Leading independent healthcare group Alliance Health Group has expanded for the second time in 12 months, taking on extra space within 54 Hagley Road, Edgbaston.
The expansion sees the group now occupying the entire tenth and eleventh floors of the Grade A office complex, after it agreed a new five-year lease for an extra 2,223 sq ft of space in the east wing.
Ann Copsey, CEO of Alliance Health Group, said: “Alliance Health Group is experiencing an exceptional period of growth, and we were delighted to be able to expand the business further at 54 Hagley Road.”
The company’s expansion comes at the same time as private pension provider Smiths Pensions has further committed to 54 Hagley Road by renewing its tenancy for 1,470 sq ft on the 13th floor at £18 per sq ft.
George Jennings, of GVA, joint agent for 54 Hagley Road, said: “Alliance Health Group’s expansion is great news for Edgbaston’s office market and it is great to see another company keen to remain here. It speaks volumes for the package the building offers.
“Occupiers are becoming increasingly savvy when it comes to relocating and are attracted to the area because the city centre is a stone’s throw away, it benefits from excellent transport links and is surrounded by high-end restaurants, cafes and bars. The heart of Egdbaston is officially back!
“At £18 per sq ft, 54 Hagley Road represents value for money when compared to rival locations such as Colmore Row and Snow Hill, which are seeing rents in excess of £30 per sq ft.”
54 Hagley Road has recently undergone a £100,000 refurbishment, which included the reconfiguration of the Caffe Kix coffee shop and an upgraded reception area.
