A £1million refurbishment of an office scheme in Worcester is set to deliver much needed new Grade A office space and a rare headquarters opportunity for the city and its occupiers.
When complete in December 2019, Acorn House on Bridgewater Road, will offer circa 16,000 sq ft of modern, open-plan office space designed to create a first-class working environment, appealing to forward-thinking occupiers with a focus on employee wellbeing.
With vacancy rates currently at a five-year low in Worcester, Andy Riach from the Birmingham offices of property agents JLL said demand has already been strong for the building, with numerous occupiers already interested in the space.
“This is a unique stand-alone HQ office opportunity, ideal for modern occupiers in Worcester, with excellent connectivity, close to junction 6 of the M5.
“The £1m refurbishment will not only provide a high-quality working environment but will lead to greater efficiencies with LED lighting throughout and an innovative new VRF heat source pump system dramatically enhancing the sustainability of the building and reducing running costs.”
Andrew Duckett from JLL Fund Advisory, who recommended a refurbishment of the building to the owners following a lease surrender with Npower added:
“The refurbishment recognises the demand for offices which create a point of difference for companies as they look to retain and attract talent in Worcestershire’s fiercely competitive jobs market.
“The light, airy floorplates offer room for flexible, agile working and the opportunity for an occupier to stamp their mark on the building.”
Acorn House also offers cycle storage, shower facilities and landscaped outdoor areas to enable employees to benefit from green spaces and a more productive working life.
New air conditioning, toilets and an impressive fully glazed entrance and reception area, lift the quality of the building and communal areas, creating a sense of arrival befitting a HQ building of this quality.
JLL’s Building Consultancy team is carrying out the landlord’s refurbishment works, which will be completed before Christmas.
Acorn House offers 64 car park spaces and is only two miles from the Worcester city centre, sitting adjacent to occupiers NPower and Aspire Academy.
Harris Lamb is JLL’s joint agent.