Portsmouth: Vail Williams brokers relocation by Printware
Printware, a thriving Portsmouth print and office equipment company, is primed for expansion after relocating to larger premises near the M27, in a deal brokered by commercial property specialists Vail Williams on behalf of its client, Forelle Estates.
Part of The Danwood Group, Printware is already recruiting for additional new sales teams after agreeing the move from Hilsea to 10,000 sq ft of office space on the ground floor of Shore House at North Harbour Business Park, close to Junction 12 of the M27.
Vail Williams, with Hughes Ellard as joint marketing agent, settled the deal between the expanding business and Forelle Estates, which owns Shore House. Vail Williams believes it is a sign of the improving demand for office space in the Solent corridor.
Printware’s new base will contain a training centre, customer innovation experience area, auditorium, sales offices and meeting rooms. Relaxation and break-out staff areas, including games entertainment, will be provided to help enhance the employee working environment.
Rod McCarthy, managing director at Printware, said: “The relocation to an office building close to the motorway will provide us with the ability to access a wider pool of potential employees, further expanding opportunities for local people, while being more accessible to accommodate customer visits to our new facility.
“The relocation to larger offices will provide further scope for expansion and provide a first-class customer experience. We will showcase new print technologies in a purpose-built demonstration area along with our wide portfolio of other office technologies such as interactive screens and projectors.”
The deal means that Shore House now has 9,800 sq ft of office space available on the first floor either available as a whole or as two suites: one of 4,500 sq ft and the other 5,300 sq ft at a quoting rent of £16 per sq ft.