to encourage collaboration, where staff can eat, meet, drink and work in a modern environment.”
As a long-term investment and management company, CEG also offers an innovative approach to leasing, delivering more flexibility and providing tenant fit outs, where required, to reduce an occupier’s capital spend.
The company’s Core and Flex model allows a business to expand and contract within the space. This helps to manage uncertainty, as well as company growth, seasonal demand and the effects that social distancing will have on office requirements.
With sustainability at its heart, Central House is powered by 100 per cent renewable energy and 100 per cent of the building’s waste is diverted from landfill. As well as providing bike storage and shower facilities, CEG works closely with the building’s tenants to encourage sustainable travel to work.
Central House at Beckwith Knowle lies adjacent to Harlow Carr, the RHS gardens. It offers access to local bus routes and ample parking, EV charging and cycle parking.
CEG has one of the largest office portfolios in Harrogate, offering more than 300,000 sq ft in the out-of-town, Central House, as well as in the heart of the town centre at The Exchange on Station Parade.
By Matthew Neville – Correspondent, Bdaily
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