Brayford office development full just six months after completion
Lincoln sees last tenant take place in new 
office space development.
The £2m Brayford Wharf East development sees Ingeus UK join an array of other leasers.
A waterfront office space development on Brayford Wharf East has been fully let just six months after its completion.
The final tenant to lease space in the property was Ingeus UK Limited who are the UK’s largest provider of the government backed, work training scheme.
Chartered surveyors Banks Long & Co are responsible for managing the lets of the £2m office development, The Maltings where other leasers include Wilkin Chapman LLP, RBS Bank PLC and Thompson and Richardson Insurance Brokers.
Director of Banks Long & Co, William Wall said: “The fact that 85 per cent of this 30,000 sq ft building was pre-let, and the final 4,300 sq ft completed suite let so quickly, is testament to the quality of both this location and the redesign of the building itself.
“The unrivalled position overlooking Brayford Pool was never in doubt. However, the fact that our clients pushed forward with this £2m project in such difficult market conditions, highlights both the strength of their convictions and their commitment to the Lincoln economy.”
Mr Wall added that traditionally Lincoln has lagged behind neighbouring cities like Nottingham, but has been comparatively well-insulated from the economic downturn with the retail, office and industrial sectors all maintaining strong.
He added: “The City is well-placed for growth over coming years with the continued success of The University of Lincoln, the development of a new shopping centre, the commitment of Siemens to remain in Lincoln, the completion of the A46 dualling and the allocation of central Government funds to the proposed Eastern Bypass.
“As a result, our clients have the confidence to press on with a number of exciting new projects and we will be bringing them to the market in the very near future.”