Successful lease acquisition results in new headquarters for Worcester Diocesan Board of Finance.

10 September 2021

Earlier this year, the Worcester Diocesan Board of Finance approached Pennycuick Collins for help in the acquisition of a new Diocesan office.

Our experienced commercial team inspected and negotiated terms for a new lease at 16 Lowesmoor Wharf in Lowesmoor, Worcester. Once terms were agreed Worcester DBF gave the go ahead to acquire the lease and Pennycuick Collins instructed solicitors.

16 Lowesmoor Wharf provides office accommodation for about 40 staff, and is located within easy walking distance of Worcester City Centre. It has on-site parking making it the perfect location for our client.

Talking about the acquisition, John Preston of Worcester DBF said:

“Pennycuick Collins made the process easy for us, and provided professional and prompt support. We’re really pleased with the outcome.”

Richard Moxon, Director at Pennycuick Collins added;

“It has been an absolute privilege to assist Worcester DBF with their journey to relocate. Their team have been clear in their requirements which allowed our team to proceed with the acquisition.

The relationship built between Pennycuick Collins and Worcester DBF has made our role with acquiring the lease much more efficient and has allowed us to deliver on our promise of excellence in customer service.”

Pennycuick Collins has continued to grow throughout the Midlands over recent years with the firm recently being shortlisted for Residential Managing Agent of the Year at the Insider Awards. We aim to provide the best possible customer service to all our clients, whether it is acquiring a new lease for a commercial client or manager a block of apartments for a residential client, we feel that our continued expansion shows that we continue deliver on this.

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