COMMERCIAL PROPERTY
CARTER JONAS EXPANDS FOLLOWING SIGNIFICANT GROWTH
The national property consultancy , has expanded its business in the South West taking an additional 3,662 sq . ft . of space in St James House , The Square , Bath .
The new office will enable the commercial and rural teams at Carter Jonas to expand their services across the region . The market leading residential team , which includes sales and lettings as well as new homes , will remain at its existing base at Wood Street in the city centre .
Nationally , Carter Jonas has grown substantially over the last three years , increasing its turnover by 50 per cent , with its commercial business growing its revenue by more than 200 per cent over the same period . The move further strengthens Carter Jonas ’ presence in the South West and follows the news earlier this year that the business has opened two new offices in Taunton and Truro , taking its total network of offices across the UK to 38 .
Carter Jonas ’ Bath office first opened in 2009 and the commercial and rural teams now comprise 32 qualified surveyors offering a comprehensive range of property services including : commercial , retail and rural agency , architecture and building consultancy , management , planning and valuations .
Scott Harkness , Partner and Head of Commercial , Carter Jonas , said : “ This is an exciting new chapter for the team in the South West . Our expansion is a testament to the relationships that have been built with clients across the region , as well as the quality of service , expertise and local knowledge that we provide . Our national growth is reinforced by the achievements of our regional hub offices across the UK and Bath is a true success story . The commercial and rural teams have grown both in size and
expertise over recent years with revenue increasing by 75 per cent since 2009 .
“ Activity in the South West market has been extremely positive , with occupier demand at its highest for several years and this has presented many new opportunities for the teams . Our new office space provides a modern , open-plan environment in a convenient location for access to Bath and the wider region , and an ideal platform for our future development .”
Regional REIT Limited acquired St James House in 2015 and since then it has undertaken a comprehensive refurbishment of the building . Lambert Smith Hampton advised London & Scottish Property , asset managers to Regional REIT Limited , on the transaction , Carter Jonas represented itself .
For more info : www . carterjonas . co . uk
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32 THE BUSINESS EXCHANGE 2017