Ikanos Consulting, an industry leading IT solutions provider, has chosen The Point in West Bridgford as its first permanent office location in the UK in a deal secured by Innes England.
Acting for Bournston Developments, the Midlands property agent has let a second floor office suite of 1,464 sq ft to the IT solutions provider on a five year lease. This is the third letting at The Point by Innes England in the last six months.
This is the first office that Ikanos Consulting has established after it was set up by owner James Woodall four years ago. The company, which counts mobile phone giant Motorola amongst its clients, was previously run from James’ home and due to enormous growth over the last year, James has now chosen The Point to accommodate its continuing expansion.
James says: “I set the company up four years ago and never dreamt it would grow so quickly. Initially there was just myself, I then employed three other consultants. Since August last year, things have just exploded and there are now around 11 of us in total. I moved to Nottingham from Brighton last year, and have been living in West Bridgford ever since. I decided to look for an office because I felt we needed a permanent base.
“The Point was ideal as it wasn’t far from my home and it is a really striking building which makes a real impression as soon as you see it, which is exactly the image we want to create to clients and potential clients. At this point we only have one UK-based client, so this move will also be a great opportunity for us to target some more local companies too.”
Craig Straw of Innes England, who acted on behalf of Bournston Ltd, said: “We are pleased to welcome Ikanos to The Point. As its first permanent office location, it is not only centrally located with good transport links, but it is also a striking building which really fits with the contemporary feel and image of the Ikanos brand.”
This is the third unit that Innes England has let at The Point, following on from the letting to The Stroke Association earlier this year and to local distribution company Scotts in December.
The Point, situated close to Trent Bridge cricket ground, is a Grade A office development with suites of up to 16,674 sq ft available. FHP is joint agent on the scheme.
Acting on behalf of the landlord, Adam Youatt, real estate partner in the Nottingham office of law firm Gateley, said: “We have worked with our client Bournston to ensure the commercial leases have been drafted in a tenant-friendly way.
“In addition to the prime location and competitive rents, this is a key incentive in making this office location so appealing for businesses. Given the backdrop of a challenging economic environment, it is more important than ever for us to be able to help complete contracts quickly and efficiently. We’ve enjoyed working with Bournston on a number of deals for the Point in West Bridgford and wish them every success in turning it into a thriving business location.”
Paul Kilmister of Bournston said: “I was very impressed with speed of the deal from all sides. I have also been amazed at the quality of the fit out that Ikanos has undertaken. They are another great addition to The Point and I think it is the ideal office location for a communications firm to operate out of.”
