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10/01/2019

B38 Leases Mixed-Use Office Space In Wakefield

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UK property support services company, B38 Group, is moving to new premises in Wakefield after signing a five-year lease.

The group will move from Denby Dale Road to the new Merchant Gate mixed-use development in the heart of the city.

Merchant Gate includes Grade A office buildings, prime retail and leisure facilities, 66 residential flats, a new public square, along with a 1,500-space multi-storey car park and a new college for performing arts, which is due to be on site early this year.

Landlords, The English Cities Fund, are renting No.2 Burgage Square out to B38 Group.

The English Cities Fund is a joint venture partnership between Muse Developments, Legal & General and Homes England.

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This new lease means the office development at Merchant Gate is now full.

Sam Jamieson of Knight Frank in Leeds, who advised the landlords, commented: "B38 Group has taken the opportunity to move to the very best new office buildings in Wakefield. Rents are competitive with first-class facilities. The offices are close to Wakefield Westgate Station, on the main Leeds-London line, while prime retail facilities at Merchant Gate will make the development ideal for leisure as well as working."

Richard Phillips, Co-Founder of B38 Group, commented: "Alongside an increased amount of self-delivery of services, the last six months have seen the business grow in line with both target and aspiration. We see the move into central Wakefield as an obvious next step to attract more talent who find accessing central Wakefield by train to be advantageous.

"We are certainly on a heavy recruitment drive at the moment and we are seeking to employ local people for a wide range of new and exciting roles."

He added: "Operating in the hard and soft facilities services fields, B38 Group supply a range of managed facilities and property services to a unique and global client base across the retail, manufacturing and logistics, corporate, education and healthcare sectors."

(CM/MH)

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