Goold Estates, the Walsall based developer, have secured two further tenants following the recent £1.6 million refurbishment of Black Country House in Oldbury.
Prospects Services and Cygnia Technologies have taken 5,914 sq ft and 2,547 sq ft respectively on 10 year leases such that the building is now over two thirds let.
Prospects Services is a leading supplier of education, employment and training services employing over 1,400 staff across the country. The Group is one of the largest new public sector mutual companies, with all its shares allocated to managers and staff. Their portfolio includes the delivery of the largest Ofsted Early Years Inspection contract in the country, an extensive range of education consultancy and school improvement services, careers advice for young people and adults, as well as helping people find employment through the Work Programme.
Julie Moore, Head of Transition Management at Prospects Services, commented: “We are proud to have been running services in the Black Country since 1997 and this move helps us to support our wide range of contracts across the country more effectively. We intend to run key support services for the whole business such as HR, Payroll and our IT Service Desk from Black Country House. This is an ideal base for expanding our services and provides our employees with high quality, prestigious office accommodation.”
Cygnia Technologies commenced trading in 2007 and have grown from 4 to 14 staff during that period. Specialising in IT Security including full technical support their clients include: NHS, Local and Central Government, National and International Charities, Quoted and Unquoted Companies, Professionals and SME’s.
Jon Busfield, Managing Director of Cygnia Technologies, said: “Our business continues to expand having set up 5 years ago. We had a requirement to move away from “start up” premises to new quality office accommodation appropriate to the company’s position in the IT Security market place. The development provides Cygnia with the opportunity to continue to expand within the building having taken an option on a further 1,500 sq ft.”
Dominic Goold, Managing Director of Goold Estates commented: “We are delighted to have secured Prospects Services and Cygnia Technologies as our latest tenants following the refurbishment of the building. We have worked with Prospects Services on their fit out using Wakemans to Project Manage. They join Crowe Clark Whitehill, the national audit, tax and advisory firm, who recently took occupation.”
Kelvin Craddock of Jones Lang LaSalle, joint letting agent with Knight Frank added: “We are seeing a resurgence of enquires for the Black Country and Black Country House is exactly what the market demands – good quality space at competitive rents. Suites are available from 1,012 sq ft up to 5,000 sq ft with 12,000 sq ft available in total.