Business services provider Capita has become the latest firm to take space at Grange Park in Gloucestershire.
Capita has taken on a five-year lease for 8,600 sq ft on the first floor of the centrepiece office building on the 14-acre parkland project in Bishop’s Cleeve - once the former HQ of Zurich Insurance.
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Capita joins insurance business Polo Works and flexible workspace provider Regus in agreeing lettings deals at the 185,000 sq ft site, which is currently seeing multi-million pound improvements.
Ian Wills, at joint agent JLL, said: “The Capita deal shows how business confidence is improving. Ƶ office occupancy levels are increasing quarter-on-quarter and employers have the confidence to commit to space.”
Plans for the second phase are underway and include a further 25,000 sq ft of office space, new shower and changing facilities, and additional Electric Vehicle charging points.
Agents marketing The Grange said more office space had been let at the business park in the past 12 months than in Cheltenham town centre.
Richard Crabb, at joint agent THP, said: “Grange Park has always been a great site with modern accommodation within extensive grounds. The redevelopment demonstrates a real commitment to the future and the market is responding.”
