Market leading Software-as-a-Service company, Cypad has acquired the entire fourth floor of Monarch House, Queen Charlotte Street to continue their expansion.
Cypad provides software to over 60 local authorities and commercial caterers. It is the choice for school kitchen management and data collection in more than 3,000 school kitchens UK wide and for monitoring services in over 5,000 sites worldwide. Following their success, they have moved into Monarch House, located in the heart of the Bristol city centre, close to Queens Square.
The new offices provide 2,848 sq ft, including 2 car parking spaces and a gigabit connection to the internet. Cypad has acquired the premises on a new 5-year lease at a commencing rental equating to £14.00 per sq ft.
Jonn Fredericks, MD of Cypad, said: “Relocating to Monarch House, Queen Charlotte Street has allowed our business to be at the centre of Bristol, one of the most digitally advanced cities in the UK. With the internet at the core of our business, it is important to us that we are located close to the world class infrastructure available in Bristol to support our growth plans. Monarch House also is ideally located for access to Bristol Temple Meads Train station giving us better access to public transport”.
Richard Pearce, CEO of the landlords, TCN UK, said: “We have seen our Bristol portfolio continue to benefit from growing demand for offices across the city and we are delighted to welcome Cypad to Monarch House”.
Natalie Bennett of letting agents, Hartnell Taylor Cook LLP said: “Monarch House provides good quality accommodation which has just been refurbished and is suitable for businesses looking to expand. It is conveniently located, with suitable sized floorplates and available at a competitive rent.”
Hartnell Taylor Cook LLP acted on behalf of the landlords, TCN UK and are seeking a tenant for the fifth floor which will be ready for occupation in November following the completion of the refurbishment works. The floor will provide an area of 2,900 sq ft.
