The leading security firm has taken out a five year agreement for 1,000 sq ft of space at £9psf at 19-20 Gold Tops for its regional office.
The deal will see Securitas taking ground floor space in the important recently refurbished office buildings of Newport solicitors Everett Tomlin Lloyd & Pratt on the corner of Gold Tops and Fields Road.
Securitas Branch Manager Bob Nolan, said: “The location is ideal and there is plenty of parking for our staff who come and go throughout the day. Gold Tops, with its central location yet easy access to the motorway and rail networks is traditionally at the heart of the commercial activity in the city and ideal for our regional office.
“It fits our business needs well being central to our portfolio which is extensive within south Wales. We are pleased to have opened a branch office within the city of Newport.”
Haydn Thomas, of letting agents Hutchings & Thomas, said: “Everett ,Tomlin, Lloyd & Pratt recently invested heavily in the total refurbishment of this important, detached building in Gold Tops, the city’s commercial district. The space they don’t currently need has been upgraded to the same standard as the rest of the building. It’s this attention to detail which helped to attract Securitas to look and then take space there for its regional office.
“The office location in Gold Tops, accessibility, car parking and the complete refurbishment of the building, inside and out, to a headquarters style property added to the appeal and presented the perfect package for the new tenants.”
Mr Thomas said this latest letting was further sign that the property market in Newport city centre could be improving. Nearby Goldfields House at 18A Gold Tops, offering some 1,800 sq ft, was recently sold to a local investor for £230,000.
The former Ranstad Recruitment agency building, which has a total of eleven rooms as well as ancillary space, will now be the subject of a total refurbishment.