Pride Park continues to be a popular choice for office occupiers and that is apparent in a recent deal concluded by FHP Property Consultants.
Edward Lloyd House which is situated on Pinnacle Way, Pride Park has been let to Alten Group, a multinational technology consulting and engineering company.
Edward Lloyd House is a detached office building extending to approximately 9,700ft². The self-contained office premises benefits from open plan accommodation and good on-site parking facilities.
The office has been let on new lease terms for a period of 8 years at a rent which breaks back to £16.50ft².
Darran Severn of FHP Property Consultants says: “I am delighted to have let Edward Lloyd House to Alten Group. This is an excellent building being one of the most recent offices built on Pride Park and the property offers excellent headquarters accommodation.
“As a result we have achieved a rent of £16.50ft² which is an excellent result for our client. There are currently few sizeable detached offices available on Pride Park particularly in the 7,500ft² to 15,000ft² bracket and we may start to see businesses looking further afield at some of Derby’s high profile multi let office buildings such as Cardinal Square and Pentagon House.”
