Hastings Gets Further 44,000 sq ft of Top Spec Offices With Completion of ‘One Priory Square’
Posted on June 15, 2009
One Priory Square has been completed in Hastings town centre. The seven-storey building adds a further 44,883 sq ft of Grade A offices to Hastings’ new Priory Quarter business district. It fronts Priory Square, a landscaped public space to be completed within the next month.
One Priory Square is a development by Coastal Land LLP – a joint venture between economic development company Sea Space and property specialist The Land Group. It is backed by £12M investment from Allied Irish Bank.
The building was designed by architects Proctor and Matthews and built by Carillion plc. Lettings are being handled by agents DTZ, Cluttons and Dyer Commercial.
One Priory Square has a double-height reception area, six air-conditioned floors of offices with flexible layouts and a ‘Very Good’ BREEAM sustainable building rating.
The development follows the completion of the adjoining Lacuna Place last September – 31,398 sq ft of offices over four floor plus 6,017 sq ft of ground floor retail units. Lacuna Place is now occupied by Bibby Financial Services and a Tesco Express store, with a further set of offices under offer.
One Priory Square is two minutes’ walk from Hastings rail station, University Centre Hastings, the Priory Meadow shopping centre and the £100M Sussex Coast College due to open later this year. Fronting the side of Priory Square next to the new offices is a café/restaurant unit available to let with outdoor seating.
Sea Space is moving into the first floor of One Priory Square on a temporary basis with immediate effect, to enable the company to manage the building and reception. Sea Space will vacate these premises as soon as a permanent occupier is secured.
Keith Sadler, Deputy Director at Sea Space, remarks: “Over the last year, this part of Hastings town centre has changed beyond recognition with over 75,000 sq ft of new Grade A offices now completed. While the recession bites nationwide, Priory Quarter offers companies an exceptional combination of quality and value for money and we’re encouraged by the interest being shown.”
Coastal Land last month released the findings of a study which showed that a typical 100-employee company would save over £2M a year by operating from Priory Quarter instead of London.