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Skillbond,
advised by Duncan & Bailey-Kennedy and Savills, has let the
second and third floors of Artisan in High Wycombe to IFS UK.
IFS UK is the
UK operation of IFS, a business application software provider, headquartered
in Sweden. This letting marks a very significant expansion for the
company, which has taken 33,784 sq.ft. (3,139 sq.m) on a 10-year
lease at a rent of £15.00 per sq.ft. (£161.00 per sq.m),
equating to £506,000 per annum. The space totals 45% of the
building and leaves 42,117 sq.ft. (3,912 sq.m) to let on the ground
and first floors.
Skillbond has
recently invested over £2m in refurbishing the building to
significantly upgrade the office space, improve external landscaping
and create an on site restaurant.
Nick Sargent
of Skillbond comments: “We are very pleased to have secured
a successful and expanding company such as IFS as a tenant. The
letting justifies the substantial investment we have made to ensure
Artisan provides modern office space with significant on site amenities
for our tenants”.
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