The company has agreed a 10-year lease on both suites on the second floor of the Lakeside 500 building, comprising 8460 sq ft (786 sqm). Lovell is set to take occupation by the end of October.
Established in Norwich for over 15 years, Lovell is moving following the continued expansion of its highly successful East Anglia business. Its workforce in the region has grown from 79 to 114 in only the past year, with more than half of employees being office-based.
Current schemes include fast-selling Firs Park, a £13.5 million, 67-home development of 57 homes for sale and 10 affordable homes in Hellesdon, Norwich. Among other major projects is £19.9 million Orchard Place, developed in partnership with the Borough Council of King’s Lynn and West Norfolk, and the recently launched 213-home, £58.6 million Heath Farm scheme in Holt.
Simon Medler, regional managing director for Lovell, says: “This is a very exciting time for Lovell in East Anglia where we are working on some of the region’s most high-profile housing projects. Our move to these impressive premises at Broadland Business Park will play an important role in the business’s continuing growth, providing our teams with increased space, modern office accommodation and a fantastic working environment, thanks to the excellent range of facilities on or near Broadland Business Park. We are looking forward to the move.”
James Allen of Roche Chartered Surveyors comments: “The second-floor suite of Lakeside 500 provides Lovell with some of the best prime office space in Norwich. It is a superb location, being in the centre of the Park and adjacent to the lake and Waterside Café. Lovell is an ideal tenant for Broadland Business Park and joins some of the area’s leading companies on the Park.
“As well as excellent facilities and accommodation, public transport links are very good and the Park benefits from its location on the A47, east of Norwich and the new Norwich Northern Distributor Road, which runs adjacent to the Park.”