Office News

On behalf of Derbyshire Investments, Darran Severn of FHP Property Consultants is delighted to confirm the recent letting of Technology House, 7 Mallard Way, Pride Park, Derby to Loram UK Limited.

Technology House comprises a high quality detached office building and is finished to an excellent specification including air conditioning, LED lighting and raised access floors. The accommodation provides 7,894ft² split over three floors and benefits from 56 parking spaces.

The property has been let on new lease terms for a duration of 10 years.

Darran Severn of FHP Property Consultants commented:

“This is a substantial office transaction in Derby and I am pleased the letting has now completed. Loram is a well known international name who work within the rail sector. Technology House has been taken in addition to their existing offices at RTC Business Park. We are beginning to see more occupiers return to the office and this is evident by not only this letting, but a number of other deals that are currently progressing. Pride Park is still a popular choice due to its connectivity with the City Centre and motorway links”.

Scott Bailey from Derbyshire Investments commented:

“We are extremely pleased with the new letting to Loram and shows the strength of the office market within Derby and especially Pride Park. We would also like to thank FHP and Salloways for structuring the deal and matching up Technology House with Loram’s requirements and we wish Loram all the success at their new offices”.

Salloway Property Consultants acted as joint agents.

For further information on this letting then please contact Darran Severn of FHP Property Consultants on 01332 343 222 or darran@fhp.co.uk.

ENDS

Darran Severn

9 August 2021

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