Leading property advisor Bilfinger GVA has secured the final deal to ensure the full letting of Victoria Square House.
Acting on behalf of landlord Ardstone Capital, Bilfinger GVA – joint agents on the building with JLL – have let 12,417 sq ft over the ground and first floor on a 10 year lease to national rail company, West Coast Trains Limited the trading name for Virgin Trains, which operates services on the West Coast Mainline.
Quoting rents at Victoria Square House are from £22.50 per sq ft.
Michael Cecil at 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.”
In its prime location situated between two of Birmingham’s key railways stations and just a few minutes’ walk from the city’s historic Colmore Business District, the 160,000 sq ft Victoria Square House occupies a prime position overlooking one of Birmingham’s most impressive civic spaces.
George Jennings, at Bilfinger GVA said: “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: “With its excellent location, Victoria Square House was the ideal location for us, placing us right at the heart of the city and just a five minute walk from New Street Station, the busiest commuter hub outside of London.”
Victoria Square House occupiers benefit from extensive parking at a ratio of 1:1,250 sq ft and cycling provision located in the basement of the building.
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.
