Banks Long & Co sells prominent HQ office building to Lincoln law firm

Pictured from left, Banks Long & Co director William Wall and Partners Haig Consumer Group (trading as Fidelis Legal Service and Simpler Law) partners Andy Townsend, Helen Claydon and Ian Peace outside Nibley House, Lincoln. Picture: Chris Vaughan Photography

This week, Banks Long & Co have sold a prominent HQ office building to Lincoln based estate planning and will writing specialists, Simpler Law.

The property, formerly owned by Allocate Software, was acquired earlier this month as part of Simpler Law’s ongoing expansion programme, which has also included the growth of its team from 15 people to now over 60 within the last couple of years.

Working on behalf of the vendor, with joint agent CBRE, the Commercial Property Agency team at Banks Long & Co ensured Simpler Law exchanged earlier this month, enabling the growth from their original 2000 sq ft premises in Pioneer Way in 2016, to the new 8000sq ft premises located on Low Moor Road, Lincoln.

Andy Townsend, Simpler Law Managing Director, who initially set up the business in 2004, said, “The business continues on its journey of rapid growth. Since 2016 our team has grown by over four times its original size. It came to a stage where we simply outgrew our surroundings. Banks Long & Co suggested that Nibley House might suit our needs, and on viewing, we could see that it gives us the space to future proof our plans for further growth as we look to recruit an additional 20 colleagues within the next 12 months to meet demand.”

“Last year alone, the business took on an additional 12,000 clients, and we plan to add a further 15,000 again this year. It’s a great success story for a Lincoln organisation, and we’re proud to be able to create local jobs and keep our roots firmly in the county with our new office.”

Will Wall, Director at Banks Long & Co, said, “It’s great to see a growing local business like Simpler Law showing such a commitment to growth. We’re sure that this prominent extensive building will enable them to build on their success to date. We’ve noted an increasing number of similar employers encouraging staff to return to the office, even on a part-time hybrid model. This has resulted in a rise in office enquiries, and we’ve therefore agreed deals for several large Lincoln offices such as Nibley House.”