Mason Owen Financial Services (MOFS), has taken 4,209 sq.ft., occupying half of the 7th floor at 20 Chapel Street in the heart of Liverpool’s Commercial Business District.
The firm of chartered insurance brokers has taken a 10-year lease, taking occupancy at 20 Chapel Street to 80 per cent let.
MOFS, which has a team of 23 working from its current Liverpool base at Gladstone House, is expected to move to its new office space in November.
This latest letting comes after existing 20 Chapel Street tenant, Barclays, recently extended its lease for another five years. The firm occupies 7,825 sq ft on the 11th floor of the 15-storey, Grade A building.
At the end of last year, the £3-million programme of internal upgrade works at the iconic office development completed, which saw vacant office accommodation and associated and lift lobbies refurbished. The 12th floor was also reconfigured to provide a potential future occupier with the option of a single 7,917-sq.ft. floorplate with unrivalled views of the city’s waterfront at a quoting rent of £20.50 per sq ft.
Worthington Owen and CBRE are joint agents on 20 Chapel Street.
Sam Walker, director at Canmoor, said:
“We’re delighted to welcome Mason Owen Financial Services to 20 Chapel Street as well as retain Barclays for another five years.”
“These businesses are well known locally, and in the case of Barclays, nationally, so to have an additional high-profile occupier based at the building is testament to the quality of the space and its location.”
“These lettings leave 28,000 sq ft of available space at 20 Chapel Street and, with Grade A offices still in short supply in Liverpool, we expect interest in the remaining space to be high.”
Andrew Gibbons from Mason Owen Financial Services, said:
“When considering the expansion of our business it was incredibly important to find premises that were synonymous with our Liverpool roots but would provide us with sufficiently modern and flexible space. We believe that 20 Chapel Street will provide us with everything that we need to facilitate the development of our business for years to come and we are delighted to have secured the space.”