First Office Tenant Bibby Financial Services Moves Into Hastings’ New Priory Quarter

Posted on January 14, 2009

Bibby Financial Services has taken a lease from Coastal Land LLP, a joint venture between economic development company Sea Space and The Land Group. This is for the 8,186 sq ft third floor of the new Lacuna Place office building. The company moved into its new premises this week.

Bibby Financial Services is the largest independent invoice finance provider in the UK, specialising in a range of cash flow solutions for businesses. Its Hastings operation stands alongside its Slough and Bristol locations as the company’s three main bases in southern England, with the new Hastings offices accommodating up to 70 employees.

Bibby Financial Services joins Tesco, which has agreed a 15-year lease for a ground floor retail unit within Lacuna Place, as the first businesses to move into Priory Quarter.

Graham Plater, Regional Managing Director at Bibby Financial Services, comments: “With our business growing steadily, we recognised that we needed larger town centre premises and Lacuna Place was the obvious option.  We’re looking forward to continuing our company’s success in Hastings as well as in the rest of the UK and globally, thanks to our talented and committed workforce.”

Keith Sadler, Deputy Director at Sea Space, says: “We always believed that the quality of Lacuna Place and its town centre setting would suit a successful financial services company. We’re looking forward to seeing the employees and customers of Bibby Financial Services – along with Tesco’s – bring a new buzz to the Priory Quarter district.”

Further office space remains available at Lacuna Place in units between 5,931 and 23,212 sq ft, plus a 3,143 sq ft café/restaurant unit with outdoor seating. A large adjoining office development, One Priory Square, is under construction which will provide a further 46,000 sq ft by spring 2009.

Further letting details can be obtained from the joint agents DTZ (tel: 020 7408 1161), Cluttons (01273 738383) and Dyer Commercial (01424 423 626).

For more media information and images, please contact Tariq Khwaja at TK Associates (www.tk-associates.com) on 01932 224 212 or tariq.khwaja@tk-associates.com.