Growing insurance firm snaps up more than 18,000 sq ft of workspace
Marley Risk, a firm in the insurance sector, have signed a new lease for 18,500 sq ft of office space at Grange Park, a former headquarters building near Cheltenham.
The open plan offices are being fitted out ready for Marley to relocate its operation from Evesham.
Marley Risk is the UK’s largest specialist in latent defect insurance (LDI) claims management. The firm has moved to accommodate continued growth.
THP Chartered Surveyors of Cheltenham and JLL, Bristol acted on behalf of the landlord and Noyes Lewis Commercial Property in Cheltenham acted for Marley.
Marley Risk CEO, Kevin Drain, said: “The move to Grange Park reflects our commitment to providing an enhanced workplace experience for our employees and a dynamic environment for collaboration and creativity.
“Our new office not only strengthens our ability to serve our clients more effectively but also reinforces our philosophy of excellence and continuous improvement.”
Letting agent Richard Crabb, of THP, said: “We are happy with this deal. This is one of the largest single lettings in the county in recent years and it underscores Grange Park’s growing reputation.”
Ian Wills, from joint agents JLL, added: “This letting illustrates Grange Park’s flexibility. From this most significant letting to a single desk in the Manor House, there really is nowhere else like it.”
Regus, which operates serviced office space in the Manor House, is now 72% occupied while the remaining 5,500 sq ft of phase one refurbishment of The Grange is under offer.
The space for Marley Risk is part of phase 2 which delivers nearly 30,000 sq ft of office accommodation. Almost 60,000 sq ft has been let to date.
