The Department for Work and Pensions will soon be setting up shop in a former Derby banking centre. The property, which is located on Sir Frank Whittle Road, was last occupied by Barclays Bank PLC but has now been let to DWP.
Hugo Beresford, of Salloway Property Consultants, is delighted to have secured the letting and sees it as a real boost to the local office market. “There has been considerable interest in the property mainly from prospective purchasers but our client has always preferred to let the building. A single 10,000 sqft office letting to a public sector tenant is a great outcome and I’m proud to have been involved”.
It is understood that the building will be repurposed by the DWP and will operate as a new Job Centre, providing working-age support services to those in need within the local area.
Beresford, who brokered the deal on behalf of private pension fund clients said “The property comprises approximately 10,400 sqft on two floors and has 50 car parking spaces. It is a prominent, well-known building in a very convenient location and I am sure it will be ideal for DWP’s purposes.”