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This deal was for 16,752 sq ft of grade A office space at the Great Central Square development in Leicester.
The deal was for Europcar’s new headquarters. The car hire business has been in Leicester for more than 35 years, many of those years at its previous HQ on Welford Road.
The new offices at No. 1 Great Central Square were speculatively built alongside the Lane 7 leisure venue and new Adagio and Novotel hotels.
The deal was completed at £20 per square foot, the highest headline rent achieved in Leicester.
Working with the joint agents APB and M1 Agency, Europcar took two floors of the new premises. The offices are part of the £50 million redevelopment of the five-acre area.
Great Central Square is also part of Leicester’s waterside regeneration project and sits opposite the city’s Highcross shopping centre.
Charles Street Buildings Group
Developer: Charles Street Buildings
Agent: M1 Agency
Great Central Square
ProCon Leicestershire Limited
47 Westview Avenue, Glen Parva, Leicester. LE2 9JU. Company number: 5420643