ActiveQuote to hire 40 in Global Reach expansion

24 October 2019

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Leading comparison website and independent broker for private health and protection insurance, ActiveQuote has expanded into an additional 4,315 sq ft of Grade A office space at its Cardiff Bay headquarters.

ActiveQuote now occupies some 12,276 sq.ft at Global Reach, a 61,600 sq ft office building in Celtic Gateway Business Park, and has announced it is to hire an additional 40 staff in the next 12 months.

Commercial property advisors Cooke & Arkwright provided advice on the acquisition of the new offices.

Mark Siddons, Senior Surveyor with Cooke & Arkwright’s Business Space team said, “We were instructed to source options across Cardiff to accommodate ActiveQuote’s expansion.

“Having occupied part of the second floor of Global Reach since 2014, the firm required additional offices to facilitate the next stage of growth of the business. Having advised them on a range of potential options, we ultimately entered into negotiations with their existing landlord and decided to remain in the same building, acquiring an additional 4,315 sq ft on the ground floor of Wing A.”

Rob Saunders, CEO of ActiveQuote said, “Cooke & Arkwright has been a huge support to ActiveQuote throughout the process. As a business, we are going through an exciting time of growth which is fantastic and being able to rely on the team at Cooke & Arkwright to help us through this transition and advise on the best options has been great. It has allowed us to focus on the other areas of growth such as recruiting.”

Global Reach is located in Celtic Gateway Business Park, close to Cardiff Bay Retail Park and Cardiff International Sports Village. It is less than three miles from the city centre and has direct access to the A4232 which links the city centre with Cardiff Bay and the M4 motorway,

Knight Frank acted for the landlord at Global Reach.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP