Cheltenham’s newest office building secures first tenant

The Quadrangle, Cheltenham

With work almost complete on the refurbishment of the Quadrangle, one of Cheltenham’s landmark buildings, iPipeline has been announced as the first new office tenant.

The award-winning digitalservices provider to the financial services market will take 8,805 sq ft of premium office space on the second floor. Construction is due to be completed later this month with iPipeline set to take up its lease in May, moving more than 80 staff from Montpellier House to its modern new home.

A large proportion of the team is made up of technical roles, alongside Sales and Account Management, Product Management, Customer Services, Marketing, Finance and HR. When considering the move, location was paramount for iPipeline as many of the team either walk or cycle to work.

Helen Jones, HR Director at iPipeline, said: “We’re a growing business and recognised that we’d soon need more space.

“As well as the additional space, we were impressed by the facilities offered at the Quadrangle and wanted the team to benefit from these. The offices will give a great first impression to employees, customers and visitors alike and we are looking forward to using Imperial Square Gardens as an additional meeting room.”

Alongside onsite parking, secure bike storage area, lockers and shower facilities, all office space is air conditioned with full height double glazed windows offering solar protection. The dedicated entrance lobby will include a staffed reception.

“The team is continuing to work at home currently, but once we’re able to, we’ll move into our new home,” added Helen Jones. “We are all looking forward to the opportunity to get together again and see each other face-to-face rather than through a screen but we will look to evolve our culture further to embrace a hybrid model. This will mean people can make the right decisions on when they need to be in the office to collaborate and innovate with colleagues and when their time is better spent focusing at home.”

“We’ll have the space for people to feel safe and the measures in place to continue to be Covid secure. Everyone is looking forward to the move and recognise that we’re fortunate to now be able to offer such a great office environment to be in.”

Tim Smith, Partner at John Ryde Commercial, said: “It’s brilliant to be able to welcome iPipeline as the first new office tenant at the Quadrangle. With Savills now in their new location, the addition of iPipeline as tenants is an indication of the Quadrangle’s appeal as a modern office location.”

“The project is not far off completion now and we’ve been buoyed by the interest in the office space, particularly given the challenges of the last 12 months as the way we work has changed dramatically. The return to the office is obviously a little way off but once iPipeline are able to move in, I’m sure they’ll reap all the benefits the Quadrangle has to offer.”

Three further floors of office space are still available. Discussions with two potential new office tenants are currently taking place about how the space could be used.

Terms have also been agreed for a prospective tenant of the rooftop restaurant. Of the remaining ground floor retail units, one is currently under offer with interest in the other two.