Moneypenny, the UK’s leading provider of Telephone Answering and Outsourced Reception services, announces today that it has acquired additional land and permission for a new office development. The new land is adjacent to its existing headquarters and the development will comprise of approximately 8,000 sq ft of additional space at Unit H Yale Business Village, Wrexham Technology Park, Wrexham.
The new site will facilitate Moneypenny’s continued expansion and will provide the space required for the employment of an additional 100 new employees. The target date for completion of the construction is June 2011.
Ed Reeves, co-founder and CEO of Moneypenny, comments:
“This is a significant milestone for the company. We have been operating very successfully in Wrexham for more than ten years now and this expansion is an illustration of our commitment to Wrexham and the region. With this additional space we are able to recruit more high calibre employees locally, whilst continuing to grow our nationwide network of clients.”
The transaction was handled by DTM Legal, the Chester based specialists in commercial law.
Matthew Robinson, consultant at DTM Legal who led the transaction, comments:
“This is a significant deal in the current economic climate. We are delighted that our commercial property and investment team has been given the opportunity to extend the firm’s relationship with Moneypenny by facilitating its expansion in this way.”
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