Former Bath Council offices taken on pre-let

Posted on by John Cronin

A pre-let agreement has been finalised on offices formerly occupied by Bath and North East Somerset Council.

Trimbridge HouseTrimbridge House (pictured) has been let in its entirety to specialist finance company Ascentric. The firm agreed to a 10-year lease in a pre-let agreement. Rental prices have not been disclosed.

The former 1970’s council offices building offers just under 21,000 sq ft of floor space over four floors. Floor plates range from 4,723 sq ft to 5,652 sq ft.

Trimbridge House closed as council offices in October last year when the existing lease expired. Agent and works manager Lambert Smith Hampton (LSH) has since overseen a £1.2m refurbishment project that has included new windows, a new glazed frontage and a full interior refit.

Owners and landlords Henderson Global Investors were confident that their speculative investment in the refurbishment works would generate strong interest from prospective tenants. Henderson purchased the centrally located Bath offices in 1999 and the premises were last refurbished in 1993. The accommodation was marketed as being available on either a whole-building or floor-by-floor basis.

Commenting on the letting Marcus Langlands Pearse, property fund manager at Henderson UK Property Unit Trust, said: “The fact that Henderson is happy to spend substantial amounts of money on the renovation works is a feature of its belief in Bath as a commercial centre combined with the excellent location of the building. We are delighted to have let the building in its entirety to Ascentric, a quality tenant.”

The offices were formally opened by local Bath MP, Don Foster. Ascentric has relocated 160 staff from existing offices elsewhere in Bath.

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