10 September 2012
Bede House welcomes London & Country Mortgages
BNP Paribas Real Estate, the leading property adviser, acting on behalf of Commercial Estates Group has let 3,500 sq ft of office space to London & Country Mortgages at Bede House, located within All Saints Business Centre, Newcastle.
As the UK's largest no-fee mortgage broker, London & Country Mortgages’ new cost effective space will allow the company to be based in a Quayside location close to the heart of the city.
Patrick Bunton, Operations and Compliance Director of London & Country Mortgages said: “After a lot of research on a potential office opening in the North East, we are very excited about opening our new office in Bede House, Newcastle and the ongoing opportunities we see in the region.”
Bede House comprises 3,512 sq m (37,806 sq ft) of high quality refurbished office space set on four floors. The flexible open floor plate allows occupiers to choose from a variety of configurations and to accommodate requirements from 1,500 sq ft to 19,000 sq ft.
Aidan Baker, director of Office Agency at BNP Paribas Real Estate’s Newcastle office, commented: “London & Country Mortgages decision to acquire space at Bede House proves that well refurbished secondary office accommodation remains attractive in the market, offering modern business facilities with the further benefit of excellent public transport links, at an extremely competitive rent of just £11.25 per sq ft.”
Paul Richardson of Commercial Estates Group added: “We are delighted to welcome London & Country Mortgages to be one of our tenant’s at Bede House, particularly after our ground floor occupier Turner Townsend committed to the building for a further six years just two months ago.”
BNP Paribas Real Estate is the joint agents with GVA.
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