Link
  •  Home
  •  
  •  
  •  
    Your Basket is empty

  •  

We are in business for your business,
Supporting you at every turn

FORTIS LIVING’S MALVERN HQ PLACED ON THE MARKET

Home / News & Opportunities / Member News

Date: 03/10/2018

Fortis Living is selling its Malvern headquarters as the organisation prepares for its upcoming relocation to Worcester.

Harris Lamb has been appointed as the sole agent for the 21,200 sq ft self-contained office, Festival House, which was purpose-built for housing association in 1999.
 
Harris Lamb said that the sale represented a rare opportunity to purchase a modern, well appointed freehold building with excellent facilities, extensive parking, convenient access links and local amenities.
 
Jacqui Bayliss, Director at Harris Lamb’s Worcester office, said: “This relocation has been a real joint effort across our in-house specialist teams. Further to our Agency department acquiring a new site in Midland Road, Worcester for Fortis Living, and our planning team’s success in securing permission to develop it, the organisation instructed our Building Consultancy team to oversee the build of the new HQ. 
 
“We’ve now been appointed as sole agents to sell the existing headquarters ready for its vacation in March 2019.
 
“Festival House is a detached, purpose-built, two-storey office building, with an additional 2,500 sq ft of space in the form of a detached 2,500 garage with store. Predominantly open plan, the office has some partitioned offices and meeting rooms, and also has 122 parking spaces,” she said.
“Located in a prominent position on the corner of Townsend Road and Grovewood Road two miles away from Malvern and just a mile from the mainline railway station at Malvern Link with its direct services to Worcester, Hereford and Birmingham, the building is an ideal site for businesses seeking a central UK address with easy access to the motorway network via junction 7 of the M5. 
“With freehold purchase opportunities within the region being very thin on the ground, we anticipate a great deal of interest in the property" Jacqui said.
Richard Grounds, Executive Director – Growth and Investment at Fortis Living, said: “We have enjoyed many years at Festival House, and while we’re looking forward to the new chapter for the organisation at our new premises. 
“Harris Lamb identified and acquired the new site at Midland Road, where the business is now overseeing the build on a new 15,000 sq ft office beside our existing office, Progress House. As such, we have every confidence that the business is best-positioned to oversee the sale of Festival House.”
The property has a guide price of £2.5million subject to contract.
Fortis Living is a not-for-profit housing association based in Worcestershire, providing more than 16,000 homes across Worcestershire, Herefordshire, Warwickshire and Gloucestershire. With a turnover of over £100 million a year, it is one of the largest housing providers in the West Midlands.