Occupiers sought for new 10,000 sq ft office scheme

Occupiers are being sought for over 10,000 sq ft of new office space in Leicester city centre.

The £2.3m City Council-led development has created two offices – the 5,500sqft Riverside building and the 4,900 sq ft Fabric building – in the grounds of the Friars Mill development on the banks of the River Soar.

The development of the new offices was carried out by Leicester-based Brackley Property Developments, which appointed Andrew and Ashwell as marketing agents.

The new offices represent a second phase of the redevelopment of the grade-II listed complex. The original buildings are all now fully occupied.

City Mayor Peter Soulsby said: “The transformation of Friars Mill is remarkable. In 2012, we were facing the loss of an important part of the city’s industrial heritage when the derelict Donisthorpe Factory was nearly destroyed in fire.

“The council stepped in and bought the building, pledging to restore and redevelop Friars Mill as a beacon for the wider regeneration of the Waterside and to help kickstart development on the ‘other side’ of Vaughan Way.

“These new offices are further evidence of how effective this has been. Friars Mill is at full occupancy and I am confident that these attractive new offices will be snapped up.

“I want to congratulate Brackley on a wonderful job, which has created new and much-needed modern office buildings that sit perfectly alongside some of the oldest factory buildings in the city.

“Alongside the new developments taking place on Vaughan Way, these new offices represent a very important step forward for Waterside and its future as a great place to live and a thriving area for new business.”

Stephen Pedrick-Moyle, managing director of Brackley Property Developments, said: “We were thrilled to be given the opportunity to be involved in this development and to help build on the success of Leicester City Council’s restoration and redevelopment of the historic Friars Mill complex.

“These two new buildings offer over 10,000sqft of high quality, purpose-built office accommodation in a fantastic riverside location at the heart of Leicester Waterside regeneration area.

“We’re proud to be able to report that we have already sold the Riverside building and that there is strong interest in the Fabric building.

“We’re now looking forward to continuing this success with future office development in the Waterside area.”