Clearbell Capital and asset manager XLB, represented by Savills and Bromwich Hardy, have pre-let refurbished office space at Earlsdon Park in Coventry to Sitel.

The global telemarketing and outsourcing firm has agreed a new 10-year lease for 23,000 sq ft (2,137 sq m) of first floor accommodation at the Former Technical College, which is undergoing a comprehensive speculative refurbishment due to complete in June.

The mixed-use Earlsdon Park scheme, which was acquired out of receivership by Clearbell in 2015, includes 100,000 sq ft (11,891 sq m) of office space across the Former Technical College and a separate self-contained building let to the Department for Education.  It also features 8,000 sq ft (743 sq m) of vacant retail space, a 100-bedroom Premier Inn, multi-storey car park and development land to the rear.

Dominic Moore, asset management director at Clearbell, comments: “Coventry is experiencing fantastic momentum in terms of inward investment and occupational demand.  Having Sitel commit to 23,000 sq ft on a pre-let at Earlsdon Park is testament to both the city and the scheme.  We are delighted to have them on board.”

Jonathan Ottewell, associate director at Savills, adds: “A further 3,500 sq ft and 10,000 sq ft of available office space at Earlsdon Park is also set to benefit from a full refurbishment including new heating and cooling systems, raised floors and improved lighting plus new WCs and windows.”

Tom Bromwich of Bromwich Hardy adds: “Clearbell has shown that the right product delivered into a market will attract good quality occupiers. The refurbishment will be completed before the end of the year and we are hopeful the remaining accommodation will receive as much positive interest as the first floor.”

Earlsdon Park is located within a five minute walk of Coventry’s mainline train station which provides direct and regular connections to Birmingham and London.  Parking is provided in the on-site multi-storey car park and occupiers can negotiate a flexible car parking ratio.