Office scheme fully let at Sheffield Digital Campus
An office scheme at a business park in Sheffield that is popular with the digital media industry is now fully let following the signing of new tenants.
Ventana House (pictured) at the Sheffield Digital Campus is now running at full occupancy after lettings with Sky, Michael Page and Coal Pension Trustees Services have been secured.
The 5-storey, Grade A office complex offers 50,000 sq ft of floor space. Sky, the subscription TV giant, has become the major tenant after signing for 23,571 sq ft of floor space. Kennedys, a national law firm, had previously let 17,000 sq ft of floor space in July 2010. Recruitment consultancy Michael Page has signed for 2,932 sq ft and 5,779 sq ft has been let to Coal Pension Trustees Services. Rental prices for the latest letting have not been disclosed. Kennedys agreed to a headline rental price of £20 / sq ft for their 16-year lease.
Sheffield Digital Campus has the potential to offer approximately 600,000 sq ft of office accommodation. Ventana House, originally called Building Two, is a phase 1 building constructed alongside the Electric Works complex.
The Electric Works offers flexible and serviced office accommodation ranging in size from single workstation options up to suites of 5,000 sq ft. Smaller suites are available on flexible lease arrangements while the semi-serviced, larger units are available on 3 or 5 year leases.
Demand for offices within the Sheffield Digital Campus is reported to be “higher now than ever before”. Toby Hyam, MD of Creative Space Management who mananage the Electric Works also comments: “Despite these challenging conditions, it is impressive to see businesses investing in new workspace, both to improve their competitive edge.”
Marketing agents for Sheffield Digital Campus include Knight Frank and LSH.
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