Hiscox Insurance has taken one of the few remaining office suites in Imperial & Whitehall at The Grand, Colmore Row.
The company has agreed a five-year lease on suite 1.05 (2,228 sq ft) at a rent of £28 per sq ft with the landlord Hortons’ Estate Ltd.
Hiscox is relocating from 39 Bennett’s Hill, where it employs 20 people and has been based since 2000, when the Birmingham office was launched.
Hiscox is the seventh company to move to the offices at The Grand since they were given a £1.5m makeover as part of the multi-million pound redevelopment of The Grand. Other occupiers include CNA Hardy, Listers Medical Group, Maber Architects, MediaCom, Node and Paragon.
Steve Tommy from Hortons’ Estate said: “Since the launch, take up of the offices has been swift and we have now let all the larger suites, with just several smaller suites remaining, which can accommodate requirements from 200 sq ft to 700 sq ft.
The brisk letting activity is testament to the quality of the office accommodation, which has been sympathetically restored to retain some of the original period features, while offering the high spec finishes expected of modern offices. The location on Colmore Row, arguably Birmingham’s best business address, is also a major factor.
Johnson Fellows and Lambert Smith Hampton are instructed as letting agents on Imperial & Whitehall.