Sitel Signs Up To Office Space At Redeveloped Coventry Site

Sitel has agreed a deal to pre-let refurbished office space at Coventry’s Earlsdon Park from Clearbell Capital and asset manager XLB, represented by Bromwich Hardy and Savills.

The global outsourcing and telemarketing company has secured a new 10 year lease for 23,000 sq ft of office space at the former technical college, which is currently being comprehensively refurbished ahead of its proposed completion date this month.

The scheme at Earlsdon Park will have a variety of uses and was acquired from receivership by Clearbell last year.

Included in the project is 100,000 sq ft of office space along with a separate self-contained construction which will be let to the Department for Education.

The scheme will also feature 8,000 sq ft of available retail space, a multi-storey car park, a 100 bedroom Premier Inn and space to develop at the rear of the site.

Clearbell’s Asset Management Director, Dominic Moore, said that the city of Coventry is currently enjoying great momentum with regard to occupational demand and inward investment.

Mr Moore added that this is shown by Sitel’s commitment to the 23,000 sq ft pre-let at the Earlsdon Park site and that the firm is delighted to be have Sitel as on board.

Savills Associate Director, Jonathan Ottewell, said that an additional 10,000 sq ft of vacant office space at the Earlsdon site will also benefit from the full redevelopment including new windows and Wcs, improved lighting, raised floors and new heating and cooling systems.

Bromwich Hardy’s Tom Bromwich commented that Clearbell’s investment demonstrated that if the product is right in the market then high quality occupiers will be attracted to it.

He added that the full redevelopment will be finished before the end of 2016 and they are hoping that the remaining available accommodation will generate the same positive interest that the first floor has enjoyed.


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BDC 317 : Jun 2024