Estate agency snaps up new offices
Worcestershire estate agency Nicol & Co has finally been able to acquire its chosen property to house a third Worcestershire office.
Nicol & Co has purchased the freehold of the former Court Road Bakery on Court Road, Malvern, which will be redeveloped into office space to accommodate its sales, lettings and new homes divisions.
The business, advised by GJS Dillon, first identified the premises early in 2019.
Managing director Matt Nicol said: “This has been a long drawn out process with a number of obstacles encountered along the way, not least of which has been the impact of Covid-19, but we’re delighted to see the market bouncing back and finally be able to get this deal done.”
The refurbishment works will be starting immediately with the opening scheduled for early November.
Earlier this year Nicol & Co increased its presence in Worcester with the addition of its company HQ in St Georges Square adjacent to the Barbourne Road offices.
Nicol & Co was advised by Andrew Lewis of GJS Dillon.
Lauren Allcoat of Fisher German acted for the vendors.