Joint Agents for Landlord Scottish Widows PLC; Hurst Warne and Vail Williams have both announced new lettings in building 4 Archipelago, Frimley, Surrey.
The ground floor (4,406 sq ft) has been let to MSC Software Limited who have come from Quattro House which is managed by Regus. MSC have taken a 5 year lease at a headline rental of £15.23 per sq ft. The first floor has been let to QWERTY Travel who have taken a larger office after moving from building 2 Archipelago. The expansion sees QWERTY take 4,474 sq ft at £15.00 per sq ft.
Matt Somers, Managing Director of QWERTY Travel confirmed how delighted he was to stay at Archipelago Business Park “Having taken 2,700 sq ft in Building 2 Archipelago in October 2010 we had no hesitation in transferring to nearly 4,500 sq ft in building 4 when we were ready to expand two years later. Archipelago provides us with great quality offices and a good level of parking. We are now established in our new office and have always been very happy with the way the estate and buildings are maintained and managed.”
The double letting totaling nearly 9,000 sq ft letting is a decent sized letting for Frimley and the Blackwater Valley in general which has seen a resurgence in office lettings in 2012 compared to 2011.
Good news continues for Archipelago where the ground floor of building 2 (2,738 sq ft) is currently under offer. There remains 12,172 sq ft over two floors in Building 1 and 7,075 sq ft Building 5.