Wrexham office market is ‘thriving’

A Director from property firm Legat Owen has said the market for office space in Wrexham is ‘thriving’.

Legat Owen point to Wrexham Technology Park, saying it is ‘rapidly filling up with new occupiers’, with Edison Court recently securing two new occupiers within the professional and consultant sectors.

Edison Court owner, MCR Properties, the same company that has recently bought the old BHS and other units on Henblas Square has let office 1 to Whittingham Riddell LLP via agents Legat Owen. 2,500 square foot has been taken on a 10 year lease by the accountancy firm.

Motor Design Limited, a world leading developer of advanced software and tools for electric machine design, has also purchased 3,500 square feet of space. With a further 11,600 square feet under offer to various other businesses – all accommodation in Edison Court is now occupied or under offer.

The double lettings follow on from the sale of Bromfield House, a detached 8,000 square foot building to Pendine Park and the sale of 2 Grosvenor Road in Wrexham Town centre to someone described as a ‘local investor’.

Praising ‘a further fillip for the town’ the recent announcement by Ken Skates, Cabinet Secretary for Economy and Infrastructure, was referenced – that the Welsh Development Bank will be based in Wrexham from early 2018.

Will Sadler, Director at Legat Owen, said: “The Wrexham office market is thriving with an influx of financial services relocating to the town and we are delighted to secure the recent lettings and sale on the Wrexham Technology Park for our clients.

“The commitment shown by Ken Skates to Wrexham has instilled renewed confidence in the North East Wales economy and we believe there is continued prospect for expanding companies and startups to do business in the region.”