GVA appointed to service Jewellery Quarter’s latest gem

REAL estate adviser GVA’s Midlands office has been appointed to provide a range of services to the redeveloped former Assay Office building in Birmingham city centre.

The firm’s Property Management Consultancy team has been appointed by developer TCN UK to provide service charge and management regime for the building, rebranded as Assay Studios.

Situated on the corner of Newhall Street and Charlotte Street, Assay Studios provides a range of creative workspaces for businesses over basement, ground and three upper floors.  

GVA will put in place a management programme for the building  with the intention to ensure that occupiers – from start-up businesses to established smaller companies – receive the best experience in their occupancy.   

Guy Thompson, Senior Director, GVA, said: “The Assay Studios has an incredible history and is a beautiful and unique place from which to work.  As a developer, TCN’s approach is very much that Assay Studios is not your average office space.

“We’ve worked closely with them throughout this process to ensure that we can deliver a programme for the building that integrates seamlessly with their positioning of the Assay Studios as a forward-thinking development that encourages collaboration and knowledge sharing.”

Designed to capitalise on its high ceilings and exposed brickwork, the Assay Studios features a number of open communal spaces and meeting rooms set around the office suites.

TCN UK purchased the Grade II listed Assay Office in 2014 and invested £4m in the regeneration to create 30,000 sq ft of creative office space, aimed at Birmingham’s burgeoning tech and media industry.

Andrew Lambert, of TCN, said: “Having worked with the PMC team at GVA previously on a corporate accounts basis, I was confident that they have the right level of expertise to bring to bear on this project.

“The Assay Studios is a distinctive opportunity for occupiers seeking highly collaborative workspace and it needs an equally unique management approach in place.”

Home to the Birmingham Assay Office since its establishment in 1878, the building was brought to the market in 2013 following the relocation of the assay service to a new purpose-built centre on Icknield Street.

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