Major 175,000 sq ft city centre office refurbishment completes
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The £3m redevelopment of 175,000 sq ft East West on Maid Marian Way in Nottingham has completed.
Formerly known as City Gate, East West was bought by CEG in 2018. CEG then snapped up the adjacent Toll House Public House in order to transform the entrance experience into the offices. This has now been integrated within the development and provides a café offering a variety of spaces to eat, meet, drink and work with access to WiFi and plug in points.
Two office suites have been fully refurbished and launched to market, offering 6,500 sq ft and 5,300 sq ft of space.
This first phase of redevelopment also includes new reception area to the east building, with a café and space to work, east, drink, meet and collaborate.
Improvements to the glazing, lighting, heating and ventilation have “significantly” boosted the energy rating. A cycle spa, fitness space, showers, drying room and lockers are also included.
Olivia Hughes, investment manager at CEG, said: “We have given East West a fabulous new look, delivering a flexible and contemporary working environment with a wide variety of new on-site amenities. The building has been revitalised, responding to businesses wanting healthy, sustainable and productive space that will help to attract and retain the best talent.
“Although the buildings are almost fully let, we do have two refurbished office suites available ready for a client’s bespoke fit out to ensure that the space fully meets their aspirations.”
East West is home to Nottingham Trent University, Arup, JLL, Experian, Domestic & General, Scape Group and RSM.
CEG has appointed the Nottingham offices of M1 Agency and FHP Property Consultants to market the building.
James Keeton at M1 Agency said: “Real praise should go to CEG for delivering this speculative office refurbishment against the backdrop of Covid-19. The results are stunning and it has transformed the occupier offer at East West, Nottingham.
“Our experience is showing us that occupiers are increasingly demanding more from their office space and to combine high quality flexible office space with greater levels of amenity provision, break out & collaboration areas and enhanced on-site facilities. East West now really delivers on all these fronts and we encourage potential occupiers to come and experience it for themselves”.
John Proctor of FHP, who acted for CEG on the acquisition of the building in 2018, added: “We have been working with CEG for a number of years and have admired how they have transformed buildings in a number of locations throughout the UK. We identified “City Gate” as an opportunity which would be ideal for CEG’s approach.
“To now see the first phase of works being delivered is fantastic. They will undoubtedly reap the rewards from their investment as the pandemic has led all office occupiers to rethink how they want to work in the future. The benefit of such an impactful entrance and facilities such as the business lounge and café, together with offices which are of the highest quality achieves those objectives. When possible, we look forward to inviting the business community to see the development for themselves.”