Agreed New Lease to Instant Managed Offices/Dept Works Pensions (DWP)
Egale 2, St Albans Road, Watford
Agreed letting to Instant Managed Offices/Dept Works Pensions on behalf of Columbia Threadneedle
Bray Fox Smith are happy to announce that they have secured a new lease for Egale 2, Watford, comprising the entire building which is 17,071 sq ft at a rent of £32.00 which is a record for the town away from Clarendon Road. Instant Managed Offices and The DWP are taking this space.
Instant Managed Offices is the world’s largest office broking service dedicated to finding the ideal flexible workspace for their clients – wherever their business is going.
The Department for Work and Pensions (DWP) is responsible for welfare, pensions, and child maintenance policy. As the UK’s biggest public service department, it administers the State Pension and a range of working age, disability, and ill health benefits to around 20 million claimants and customers.
Egale 2 comprises a four-storey office building, that has been extensively refurbished by the landlord to include all new air conditioning and a very contemporary reception with new WCs throughout. The building sits fronting St Albans Road. Close to the town centre, retail and leisure facilities with the extended Intu shopping centre which opened in 2018 along with, restaurants, IMAX cinema and Hollywood Bowl, this makes for a great location.