Rail company agrees major letting at Birmingham office building

RAIL company Virgin Trains has taken a new 10-year lease on a large office space in Birmingham.

Acting on behalf of landlord Ardstone Capital, Bilfinger GVA – joint agents on Victoria Square House – has let 12,417 sq ft of floorspace to West Coast Trains Ltd, which is the trading name for Virgin Trains.

The accommodation is spread across the ground and first floor of the building and the deal means Victoria Square House is now fully let.

Quoting rents at Victoria Square House are from £22.50 per sq ft.

Michael Cecil, of Ardstone Capital, said: “We are delighted that West Coast Trains has chosen to relocate to Victoria Square House and that we will be adding another high profile occupier to the strong tenant list in situ. Having undertaken a number of improvements to the building over the last 12 months it is pleasing to have it fully let.”

George Jennings, at Bilfinger GVA, added: “The location of Victoria Square House on one of the city’s most historic public squares and close to the city’s booming business district has always been a significant draw for occupiers seeking high quality office space.  

“The building has been further enhanced by its close proximity to the recently refurbished New Street Station, as demonstrated by this letting of the remaining space in the property to West Coast Trains.”

Mike Bones, of Virgin Trains said the location of the building close to New Street was a key factor in its decision to move there.

Other occupiers at Victoria Square House include law firms DLA Piper, Browne Jacobson, Consumer for Water, Gambling Commission, and Aecom.  

Bilfinger GVA are joint agents on the building with JLL. Travel Point Trading acted for West Coast Trains.

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