Commercial property consultancy, Lambert Smith Hampton has been appointed as joint agent to market Hatherley Place, Cheltenham alongside Alder King by developer Robert Hitchins Ltd as joint agent to market a new office block on the outskirts of Cheltenham Town Centre.
The new development, known as Hatherley Place, is close to GCHQ and Junction 11 of the M5 motorway.
The new building will provide contemporary, grade A office accommodation, totalling approximately 32,637 sq ft over three floors on a self-contained plot with allocated parking space for 126 cars.
Peter Musgrove, Director at Lambert Smith Hampton, said: “We are delighted to be instructed on such a prestigious and unique scheme which will offer much needed Grade A space to the Cheltenham office market. Hatherley Place focuses on offering an environment that promotes collaboration, flexibility and wellness, and its surrounding area offers a variety of opportunities to enhance the working experience.”
Simon Tothill, Property and Development Director at Robert Hitchins Ltd, added: “We are looking forward to working with Lambert Smith Hampton and Alder King on this development in Cheltenham where accommodation of this size and quality are scarce. The rarity of deliverable new-build offices so close to GCHQ and the M5 is a huge bonus and we are confident that it will attract a lot of interest from cyber, technology and other occupiers.”